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6-Unit Apartment Building
For Sale
$980,000
Pending

68 WINTER Street, Lincoln, RI 02838

MULTI_FAMILY - Lincoln, RI

Property Size8,708 SF
Lot Size0.21 Acres
Days on Market50

Property Features for 68 WINTER Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bedroom 9, Bedroom 11, Bedroom 12, Bathroom 3, Bedroom 5, Basement, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 8, Bedroom 10, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6
Parking 12
Interior features Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
Basement Full, Unfinished
Appliances Gas Water Heater, Dryer, Oven/Range, Refrigerator
Subdivision Manville
Standard status Pending
Size 8,708 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7624

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1873
Floors in Building 4
Number of units 4
Flooring type Vinyl, Carpet
Building materials Dry Wall, Plaster, Shingles, Vinyl Siding
Listing Agency: Here Realty
Listed By: James Luth
Added: Jun 19 Changed: Aug 4 Last Checked: Aug 7 at 9:06PM
MLS# 1415803

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.

Investment Insights

Based on property information with market context.

This well-maintained six-unit apartment building offers a unit mix of four three-bedroom apartments and two two-bedroom apartments. The building includes natural gas heating and interior finishes with drywall and plaster, plus vinyl and carpet flooring. Appliances include a gas water heater, oven/range, refrigerator, and dryers. Tenant-paid utilities are in place, and lead certificates are in place.

Recent capital improvements include six new individual heating systems and a roof that is approximately 3 years old. The property is served by public sewer and has ample off-street parking, including six detached garages and three storage units.

The property sits on a 0.21-acre lot and totals 8,708 square feet. Built in 1873, it is located in the Lincoln school district. For the 2025 expense ratio, the property is reported at 26 percent on gross income, with P and L available upon request.

Key Highlights

  • Four three‑bedroom and two two‑bedroom apartments
  • Tenant‑paid utilities with lead certificates in place
  • Six new individual heating systems; roof approximately 3 years old

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Kitchen & Bath Showroom Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

Demographics for 02838, RI

3,801
Population
1,546
Households
2.5
Avg Household Size
38
Median Age
49%
College-Educated
91%
High-School Grad
1.4 sq mi
ZIP Area
2,715
Density / Sq Mi
$82,075
Median Household Income
$51,989
Median Earnings
$1,311
Median Rent
$327,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained six-unit property with a four three-bedroom and two two-bedroom unit mix, tenant-paid utilities, and lead certificates.
Where is this apartment building located?
The property is located at 68 WINTER Street Lincoln, RI.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Four three‑bedroom and two two‑bedroom apartments; Tenant‑paid utilities with lead certificates in place; Six new individual heating systems; roof approximately 3 years old
More about this property
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