1316 Ocean Road, Narragansett, RI 02882

$1,299,000 Asking Price

4 beds
4 baths
2,700  sqft
Built in 2010

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. 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.


Features & Amenities

Interior

Appliances:
Gas Water Heater
Basement:
None
Flooring:
Ceramic Tile,Hardwood
A/C:
true, Central Air
Heating:
true, Forced Air,Propane
Fireplace:
Fireplaces: 0

Exterior

Style:
Colonial
Parking:
Attached,Garage, Parking spaces: 11

Construction

General:
Vinyl Siding, 3, Slab

Location

Originating MLS:
RIS
County:
Washington

Lot

Zoning:
1316OCEANRDNARR

Utilities

Utilities:
200+ Amp Service
Water:
Connected
Sewer:
Septic Tank

Financial

Source:
RIS

This listing courtesy of:
William Raveis Inspire

About Narragansett, RI

Housing

Number of Units
8,509
Median Home Value
$513,597
Median Rent
$1,219

40.91% of housing units are renter occupied.

34.33% are vacant.

Commute

Car
70.54%
Public Transportation
1.09%
Walk to Work
0.72%
Work from Home
26.97%
Other
0.33%

The median travel time to work is 20 minutes.

People

Population
12,496
Median Age
44.20
Median Household Size
2.66

Education

High School
17.79%
Associate’s Degree
7.31%
Bachelor’s Degree
30.47%
Graduate Degree
27.66%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: