Price Reduced 3.77%

$1,250,000 ($462.96 per sqft)

Est. Mortgage $6,321/mo *

Quick Pre-Approval

Price History

$1,299,000
7/2/2024

$1,250,000
11/11/2024


1316 Ocean Road, Narragansett, RI, 02882

1316 Ocean Road, Narragansett, RI, 02882

9 rooms

4 beds

3 Full / 1 Half baths

2010

Colonial

2,700 sqft

SURF'S UP-are you ready for some fun in the sun? Incredible opportunity to own this immaculate investment property OR second home by the sea. Perhaps a hybrid of both by collecting the rent checks consistently and keeping a summer month to enjoy! Excellent summer rental history, $3,000 a week which then converts to an academic rental from September through May for roughly $3000-$4,000 a month. Summer weekly rentals can easily be increased due to A-1 location with 4 beaches only minutes away. Move in ready as this house is extremely well maintained on a regular basis. Feel the ocean breezes as you enjoy the views from several balconies. Ready for new owners to make memories that will last a lifetime! Tenants in place until May of 2025.


Status:

Active

Type:

Single-family residential

Garage:

1-car Attached, Garage

Heating:

Forced Air, Propane

Cooling:

Central Air

Basement:

None

Parking:

11-car

Acreage:

0.16

Est. Taxes:

$7,461

Assessment

$1,134,900

Construction

Vinyl Siding

Days on Market:

115

Appliances:

Gas Water Heater

MLS #:

1362935

Contact listing agent for buyer broker compensation if applicable.


Community Info

School Info

Walk Score

Mass Transit

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