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Two-Unit Duplex with Acreage
For Sale
$499,900

60 Colwell Road, Smithfield, RI 02828

Two residential units include updated kitchens, fireplaces, laundry, and substantial storage on a corner parcel.

Property SizeContact for details
Lot Size1.84 Acres
Days on Market88

Property Features for 60 Colwell Road

General Information

Standard status Active
Lot size 1.84 Acres
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Amenities

fireplaces
Fireplace
Baseboard
Oil
Window Unit(s)
Dryer
Dishwasher
Oven
Oil Water Heater
Range
Refrigerator
Washer

Building Details

Year Built 1830
Buildings 1
Stories 2
Listing Agency: RE/MAX Properties
Listed By: Jo-Ann Carlton
Source: Kw
Added: Jun 6 Changed: Aug 31 Last Checked: Aug 4 at 8:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Properties

Investment Insights

Based on property information with market context.

Built in 1830, this duplex contains two residential units within a two-story home on a 1.84-acre corner lot. The first-floor residence offers over 1,300 square feet with three bedrooms, two fireplaces, a large living room, an eat-in kitchen, an updated full bath, and laundry. The second-floor unit provides over 1,100 square feet with two bedrooms, an updated eat-in kitchen, a sitting room, and a generously sized living room.

Original character is paired with practical updates, including wide pine plank flooring and multiple fireplaces. A full walk-up attic and full basement add substantial storage. Appliances and systems include baseboard heat, oil service, window units, an oil water heater, washer, dryer, dishwasher, oven, range, and refrigerator. The property is being sold as is.

Key Highlights

  • Two‑unit duplex on a 1.84‑acre corner lot at 60 Colwell Road, Smithfield, RI 02828
  • First‑floor unit exceeds 1,300 square feet with 3 bedrooms and 2 fireplaces
  • Second‑floor unit exceeds 1,100 square feet with 2 bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Repair Shop Building Supply Law Firm HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 02828, RI

7,469
Population
3,012
Households
2.5
Avg Household Size
50
Median Age
41%
College-Educated
95%
High-School Grad
4.3 sq mi
ZIP Area
1,737
Density / Sq Mi
$94,746
Median Household Income
$61,278
Median Earnings
$999
Median Rent
$400,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include updated kitchens, fireplaces, laundry, and substantial storage on a corner parcel.
Where is this duplex located?
The property is located at 60 Colwell Road Smithfield, RI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑unit duplex on a 1.84‑acre corner lot at 60 Colwell Road, Smithfield, RI 02828; First‑floor unit exceeds 1,300 square feet with 3 bedrooms and 2 fireplaces; Second‑floor unit exceeds 1,100 square feet with 2 bedrooms
More about this property
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