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$564,900 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 2 Units
  • 5 Total Beds
  • 0.11 Acres
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This well-maintained Gable-Front two-family in desirable Lincoln, RI offers a versatile layout ideal for both investors and owner-occupants. A new roof (2022) and updated appliances provide peace of mind and added value. The first-floor unit features 2 bedrooms, a full bath, an eat-in kitchen, and a comfortable living room, currently tenant-occupied with an active lease - perfect for immediate rental income. The upper unit delivers a multi-level living layout across the second and third floors. The second level includes 2 bedrooms, a full bath, kitchen, and living room, while the heated and finished third floor - accessed by an interior staircase - functions as a true extension of the unit. Ideal as a 3rd bedroom, primary suite, guest space, or home office, this flexible layout offers the kind of multi-level living rarely found in multi-family properties. This unique configuration appeals to today's buyers seeking additional space to live and work, while also enhancing long-term rental potential. Owner-occupants may benefit from Lincoln's 35% Homestead Tax Exemption, helping to significantly reduce monthly carrying costs.

Full Property Details for 71 South St

General

  • Price: $564,900
  • Taxes: $3,575 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1409731
  • Updated: 5/8/2026
  • Added to Site: 63 day(s) ago

Interior

  • Number of Rooms: 11
  • Interior Features: Tub Shower
  • Appliances: Water Heater
  • Flooring: Carpet, Ceramic Tile, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Common Area

Parking

  • Total Spaces: 4
  • Parking Features: No Garage

Location

  • County: Providence

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas, Hot Water

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Architectural Style: Stacked
  • Detached/Attached: Detached
  • Construction: Drywall, Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full, Interior Entry, Unfinished
  • Stories/Levels: 0
  • Building Size: 3504
  • Finished Total: 3,504 Sq. Ft.
  • Finished Above Grnd: 3,504 Sq. Ft.
  • Year Built: 1900

Lot Features

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

Financial Considerations

  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,575.76
  • Tax Year: 2025

Disclosures and Reports

  • Inclusions: "Seller & broker make no representations or warranties & the information herein is subject to revision. Buyer is advised to perform due diligence, inspection, verification of condition & contract terms prior to closing. DO NOT enter property if not feeling well." * Public record does not reflect finished third floor. * Washing Machine is not included. Offer deadline: Wednesday, May 6 at 5:00 PM.
  • Property ID: 71SOUTHSTLINC
  • Lot Number: 269

Listed by Better Living Real Estate, LLC

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Listing agent

— 71 South St —

  • Better Living Real Estate, LLC

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 71 South St

School District:Lincoln School District, Lincoln, RI
NameGradesDistance
Saylesville Elementary School
50 Woodland Street, Lincoln, RI 02865
K-50.7 mi
Lincoln Middle School, Lincoln, RI
152 Jenckes Hill Road, Lincoln, RI 02865
6-83.6 mi
Lincoln Senior High School
135 Old River Road, Lincoln, RI 02865
9-124.2 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 71 South St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Price Reduced
$564,900
-2.59%
MLS
4/01/2026
Listed
$579,900
26.64%
MLS
12/08/2022
Sold
$457,900
—
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 71 South St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,500
3%
$406,800
32%
2024
$5,356
5%
$308,700
—
2023
$5,090
—
$308,700
—
2022
$5,078
7%
$308,700
32%
2021
$4,746
33%
$233,900
54%
2014
$3,573
—
$151,600
—
2013
$3,561
—
$151,600
—
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.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Better Living Real Estate, LLC

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71 South Street, Lincoln, RI 02865 (MLS# 1409731) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 71 South Street is currently listed for $564,900 and was received on April 01, 2026. Want to learn more about 71 South Street? Do you have questions about finding other Multi-Family 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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