Duplex & Multi Family For Sale in 02896, RI

MIXED-USE TWO-UNIT OPPORTUNITY | HIGH-VISIBILITY ROUTE 146 FRONTAGE | INVESTOR, OWNER-USER OR CONDO POTENTIAL. Rare side-by-side building minutes from Walmart, Kohl's, Texas Roadhouse, Lincoln Mall and Route 146/I-295. Approx. 2,852 SF above-grade: ~1,557 SF unit with two brand-new high-end full bathrooms + ~1,295 SF unit with half bath. Separate entrances and dual driveways for independent access and parking. Above-ground basement (~1,506 SF total) divided into 3 separate units with independent entrances each unit or all units can provide additional income. Certificate of Zoning Compliance ZC-26-01 (Jan. 2026) confirms business use is permitted to continue and residential use is a legal preexisting nonconforming use in the BH zone. Flexible uses: hold as income property; live in one unit and operate a business next door; use both for commercial/office or retail; or pursue conversion to separately sellable residential and/or commercial condominium units. As residential condos the units are projected at approximately $450k and $375k (also usable as a 1-family), supporting significantly higher total value. Kitchen not currently present because of unknown buyer's intended use; seller will install buyer's design at additional negotiable cost, or kitchen not required for commercial use. Corporate-owned; sold AS-IS. Not surveyed by seller; no representation as to boundaries. Pre-qualified buyers or proof of funds preferred.

Great opportunity to own a three-family property in North Smithfield with plenty of potential to add value. The property offers two generously sized 3-bedroom, 1-bath units, each with washer and dryer hookups, along with a distinctive loft-style 2-bedroom, 1-bath third unit. The versatile layout and combination of oil and gas heating provide flexibility for both owner-occupants and investors. With some updating, there is an opportunity to improve the property, maximize rental income, and build long-term equity. Conveniently situated near major roadways with access to Rhode Island and surrounding Massachusetts and Connecticut communities, the location is well suited for commuters and tenants alike. A solid investment opportunity for those looking to take on a project and unlock the property's full potential.