$997,500

About this home

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 unit—$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.

Property facts

Property type

Multi Family

Year built

2024

Lot size (acres)

4.46

Total rooms

10

Garage spaces

0

Total parking

10

Annual taxes

$7,977

Tax year

2026

Neighborhood

Kenyon

County

Washington

Features

Heating

Bottle Gas, Forced Air

Cooling

Central Air

Basement

Full, Walkout, Finished, Bathroom, Family Room, Office, Utility

Appliances

Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Electric Water Heater

Interior

Wall (Dry Wall), Attic, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)

Fireplace

None

Laundry

In Unit

Parking

No Garage

Construction

Dry Wall, Vinyl Siding

Sewer

Septic Tank

Water

Well

Community

Bus, Golf, Highway Access, Hospital, Interstate, Marina, Public School, Restaurants, Schools, Shopping, Near Swimming

Exterior

Deck, Porch

Lot

Out Building, Other, Wooded

Location