1 Columbia Ave, Jamestown, RI 02835

Rare opportunity to own a versatile two-unit, up-and-down multifamily home in the heart of Jamestown. This centrally located property sits on a corner lot, just steps from Jamestown Village, local shops, and restaurants. Each unit features its own private entrance, separate electric panel and heating system, plus convenient in-unit laundry. Both units are currently vacant, giving the new owner flexibility—live in one and rent the other, or rent both for steady income. The first-floor unit offers two bedrooms, one bathroom, a spacious living room and sunroom, a full kitchen, and a dedicated laundry room. Upstairs, the second unit features four bedrooms or use one as an office, full kitchen, one full bathroom, and a bright living room. Large windows bring in plenty of natural light, and hardwood floors run throughout both units. Additional highlights include oil heat, town water and sewer, a private backyard, and a full basement perfect for storage. Tucked behind McQuades Market and next to Town Hall, this property combines convenience, practicality, and income potential—all in one ideal location.