167 Central St, Lincoln, RI 02838
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$599,900
3 Unit
5 Beds
3 Baths
3252 SQFT
0.32 Acre

Property Description

Unique 3-unit residential property in the Manville section of Lincoln, offering a rare blend of rental income potential, updated living space, garage value, parking & long-term upside. Originally a 2-family home, the property was expanded less than 20 years ago with the addition of a 2-car garage & a private apartment above, creating a desirable third unit with its own entrance. The newer apartment features 2 bedrooms, ceramic tile flooring, modern kitchen cabinetry & appliances, a private porch with composite decking, recessed lighting, 1 full bath & 1 half bath. The garage below adds valuable space for parking, storage, or property use. The original two units offer a combined 3 bedrooms with various updates throughout, including vinyl flooring. Additional highlights include a fenced-in yard, ample off-street parking, owned solar panels, & a newer natural gas on-demand heating system. Conveniently located close to highway access, this Manville multifamily stands out!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Basement Features: Interior Access, Partially Finished
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 52500
  • Net Operating Income: 52500

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl / VCT
  • Lead Paint: Unknown
  • Year Round: No
  • Warranty: No

Other Information

  • MLS ID# 73517114
  • Last Updated: 05/16/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/16/2026Active$599,900$184MLSPIN
05/12/2026New$599,900$184MLSPIN

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Seller's Representative: Spectrum Real Estate Consultants, Keller Williams Realty Leading Edge
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-16 03:05:00

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