Nestled conveniently close to the University of Rhode Island, this inviting 3 year (young) raised ranch house offers a unique opportunity for both homeownership and investment. Boasting two distinct living areas, this property presents as an ideal income-generating prospect. The upper level features spacious living quarters with bright, airy rooms and modern amenities, perfect for comfortable living or potential rental opportunities. There are 3 bedrooms and 2 full baths upstairs, quartz countertops and stainless steel appliances in the kitchen, and cathedral ceilings in the living room complete with a gas fireplace. Downstairs, a separate living space provides additional flexibility, catering to multi-generational living arrangements or rental income potential. There is a bedroom, quartz kitchen, and an oversized bathroom with a walk-in zero threshold shower. The exterior is complete with maintenance free vinyl siding, black windows, a full house generator, electric car charger outlet, utility sink, and beautiful trex decking all situated on .46 acres. With its prime location to URI, downtown Wakefield, and all South County Beaches, this property is an attractive option for everyone. Whether you're looking for a primary residence with supplementary income or a savvy investment opportunity, this raised ranch house offers both versatility and profitability in a sought-after location. Don't miss out. Schedule your appointment today.