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$549,900 Just Listed

  • For Sale
  • Active
  • Apartment
  • 6 Beds
  • 3 Full Baths
  • 0.11 Acres
  • Updated 14 hours ago
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Well-maintained 3-family property offering a strong investment opportunity in desirable Lincoln. The building features three 2-bedroom units, providing consistent rental demand and a well-balanced unit mix. The first and third-floor units have been updated, while the remaining unit offers value-add potential for future improvement. The property is fully rented, delivering immediate income with additional upside through continued updates and rental growth. This offering is part of a unique portfolio consisting of three separate 3-family properties (9 total units) that share a common parking area. Each property is individually deeded and being marketed separately; however, the seller is requiring a simultaneous closing for all three properties. Ideal for investors looking to scale with a package acquisition or coordinate a multi-buyer purchase.

Full Property Details for 37 Central St

General

  • Price: $549,900
  • Taxes: $6,440 (2025)
  • Status: Active
  • Type: Apartment
  • Source: STWMLS
  • MLS ID: 1408391
  • Updated: 3/27/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 15
  • Interior Features: Tub Shower
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Parking

  • Total Spaces: 2
  • Parking Features: No Garage

Location

  • County: Providence
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s), Wall Unit(s)
  • Heating Type: Baseboard, Gas, Space Heater

Utilities

  • Sewer: Connected, Public Sewer
  • Water: Connected, Public
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Structure Type: Apartment
  • Detached/Attached: Detached
  • Construction: Drywall, Plaster, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
  • Stories/Levels: 3
  • Building Size: 4764
  • Finished Total: 4,764 Sq. Ft.
  • Finished Above Grnd: 4,764 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Lot Size: 4792

Financial Considerations

  • Tax Amount: $6,440
  • Tax Year: 2025

Disclosures and Reports

  • Inclusions: There is a deed restriction in place to offer 1 unit of affordable housing. The same deed restriction is in place for each of the 3 units in the package. Because the current owner owns all 3, the monitoring agency only requires a total of 3 affordable units, not 1 per building. Currently, this building houses all 3 of the affordable housing units. If properties sell to different buyers, only 1 unit in each building will be required.
  • Property ID: 37CENTRALSTLINC
  • Lot Number: 73

Listed by Westcott Properties

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Listing agent

— 37 Central St —

  • Westcott Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 37 Central St

School District:Lincoln School District, Lincoln, RI
NameGradesDistance
Northern Lincoln Elementary
315 New River Road, Lincoln, RI 02838
PK-50.5 mi
Lincoln Middle School, Lincoln, RI
152 Jenckes Hill Road, Lincoln, RI 02865
6-84.1 mi
Lincoln Senior High School
135 Old River Road, Lincoln, RI 02865
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 37 Central St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Listed
$549,900
83.3%
MLS
12/01/2021
Sold
$300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 37 Central St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,438
14%
$476,200
47%
2024
$5,625
5%
$324,200
—
2023
$5,346
—
$324,200
—
2022
$5,333
4%
$324,200
29%
2021
$5,111
1%
$251,900
—
2020
$5,073
23%
$251,900
36%
2018
$4,128
2%
$184,700
—
2017
$4,045
-1%
$184,700
-2%
2016
$4,074
26%
$188,600
37%
2015
$3,242
—
$137,800
—
2014
$3,248
—
$137,800
—
2013
$3,237
—
$137,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Westcott Properties

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37 Central Street, Lincoln, RI 02838 (MLS# 1408391) is a Apartment property with 6 bedrooms and 3 full bathrooms. 37 Central Street is currently listed for $549,900 and was received on March 27, 2026. Want to learn more about 37 Central Street? Do you have questions about finding other Apartment real estate for sale in Lincoln? You can browse all Lincoln real estate or contact a Coldwell Banker agent to request more information.

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