99 Main St Main St Lincoln, RI 02802

This exceptional investment opportunity presents a well-maintained five-unit multifamily property nestled in the charming village of Albion, Rhode Island. Located at 99-103 Main Street, Lincoln, RI 02802, this property boasts a substantial lot size of 10,454 square feet. The building, constructed in 1915, comprises a single structure housing five rental units. Currently, four of the units are two-bedroom, one-bathroom apartments. Two units are undergoing renovations, and upon completion, rents are projected to reach $1500 per month. This presents a significant opportunity to increase the property's overall income potential. The property's address is 99-103 Main Street, situated in Providence County. This property is listed at $829,900 and offers a compelling return on investment. Note that this property can be purchased as a package with a separate property (MLS number 1351800, located at 96 Main St). This presents a unique opportunity for investors seeking to expand their portfolio in a desirable Rhode Island location. The property's prime location and strong rental demand make it an attractive investment for both seasoned and new investors. Detailed financial projections are available upon request.