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$1,900,000
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Property Description
Investor Alert!! Total of 9 units across 3 buildings all fully occupied with strong rental history and parking. Three 3 unit buildings which share a parking lot along with 5 garage bays make this investment opportunity too good to pass up! Addresses are 92 Spring St., 35 Central St. & 37 Central St. 6 out of the 9 total units have been taken to the studs within the past 3 years with all new wiring, plumbing, heating systems, and all cosmetic upgrades. Total gross rents of nearly $16k/month (just under $188k/year). Properties are subdivided and would qualify for individual conventional loans as well.
Full Property Details
Full Property Details for 92 Spring St
General
- Price: $1,900,000
- Taxes: $17,658 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: STWMLS
- MLS ID: 1401085
- Updated: 12/17/2025
- Added to Site: 50 day(s) ago
Additional Information
- Security/Safety: Closed Circuit Camera(s), Carbon Monoxide Detector(s), Smoke Detector(s), Building Security, Security Lights
Parking
- Garage: Yes
- Total Spaces: 10
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Space Heater
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 3
- Structure Type: Multi Family
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Dirt Floor
- Stories/Levels: 0
- Year Built: 1900
Lot Features
- Lot Size (Sq. Ft.): 13,081
- Lot Size: 13081
- Frontage: City Street
- Potential Use: Multi-Family, Residential
Financial Considerations
- Tax Amount: $17,658.33
- Tax Year: 2025
Disclosures and Reports
- Property ID: 92SPRINGSTLINC
- Lot Number: 73
Listed by Westcott Properties
Get Pre-Approved Today
Schools
Schools serving 92 Spring St
School District:Lincoln School District, Lincoln, RI
| Name | Grades | Distance |
|---|---|---|
Lincoln Senior High School 135 Old River Road, Lincoln, RI 02865 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 92 Spring St
Date
Details
Price
Change
Source
12/17/2025
Price Reduced
$1,900,000
-4.76%
MLS
12/02/2025
Listed
$1,995,000
625.45%
MLS
12/01/2021
Sold
$275,000
—
Public Record
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
Tax History for 92 Spring St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,284
1%
$390,800
29%
2024
$5,247
5%
$302,400
—
2023
$4,987
—
$302,400
—
2022
$4,974
9%
$302,400
35%
2021
$4,561
1%
$224,800
—
2020
$4,527
23%
$224,800
36%
2018
$3,688
2%
$165,000
—
2017
$3,614
-1%
$165,000
-2%
2016
$3,633
16%
$168,200
26%
2015
$3,134
—
$133,200
—
2014
$3,140
—
$133,200
—
2013
$3,129
—
$133,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 92 Spring St
92 Spring Street, Lincoln, RI 02838 (MLS# 1401085) is a Commercial Multi-Family property. 92 Spring Street is currently listed for $1,900,000 and was received on December 02, 2025. Want to learn more about 92 Spring Street? Do you have questions about finding other Commercial 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.

