CCertihomes
505 Old River, Lincoln, RI 02838

$419,900

0 beds 0 baths Built 1982Active

About this home

Mixed use property with commercial use on the first level and a residential unit on the second level. Building was constructed in 1982. Lot size is approximately 16, 117 sf. with adequate parking. Quick access to both Interstate 295 and Route 146. There is currently a 960-sf. greenhouse on the property. Building has a full walk-out basement for storage and utilities as well as a half bath. First level is mainly open and was used for retail of produce. Second level had a one-bedroom residential apartment. This building has many possibilities!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$6,853/mo

Real estate (PITI + HOA + PMI)
$4,167
Principal + interest$2,705
Property tax + insurance$1,305
PMI / 2nd mortgage$157
Utilities
$5,214
Heating + cooling$2,454
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$6,853/mo TLC
Budget$7,353/mo
Remaining after TLC$500/mo
Purchase price
$419,900
Down payment
$20,995 (5%)
Loan amount
$398,905
APR
7.19%

Quick facts

Type
Commercial Sale
Style
Year built
1982
Lot size
Stories
0
Heating
Forced Air
Cooling
Water
Connected, Municipal
HOA
Annual tax
$5,218
MLS #
1355833
County
Providence

At a glance

Basement

Home features

Sewer
Septic Tank

Lot features

Paved, Free Standing, Suburban

Neighborhood — 02838

MetricThis ZIPCountyUSA
Population4,6621,095,423299,088,112
Population Change Since199020.00%9.00%20.00%
Population Density3,234994
Male2,214529,266147,432,321
Female2,447566,157151,655,844
Never Married959266,40463,775,926
Married2,020435,678123,120,365
Separated18643,64212,639,686
Widowed28466,66815,467,586
Divorced31583,84323,075,029
Number Of House Hold1,967410,399111,826,380
Average House Hold Size2.332.562.60
Medial Age39.1137.2735.46
Median House Hold Income$44,306$47,553$48,276
Average House Hold Income$52,492$61,609$63,629
P C I$22,148$23,965$24,529
M D I$38,124$40,634$41,133
A T H E$45,055$49,940$50,898
S T R7.00%7.00%
W C J84.24%78.02%77.74%
(Zip) Code
2838

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 4/2/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.