Coldwell Banker Residential Brokerage
Veterans United Homefront
39 Photos

1316 Ocean Road, Narragansett, RI 02882

$1,250,000 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. 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.

Listing Status:
Active
Date Added:
July 2, 2024 — 178 days ago
Listing Office:
William Raveis Inspire
Office Phone:
401-846-3800
MLS ID:
1362935

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.

Veterans United Homefront

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: December 27, 2024 5:49 am.

Copyright © 2024 Coldwell Banker Residential Brokerage and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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