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, 2 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.

Richmond is located in Rhode Island. Richmond, Rhode Island has a population of 8,064. Richmond is more family-centric than the surrounding county with 29.77% of the households containing married families with children. The county average for households married with children is 25.16%.
The median household income in Richmond, Rhode Island is $100,493. The median household income for the surrounding county is $92,001 compared to the national median of $69,021. The median age of people living in Richmond is 43.9 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 18.9 degrees. The average rainfall is approximately 51.7 inches per year, with 30.1 inches of snow per year.