Rare opportunities like this don't come along often! Welcome to 116 Bishop Ave in Rumford, RI. This spacious two-family home offers an exceptional opportunity for both investors and owner-occupants in one of Rumford's most desirable neighborhoods. Each unit features beautiful hardwood floors throughout, a generous double parlor connecting the living and dining rooms, an eat-in kitchen, two bedrooms, a full bathroom, and a bright bonus sunroom perfect for a home office, reading nook, or additional living space. The second-floor unit also includes a walk-up attic with excellent potential to be finished into additional living area. The basement provides ample storage space and includes coin-op laundry, along with additional washer and dryer hookups. Numerous recent improvements offer peace of mind, including a new roof, a new boiler, a new hot water tank, updated structural beam and Lally columns, recently paved driveway, new insulation, updated basement stairs, remodeled kitchens and bathrooms, updated appliances, and lead-safe certification. Utilities are separately metered, with a shared water meter and landlord electrical panel already in place. Ideally located within walking distance to the Ten Mile River Greenway, Rock Athletic Field, Turner Reservoir, Bridgham Farm, local bakery, and more. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this is a fabulous investment opportunity you won't want to miss.