1316 Ocean Road
Narragansett, RI, 02882
$1,250,000
4 Beds
3.5 Baths
2,700 SqFt
0.16 Acres
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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 Provided Courtesy of William Raveis Inspire

Property Details

Price:
$1,250,000
MLS #:
1362935
Status:
Active
Beds:
4
Baths:
3.5
Address:
1316 Ocean Road
Type:
Single Family
Subtype:
Single Family Residence
City:
Narragansett
Listed Date:
Jul 2, 2024
State:
RI
Finished Sq Ft:
2,700
Total Sq Ft:
2,700
ZIP:
02882
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
2010
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Interior

Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Ceramic Tile, Hardwood
Heating
Bottle Gas, Forced Air

Exterior

Architectural Style
Colonial
Construction Materials
Vinyl Siding
Parking Features
Attached
Parking Spots
11

Financial

Tax Year
2024
Taxes
$7,461

Map

Community

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1316 Ocean Road
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