37 Central Street, Lincoln, RI 02838 - Photo 1

1/1

$549,900

Sold
Closed
Apartment
6 Beds
3 Full Baths
0.11 Acres
Updated 4 days ago

1/1

Property Description

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

Full Property Details for 37 Central St

General

Sold For: $549,900
Taxes: $6,440 (2025)
Status: Closed
Type: Apartment
Source: STWMLS
MLS ID: 1408391
Added to Site: 102 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
Sold by REMAX Revolution

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— 37 Central St —

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Schools

Schools serving 37 Central St

School District:Lincoln School District, Lincoln, RI

Name	Grades	Distance
Northern Lincoln Elementary 315 New River Road, Lincoln, RI 02838	PK-5	0.5 mi
Lincoln Middle School, Lincoln, RI 152 Jenckes Hill Road, Lincoln, RI 02865	6-8	4.1 mi
Lincoln Senior High School 135 Old River Road, Lincoln, RI 02865	9-12	2.5 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

Date

Details

Price

Change

Source

7/01/2026

Sold

$549,900

—

MLS

3/27/2026

Listed

$549,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

$1,800,000

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Industrial
Active

Listed by Matt Pita (401) 226-3478

601 Hunting Hill Dr, Cumberland, RI 02864 - Photo 1

Just Listed

$595,000

Open House

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Condo
Active
Updated 11 hours ago

2
Beds
3
Total Baths
1,721
Sq. Ft.

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Just Listed

$599,000

Open House

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Condo
Active
Updated 1 day ago

2
Beds
3
Total Baths
2,008
Sq. Ft.

14 Park St, Central Falls, RI 02863 - Photo 1

Just Listed

$349,000

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Multi-Family
Active
Updated 11 hours ago

2
Units
3
Total Beds
0.1047
Acres

3 Barrett St, Cumberland, RI 02864 - Photo 1

Price Reduced

-$39,900 (-6.24%)

$600,000

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Multi-Family
Active
Updated 1 day ago

3
Units
8
Total Beds
0.11
Acres

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Price Reduced

-$46,000 (-4.62%)

$949,000

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Commercial
Active

78 Jenks St, Central Falls, RI 02863 - Photo 1

Price Reduced

-$24,100 (-5.37%)

$424,900

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Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
2,899
Sq. Ft.

42 Georgiana Dr, Cumberland, RI 02864 - Photo 1

Price Reduced

-$29,000 (-3.87%)

$720,000

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Single Family
Active
Updated 18 hours ago

3
Beds
3
Total Baths
3,158
Sq. Ft.

92 Spring St, Lincoln, RI 02838 - Photo 1

Sold

$599,900

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Apartment
Closed
Updated 4 days ago

6
Beds
3
Total Baths

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Sold

$562,725

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Multi-Family
Closed

3
Units
11
Total Beds
0.1184
Acres

125 Main St, Lincoln, RI 02802 - Photo 1

Sold

$550,000

125 Main St Lincoln, RI 02802

Single Family
Closed

3
Beds
3
Total Baths
1,718
Sq. Ft.

5 Valley St, Lincoln, RI 02838 - Photo 1

Sold

$575,000

5 Valley St Lincoln, RI 02838

Multi-Family
Closed

2
Units
5
Total Beds
0.29
Acres

37 Central Street, Lincoln, RI 02838 (MLS# 1408391) is a Apartment property that was sold at $549,900 on July 01, 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.

37 Central St Lincoln, RI 02838