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$1,500,000
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Property Description
Investors take note! This income-generating 7 unit offers plenty of cashflow with updated market rent. Five units include 3 spacious bedrooms, dine-in kitchens and open living room area. One unit offers 2 bedrooms with the same layout and the last unit is a spacious studio. 6 of the 7 units have been completely renovated and offer access to a shared front balcony. Off-street parking for up to 10 cars (each unit has one parking spot) with plenty of street parking as well. Property is up to fire code and complete with new electrical, boilers, and hot water heaters. $9500/monthly income. Do not miss out on this fully-occupied opportunity. Schedule a showing today!
Full Property Details
Full Property Details for 144 Railroad St
General
- Price: $1,500,000
- Taxes: $7,895 (2023)
- Status: Active
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1397712
- Updated: 10/14/2025
Property History
- 144 Railroad St, Lincoln, RI
- Listed $1,500,000 on 10/14/25
Parking
- Total Spaces: 10
Location
- County: Providence
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Building Size: 5200
- Finished Total: 5,200 Sq. Ft.
- Finished Above Grnd: 5,200 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size: 6098
- Frontage: State Road
- Potential Use: Residential
Financial Considerations
- Tax Amount: $7,895
- Tax Year: 2023
Disclosures and Reports
- Property ID: 144145RAILROADSTLINC
- Lot Number: 210
Listed by Century 21 Limitless
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Schools
Schools serving 144 Railroad St
School District:Lincoln School District, Lincoln, RI
| Name | Grades | Distance |
|---|---|---|
Northern Lincoln Elementary 315 New River Road, Lincoln, RI 02838 | PK-5 | 0.8 mi |
Lincoln Middle School, Lincoln, RI 152 Jenckes Hill Road, Lincoln, RI 02865 | 6-8 | 4.3 mi |
Lincoln Senior High School 135 Old River Road, Lincoln, RI 02865 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 144 Railroad St
144 Railroad Street, Lincoln, RI 02838 (MLS# 1397712) is a Commercial Residential Facility property. 144 Railroad Street is currently listed for $1,500,000 and was received on October 14, 2025. Want to learn more about 144 Railroad Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Lincoln? You can browse all Lincoln real estate or contact a Coldwell Banker agent to request more information.

