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.
Sold for $675,000
$675,000
16 Mechanic St, South Kingstown, RI 02879
4beds
1,546sqft
Multi Family
Built in 1890
-- sqft lot
$679,900 Zestimate®
$437/sqft
$3,127 Estimated rent
Home value
$679,900
$619,000 - $748,000
$3,127/mo
Zestimate® history
Owner options
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$3,127/mo
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$3,127/mo
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$3,366/mo
Est. payment
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$3,366/mo
Est. payment
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List your homeWhat's special
Partially fenced yardBrand-new appliances
Zillow last checked:
Listing updated:
Listed by:
John Biafore 401-862-4041,
Lighthouse Real Estate Group
Bought with:
Non-Mls Member
Non-Mls Member
Source: StateWide MLS RI,MLS#: 1409914
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard
Cooling
- Window Unit(s)
Appliances
- Laundry: In Building
Features
- Wall (Cermaic), Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Wall (Wood), Skylight, Stairs, Insulation (Ceiling), Insulation (Walls)
- Flooring: Hardwood
- Windows: Skylight(s)
- Basement: Full,Bulkhead,Unfinished,Common
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,609
- Total interior livable area: 1,546 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: SKINP0574L000090
- Zoning: r10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Dry Wall, Paneled, Plaster, Wood Wall(s), Shingles
- Foundation: Stone
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: In-Town Wakefield
HOA
- Has HOA: No
Location
- Region: South Kingstown
Financial & listing details
- Price per square foot: $437/sqft
- Tax assessed value: $354,300
- Annual tax amount: $3,167
- Date on market: 4/13/2026
- Inclusions: n/a
- Total actual rent: 4150
- Tenant pays: Heat
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $675,000+3.9%$437/sqft |
Source:  StateWide MLS RI #1409914 Report a problem | ||
| 4/21/2026 | Pending sale | $649,900$420/sqft |
Source: StateWide MLS RI #1409914 Report a problem | ||
| 4/13/2026 | Listed for sale | $649,900+1.5%$420/sqft |
Source: StateWide MLS RI #1409914 Report a problem | ||
| 10/28/2025 | Sold | $640,000+0.8%$414/sqft |
Source: StateWide MLS RI #1392073 Report a problem | ||
| 9/22/2025 | Pending sale | $635,000$411/sqft |
Source: StateWide MLS RI #1392073 Report a problem | ||
| 9/18/2025 | Listed for sale | $635,000+143.8%$411/sqft |
Source: StateWide MLS RI #1392073 Report a problem | ||
| 3/20/2007 | Sold | $260,500-13.9%$168/sqft |
Source: Public Record Report a problem | ||
| 10/3/2006 | Sold | $302,500$196/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,167 -2.3% | $354,300 +20.8% |
| 2024 | $3,240 +0.9% | $293,200 |
| 2023 | $3,211 | $293,200 |
| 2022 | $3,211 +1.8% | $293,200 +34.4% |
| 2021 | $3,153 | $218,200 |
| 2020 | $3,153 | $218,200 |
| 2019 | $3,153 +1.3% | $218,200 +9.9% |
| 2018 | $3,112 +2.4% | $198,500 |
| 2017 | $3,039 +1.5% | $198,500 |
| 2016 | $2,995 +0.4% | $198,500 +3.3% |
| 2015 | $2,983 +0.3% | $192,200 |
| 2014 | $2,975 +0.1% | $192,200 |
| 2013 | $2,973 -6.3% | $192,200 -12.2% |
| 2012 | $3,174 -0.1% | $218,900 |
| 2011 | $3,176 +3.8% | $218,900 +1.5% |
| 2010 | $3,061 -8% | $215,700 -21.6% |
| 2009 | $3,327 +14.1% | $275,200 +13% |
| 2008 | $2,915 -7.3% | $243,500 -10.9% |
| 2007 | $3,145 +3.1% | $273,200 +17.7% |
| 2005 | $3,049 +29.2% | $232,200 +95.9% |
| 2003 | $2,359 | $118,500 |
Find assessor info on the county website
Neighborhood: Wakefield
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Peace Dale SchoolGrades: PK-5Distance: 1.1 mi
- 9/10Broad Rock Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10South Kingstown High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$679,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$679,900
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