Remodeled Triplex With 5-Bay
For Sale
$599,900
92 Spring Street, Lincoln, RI 02838
Three residential units feature updated building systems, modern finishes, and current occupancy.
Property SizeContact for details
Days on Market133
Property Features for 92 Spring Street
General Information
Standard status
Active
Total Parking Spaces
5
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
3
Amenities
Baseboard
Gas
Hot Water
Window Unit(s)
Gas Water Heater
Sewer Connected
Building Details
Year Built
1900
Year Renovated
2022
Buildings
1
Stories
2
Listing Agency:
Westcott Properties
(401) 421-5300
Listed By:
David Zuller
Source:
Kw
Added: Mar 28
Changed: Aug 7
Last Checked: Aug 7 at 1:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westcott Properties
Investment Insights
Based on property information with market context.
This three-unit residential income property underwent a comprehensive renovation in 2022, including replacement of the electrical and plumbing systems. The units feature modern finishes, baseboard heating, gas service, hot water, window units, and gas water heaters. An attached 5-bay garage expands the property's functional space and may provide additional income potential. Sewer service is connected.
All three units are currently rented. The property is individually deeded and is being offered as part of a three-property portfolio totaling 9 units, with each property marketed separately. The seller requires simultaneous closing for all three properties, and the portfolio shares a common parking area.
All three units are currently rented. The property is individually deeded and is being offered as part of a three-property portfolio totaling 9 units, with each property marketed separately. The seller requires simultaneous closing for all three properties, and the portfolio shares a common parking area.
Key Highlights
- Three‑unit property fully rented at the time of listing
- 2022 renovation included new electrical and plumbing systems
- Modern finishes throughout the residential units
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units feature updated building systems, modern finishes, and current occupancy.
Where is this triplex located?
The property is located at 92 Spring Street Lincoln, RI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Three‑unit property fully rented at the time of listing; 2022 renovation included new electrical and plumbing systems; Modern finishes throughout the residential units
