Exceptional Newer-construction two-family home offering quality craftsmanship, strong income potential, and approximately 4.5 serene private acres with exciting future possibilities. Set in a private compound-like, tranquil setting, this townhouse-style duplex features two spacious units, each offering 2 bedrooms, 2½ bathrooms, and a bright, open-concept floor plan designed for modern living. Each residence features a generous living area with convenient walkout access and a finished walkout lower level, perfect for a guest suite, home office, family room, or additional flexible living space. An outstanding opportunity for investors, owner-occupants, or multigenerational living, with projected rental income of approximately $3,500 per month per unitâ$7,000 combined. The expansive acreage offers potential for future barns, garages, workshops, additional outbuildings, or possibly an accessory dwelling unit (ADU), subject to local zoning and approvals. Ideally located just minutes from the University of Rhode Island, making this property attractive to faculty, graduate students, professionals, and other prospective tenants. Conveniently located near South County beaches, restaurants, shopping, and recreation. A rare opportunity to own a newer income-producing property in a peaceful, private compound setting, offering exceptional privacy, flexibility, and long-term potential.
| Location | |
|---|---|
| City/Town | Richmond |
| County | Washington |
| Community Features | Bus, Golf, Highway Access, Hospital, Interstate, Marina, Public School, Restaurants, Schools, Shopping, Near Swimming |
| Interior | |
|---|---|
| Living Area | 3,840 sq. ft. |
| Rooms | 10 |
| Heating | Bottle Gas, Forced Air |
| Cooling | Central Air |
| Interior Features | Wall (Dry Wall), Attic, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls) |
| Additional Information | |
|---|---|
| Tax Assessment | $642,300 |
| Exterior | |
|---|---|
| Acreage | 4.46 |
| Exterior Features | Deck, Porch |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
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