56 Pleasant View Ave Smithfield, RI 02828

This exceptional 2-story colonial at 56 Pleasant View Avenue, Smithfield, RI 02828, presents a unique investment opportunity. Boasting a substantial 20,038 square foot lot, the property offers over 3,000 square feet of living space, perfectly suited for both residential and commercial uses. The 1986-built structure features six bedrooms and five and a half bathrooms, along with two full kitchens and two kitchenettes, providing ample space for a large family or multiple rental units. Two walk-out lower-level units, each with a private entrance, offer further flexibility for multigenerational living or a bed and breakfast (permits pending). Five separate living spaces ensure maximum privacy. Interior features include a spacious 650 square foot formal living room with a marble gas fireplace, built-ins, updated plumbing and electric, a new oil burner, a 280-gallon oil tank, and six heating zones. Exterior amenities include a 500-square-foot deck overlooking protected forestland, a new six-foot fence, and ample parking. A 2023 Certificate of Occupancy has been issued. Conveniently located five miles from Providence, near Route 295 and the Smithfield School System, this property offers significant income potential and is priced at $849,000.