This well-maintained Gable-Front two-family in desirable Lincoln, RI offers a versatile layout ideal for both investors and owner-occupants. A new roof (2022) and updated appliances provide peace of mind and added value. The first-floor unit features 2 bedrooms, a full bath, an eat-in kitchen, and a comfortable living room, currently tenant-occupied with an active lease - perfect for immediate rental income. The upper unit delivers a multi-level living layout across the second and third floors. The second level includes 2 bedrooms, a full bath, kitchen, and living room, while the heated and finished third floor - accessed by an interior staircase - functions as a true extension of the unit. Ideal as a 3rd bedroom, primary suite, guest space, or home office, this flexible layout offers the kind of multi-level living rarely found in multi-family properties. This unique configuration appeals to today's buyers seeking additional space to live and work, while also enhancing long-term rental potential. Owner-occupants may benefit from Lincoln's 35% Homestead Tax Exemption, helping to significantly reduce monthly carrying costs.