NOT LISTED FOR SALE

5 Lincoln St Smithfield, RI 02917

4 Beds
4 Baths
4,420 Sq Ft
6,534 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $440,000 $100 Per Sq Ft

17 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Porch
  • Vincent J. Gallagher Middle School Rated A-
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of May 2023

Do not miss out on this income producing 4 unit in Smithfield! Located in a quiet neighborhood on a dead end road, excellent proximity to highway, shopping, Citizens, Fidelity, Bryant University, and Rhode Island College. Tenants have been in place 2 years or longer. One bed one bath in all units, gas on gas stoves and electric heat, tenants pay their own heat and electric, gas hot water tanks, all four less than 3 years old. Great open floorpans, hardwood floors, and bonus/office space with lots of natural light in the second floor units.

Last Agent to Sell the Property

The Rachel Jones Team

SKD Real Estate Listed on: 03/25/2023

Last Buyer's Agent

Michael Russo

RI Real Estate Services License #REB.0018125

RI Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Wooded Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,420 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 5LINCOLNSTSMTH

Community Details

Overview

  • 4 Units
  • Esmond Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,000

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: Esmond
  • Above Grade Finished Sq Ft: 4420.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Plaster, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Electric, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 5LINCOLNSTSMTH
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 8400.0

Tax Info

  • Tax Annual Amount: 4000.0
  • Tax Lot: 32
  • Tax Year: 2022

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $440,000 +2.3% $100 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $429,900 +104.7% $97 / Sq Ft
09/29/2014 09/29/14 Sold $210,000 -12.5% $88 / Sq Ft
08/30/2014 08/30/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $239,900 -- $100 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • The Rachel Jones Team

    Seller's Agent in 2023

    The Rachel Jones Team

    SKD Real Estate

    (401) 663-6162

    2 in this area

    222 Total Sales

    The Rachel Jones Team
    Section Image
  • Michael Russo

    Buyer's Agent in 2023

    Michael Russo

    RI Real Estate Services

    (401) 465-0417

    3 in this area

    297 Total Sales

    Michael Russo
    Section Image
  • Karl Martone

    Seller's Agent in 2014

    Karl Martone

    RE/MAX Properties

    (401) 232-3900

    27 in this area

    335 Total Sales

    Karl Martone
    Section Image

  • J

    Buyer's Agent in 2014

    Jeremy Krause

    Residential Properties Ltd.

    (508) 740-8983

    28 Total Sales

    Jeremy Krause
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1332106

State-Wide MLS

APN: SMIT M:24 B:000 L:032 U:

Rhode Island Providence County Smithfield 02917

5 Lincoln St, Smithfield, RI

This home is located at 5 Lincoln St, Smithfield, RI 02917 since 25 March 2023. This property was built in 1920. 5 Lincoln St is a home located in Providence County with nearby schools including Old County Road School, Vincent J. Gallagher Middle School, and Smithfield High School.

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