590 Davisville Road
North Kingstown, RI, 02852 $ 325,000
Bedrooms2 Baths2.0 Sq 2,250 Monthly Estimate*
$ 2,245
for $325,000 with 2 bedrooms and 2 full baths. This 2,250 square foot home was built in 1740 on a lot size of 0.38.
An exciting opportunity awaits in a fantastic North Kingstown location! This mixed-use property offers incredible potential for investors, developers, and owner-operators looking to create something truly special. Situated on a great lot near Electric Boat, this property is ideally positioned to take advantage of the area's strong employment base and convenient access to local amenities and major roadways. The building has been taken down to the studs and is ready for your vision, offering a blank canvas to design and finish the space to suit your needs. The first floor offers mixed-use potential, creating an opportunity for commercial space, a business location, or another permitted use. Upstairs, the existing layout features a 2-bedroom, 1-bathroom residential unit, with the potential to explore converting the upper level into two separate residential units, subject to zoning, building code, and applicable approvals. With a desirable location, a generous lot, and multiple possibilities for the finished layout, this property presents a unique opportunity to add value and create a versatile income-producing asset. Whether you're envisioning a mixed-use investment, commercial and residential combination, or a redevelopment project, the possibilities are worth exploring. Bring your contractor, bring your ideas, and bring your vision to life! Properties with this kind of flexibility and potential are hard to come by.
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FeaturesGeneralSewer Septic Tank
Heating Oil Other
Cooling None
Possession Close Through 45 Days
Garage Spaces 0
Construction Materials Shingle Siding
Year Built 1740
Electric Circuit Breakers
Property Subtype Multi Family
Tax Year 2025
Community Features Golf Highway Access Marina Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping
County Washington
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Davisville
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
City North Kingstown
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 16553
Land Lease Y/N false
Tax Annual Amount 3994
Standard Status Active
Tax Assessed Value 361800
Tax Lot 123
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InteriorBasement Full Unfinished
Flooring Plywood
Total Fireplaces 0
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 2
Total Baths 2
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ExteriorParking Features No Garage
Water Source Connected
Total Parking 0
Inclusions Building is a legal 2 unit. One unit is commercial on the first floor and the other is a residential unit on the second floor. Possibility of making 2 residential units on the second floor exists. Buyer to do due diligence. Current contractor can finish the project if the buyer prefers.
Lot Size Area 16553
Foundation Details See Remarks
Number of Buildings 1
Building Area Total 2250
Lot Size Acres 0.38
Covered Spaces 0
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* Excluded FeaturesList Bymatt@mandevillesells.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,245
- Monthly Property Taxes
- $333
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in North Kingstown, RI
Average List Price $524,917
Percent of Sale Price 62%
About North Kingstown, RI 26,623 Population
1% Since 2002
$ 87,082 Median Income
46.94 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/28/2026 | $325,000 | | Listed Price |