Prime opportunity to own nearly 3 acres with 3 fully permitted and approved additional lots at 115, 119, and 121 Canal, plus possible ADU potential and the opportunity for even more future buildable lots. This beautifully updated 3 bedroom ranch combines comfortable single-level living with outstanding investment, development, and expansion potential. Inside, the home features a stunning brand-new kitchen, a newly added bathroom, an additional beautifully renovated bath, a private primary suite, new flooring, new boiler and fresh paint throughout, creating a move-in-ready space with modern appeal. Ideally situated within walking distance to downtown and the train station, with easy access to I-95 and just over 10 minutes to Rhode Island's beautiful beaches, this property offers an unbeatable location for homeowners, investors, and developers alike. Whether you are looking for a primary residence, an income-producing opportunity, a possible ADU setup, or a property with significant future development potential, this is a truly unique offering in a highly desirable setting.