Courtesy: RE/MAX ONE
401-943-6111
Rare Smithfield Opportunity: *Mixed use zoning.* Close to everything, this spacious multi-family offers exceptional potential. Income-Producing Layout: Ideal setup featuring a two bedroom apartment that could easily be converted to a small business space paired with a steady, reliable income stream from a spacious second-floor townhouse-style apartment. Situated on an oversized lot, this property offers the perfect blend of investment potential and comfortable, elevated living. The primary residence spans the entire second and third floors, designed with the feel of a private townhouse. Whether you are looking for an owner-occupant scenario or a premium rental, this layout stands in a class of its own. The first floor features a well-maintained, two-bedroom, one-bath unit that provides consistent income potential. It is the perfect setup for investors looking for stability in a top-tier location, or for savvy buyers looking to offset their mortgage with reliable, long-term rental demand. With two brand-new combination boilers installed, you won't need to worry about heat or hot water for years to come.
Smithfield is located in Rhode Island. Smithfield, Rhode Island has a population of 21,855. Smithfield is more family-centric than the surrounding county with 30.71% of the households containing married families with children. The county average for households married with children is 27.53%.
The median household income in Smithfield, Rhode Island is $87,819. The median household income for the surrounding county is $65,797 compared to the national median of $69,021. The median age of people living in Smithfield is 44.5 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 50 inches per year, with 40.3 inches of snow per year.
