16 Mechanic Street South Kingstown, RI $ 649,900
16 Mechanic Street
$ 649,900
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16 Mechanic Street

South Kingstown, RI, 02879
$ 649,900
Bedrooms4 Baths2.0 Sq 2,609

Monthly Estimate*

$ 4,002

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Multi-Family Home for sale in South Kingstown, RI

for $649,900 with 4 bedrooms and 2 full baths. This 2,609 square foot home was built in 1890 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 649,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,167

Style

Lot Size

0.12

Year Built

1890

Town/City

South Kingstown

County/Region

Washington

MLS | Web ID

1409914

Features
General
Sewer Connected
Heating Baseboard Oil
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Rental Agreement
Zoning r10
Garage Spaces 0
Construction Materials Drywall Plaster Wood Siding Shingle Siding
Year Built 1890
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
County Washington
Operating Expense 9476
New Construction false
Property Type Residential Income
Subdivision Name In-Town Wakefield
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Active
City South Kingstown
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 5227
Land Lease Y/N false
Tax Annual Amount 3167
Standard Status Active
Tax Assessed Value 354300
Tax Lot 90
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Interior
Interior Amenities Interior Steps Skylights Tub Shower
Basement Full Unfinished
Flooring Hardwood
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area
Total Bedrooms 4
Total Baths 2
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Exterior
Parking Features No Garage
Water Source Connected
Total Parking 4
Inclusions n/a
Lot Size Area 5227
Foundation Details Stone
Number of Buildings 1
Building Area Total 2609
Lot Size Acres 0.12
Covered Spaces 0
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* Excluded Features
List By
Lighthouse Real Estate Group

Broker

johnb@lighthouseri.com

Email

Affordability Calculator

$4,265
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$264
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$649,900 Listed Price

Map


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16 Mechanic Street, South Kingstown, RI, 02879 is a Multi-Family Home for sale at $649,900 with 2,609 sqft and a lot size of 0.12. 16 Mechanic Street has 4 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 02879 which is in South Kingstown, RI