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Remodeled Triplex With 5-Bay Garage
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 Market217

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
Listed By: David Zuller · License #REB.0200492
Source: Kw
Added: Mar 27 Changed: Oct 27 Last Checked: Oct 28 at 1:19PM

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

Rey
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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.

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

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Lease Details

3
Residential units
100%
Occupancy

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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
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