16 Mechanic Street South Kingstown

$649,900
4 2 2,609 sq ft

The Property

Enjoy the convenience of in-town living with this walkable two-family home! This well-maintained property presents a fantastic opportunity for both homeowners and investors. Offering two separate units, it provides flexibility for rental income, multigenerational living, or owner occupancy. Both units are currently generating strong rental income, making it an immediate and attractive investment.

The first-floor unit includes 2 bedrooms and 1 full bathroom, highlighted by a practical layout and brand-new appliances.

Upstairs, the second unit offers 1 bedroom, 1 bath, and a very small 2nd bedroom or a dedicated office space—perfect for remote work. The kitchen stands out with soapstone countertops and skylights that bring in natural light and enhance the space’s charm.

The exterior features a partially fenced yard, ideal for pets, gardening, or outdoor gatherings, along with a spacious shed for additional storage. Tucked away on a quiet street, yet just moments from Main Street, the property is within easy walking distance to shops, restaurants, cafes, and parks.

Whether you’re seeking a turnkey investment or a home with built-in income potential, 16 Mechanic Street presents a rare opportunity in a prime Wakefield location.

Read more

Listing Details

MLS Number

1409914

Lot Size:

0.12 acres

Features

  • Basement: Full, Bulkhead, Unfinished, Common
  • Heating: Oil, Baseboard
  • Heating Fuel: Oil, Baseboard
  • Laundry
  • Year Built: 1890

Market Trends for Single Family Homes
in South Kingstown

  • Overview
    Homes for Sale Today58-95.5% decrease in inventory
    New on Market *3441.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$508.72$57 increase in List Price/Sq.Ft.
    Avg. Sale Price *$947,233$273,495 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.69%3.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$632.20$262 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *1014 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Lighthouse Real Estate Group

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!