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    Turnkey 4-Family Investment Opportunity Title is generated by Realmo AI

    156 Lincoln Avenue, Central Falls, RI 02863

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    For Sale
    $820,000

    MULTI_FAMILY - Central Falls, RI

    Type:Apartment
    Property size:
    5,970 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $137/SF
    Added:
    Apr 15, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 11 at 3:06 pm

    Property Features for 156 Lincoln Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Zoning
    R-3
    Bedrooms
    13
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 7, Bedroom 13, Bedroom 10, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 12, Bathroom 3, Bathroom 4, Bedroom 9, Bedroom 4, Basement, Bedroom 2, Bedroom 11
    Parking
    4
    Basement
    Partially Finished, Full
    Appliances
    Gas Water Heater
    Standard status
    Active
    Size
    5,970 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7515

    Utilities

    Heating system
    Baseboard, Electric (Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    4
    Number of units
    4
    Flooring type
    Hardwood, Vinyl
    Building materials
    Vinyl Siding

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    Listing Contact
    Franshelly Tejeda

    Listing agent Franshelly Tejeda

    Listing office Cameron Prestige, Llc 20c Delcarmine Street, Wakefield, RI

    Listing date Apr 15, 2026

    MLS# 1410078 Listing URL

    Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully rented legal 4‑family property offering a turnkey investment opportunity.
    • Significant income potential with a total of 13 bedrooms.
    • Detached 2‑car garage provides extra revenue.
    • Versatile unit mix ranging from 2 to 4 bedrooms.
    • Newer roof, replacement windows, and vinyl siding minimize maintenance.
    • Finished basement with two rooms and two full bathrooms offers flexible space.

    Overview

    This fully rented, legal 4-family property presents a turnkey investment opportunity. The building contains a total of 13 bedrooms and offers significant income potential. The unit mix is versatile, ranging from 2 to 4 bedrooms per unit. A detached 2-car garage provides an opportunity for additional revenue. Ample off-street parking is available. The building has been maintained for longevity and is up to fire code. Features include a newer roof, replacement windows, vinyl siding, and classic porches. The basement offers extra finished space with two rooms and two full bathrooms, providing flexibility for a high-density asset. The property is located in Central Falls, Rhode Island, in Providence County, and has a lot size of 0.09 acres. The building size is 5970 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Central Falls
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.392172
    Latitude
    41.891499

    FAQs

    What type of property is this?
    Quadplex - Fully rented 4-family with 13 bedrooms and income potential.
    Where is this quadplex located?
    The property is located at 156 Lincoln Avenue Central Falls, RI.
    What is the asking price?
    The asking price for this property is $820,000.
    What are key features of this property?
    This property features: Fully rented legal 4‑family property offering a turnkey investment opportunity.; Significant income potential with a total of 13 bedrooms.; Detached 2‑car garage provides extra revenue.
    More about this property
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