$425,000

2 School St Unit 503 Lincoln, RI 02802

$5,047
Closing credit¹
2 beds
2 full
1,546 sqft
$275 / sqft
Condo

Property details

About 2 School St Unit 503

Nestled in the historic village of Albion, this stunning condominium is set within an elegant 1850's brick high-rise, blending timeless charm with modern conveniences. This spacious two bed, two bath, fifth-floor condominium sits along-side the Blackstone River with direct access to the scenic bike path. Boasting over 1,500 sf of living space with stunning hardwood floors and high ceilings, the open floor plan allows for an inviting space to entertain family and friends. With a large, modern kitchen equipped with stainless steel appliances, and the convenience of in-unit laundry hookups plus a newer gas furnace, this home provides comfort and efficiency. It's also one of the few units with a bump out for your dining enjoyment. Additional highlights include a primary bedroom suite, central AC, an assigned parking space, and extra storage in the basement. Enjoy use of the community gym, library and function room, all in a great location close to shopping and dining with easy highway access. The monthly fee includes water, sewer, snow removal, flood insurance and common area maintenance. Your cat is welcome, but dogs are not allowed. A perfect blend of charm and convenience, this exceptional condominium-home is an opportunity not to be missed.

Highlights

Home typeCondominium
HeatingBaseboard, Electric, Forced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,546 sqft
BasementYes
Year built1850
ParkingAssigned, No Garage
MLS #1382466
WaterfrontWaterfront
ViewWater

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Stall Shower, Tub Shower, Elevator
  • Fireplace: None
  • Total Bedroom Count: 2
  • Parking: Assigned, No Garage
  • Waterfront: Waterfront
  • View: Water
  • Architectural Style: High Rise
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $425,000
  • Price/SqFt: $274
  • HOA Amount: $521
  • HOA Frequency: Monthly
  • Lot: Waterfront
  • Year Built: 1850
  • Stories: 5
  • Living Area: 1,546 SqFt
  • MLS Number: 1382466
  • MLS Name: RIS
  • Office Name: Williams & Stuart Real Estate
  • Office Phone: (401) 942-0200
  • Office Email: admin@williamsandstuart.com

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

foyer entrance with recessed lighting and light wood finished floors

$425,000

2 School St Unit 503

$5,047

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Northern Lincoln Elementary School

Public District PK-5

1.2 mi

315 New River Rd

9

Ashton School

Public District KG-5

1.3 mi

130 Scott Rd

9

Lincoln Central Elementary School

Public District KG-5

1.6 mi

1081 Great Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $79,688. Typical income of Lincoln, RI residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
36%
35k-100k
25%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
4%
Single, with Kids
29%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
47%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • PaneraPanera
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • InfinitiInfiniti
  • LincolnLincoln
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Lincoln, RI

Lincoln's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and towns, facilitating easy commuting and travel. Public transportation options are available, providing connections to key areas within the town and to broader destinations. The community is also equipped with sidewalks and bike paths in certain areas, promoting walkability and cycling as alternative modes of transport.

Residents of Lincoln benefit from a solid educational system, with several public schools serving the area, as well as access to healthcare facilities that provide a range of services from primary care to specialized treatments. The town also features a public library system that serves as a hub for learning and community engagement. Retail and dining options in Lincoln reflect the local culture, offering a mix of national chains and independent businesses that cater to a variety of tastes and preferences.

Lincoln prides itself on its serene suburban atmosphere, offering residents a peaceful living environment with access to numerous parks and recreational areas. The community is celebrated for its annual events that foster a strong sense of togetherness, such as the Lincoln Arts Festival and the town's Fourth of July celebration, which highlight the local culture and arts scene.

The housing landscape in Lincoln is characterized by a blend of single-family homes and multi-family residences, with single-family homes being a significant portion of the market. Architectural styles in the area range from classic colonial to contemporary, reflecting the town's historical roots and modern growth. The majority of homes were constructed during the late 20th century, with a focus on family-friendly designs and amenities.

About 2 School St Unit 503

The listing price of 2 School St Unit 503 property is $425,000.

The property 2 School St Unit 503 is a condo located in Lincoln, Rhode Island, 02802.

Active Listing: 2 School St Unit 503 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2 School St Unit 503 are: Northern Lincoln Elementary School (GreatSchools Rating 4/10), Ashton School (GreatSchools Rating 9/10), Lincoln Central Elementary School (GreatSchools Rating 9/10), North Cumberland Middle School (GreatSchools Rating 9/10), Lincoln Middle School (GreatSchools Rating 6/10), Joseph L. Mccourt Middle School (GreatSchools Rating 6/10), Lincoln Senior High School (GreatSchools Rating 7/10), Cumberland High School (GreatSchools Rating 6/10), Davies Career-Tech High School (GreatSchools Rating 6/10).

The property at 2 School St Unit 503 has 2 bedrooms and 2 bathrooms.

The property 2 School St Unit 503 is 1,546 SqFt (source: MLS/tax record).

The year of construction for 2 School St Unit 503 is 1850.

This home is located at 2 School St Unit 503 in Lincoln, RI and zip code 02865. This 1,546 square foot home was built in 1850. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $425,000.

While more than 7 listings in Lincoln, RI in March 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. The number of listings in Lincoln, RI increased by 24.5% between February and March 2025. In March 2025 median list price was $492,000 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

More resources