Welcome to 167 Water Street in Portsmouth's desirable Water St neighborhood. This coastal property offering breathtaking water views and direct access to the shoreline. This classic 3-bedroom Cape blends New England charm with flexible living, featuring a bright and inviting main residence with hardwood floors and plenty of natural light. The property also includes a detached accessory dwelling unit, providing the perfect opportunity for multigenerational living, a guest suite, or potential rental income. Enjoy peaceful mornings with coffee overlooking the water and spend your evenings hosting in the spacious yard. Additional highlights include a 1-car garage, ample off-street parking, and a prime location near local restaurants, beaches, and all that the East Bay has to offer. Whether you're looking for a year-round home, a vacation retreat, or an income-generating investment, 167 Water Street delivers the best of coastal Rhode Island living.