$749,000

About this home

Excellent investment opportunity in Lincoln! This well-maintained four-unit multifamily is fully occupied with established, long-term tenants, offering immediate rental income and a strong addition to any investment portfolio. Each unit features separate utilities, gas heat, owned hot water tanks, and hardwood flooring. Adding to the property’s appeal, one of the units offers a spacious townhouse-style layout with three bedrooms, providing a desirable and unique rental option. A one-year-old roof provides added peace of mind and reduces a significant future capital expense. The property sits on a generous lot with a large yard and offers the exceptional bonus of four individual garage bays, providing valuable parking and storage for tenants. Conveniently located on Main Street with easy access to shopping, dining, highways, and area amenities. A rare opportunity to acquire a fully occupied four-family in desirable Lincoln with separate utilities, versatile unit layouts, ample outdoor space, garage parking, and several important ownership advantages already in place.

Property facts

Property type

Multi Family

Year built

1850

Lot size (acres)

0.32

Total rooms

19

Garage spaces

4

Total parking

10

Annual taxes

$9,756

Tax year

2025

Neighborhood

Albion

County

Providence

Features

Heating

Natural Gas, Baseboard

Cooling

None

Basement

Full, Interior Only, Unfinished, Laundry, Storage Space, Utility

Appliances

Dryer, Oven, Range, Refrigerator, Washer

Interior

Wall (Dry Wall), Wall (Plaster), Wall (Wood), Attic, Attic Stairs, Attic Storage, Stairs, Plumbing (Mixed), Insulation (Unknown)

Fireplace

None

Laundry

Common Area, In Building

Parking

Detached

Construction

Dry Wall, Plaster, Wood Wall(s), Brick, Vinyl Siding

Utilities

Sewer Connected, Water Connected

Community

Bus, Commuter Bus, Golf, Highway Access, Interstate, Public School, Restaurants, Schools, Shopping

Lot

Out Building, Paved Driveway, Paved

Location