1316 Ocean Road
$1,250,000
Description
1316 Ocean Road,
Narragansett,
RI
02882
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.
This is an Active listing.
Broker Office Phone Number: 401-846-3800
Copyright © 2024State Wide MLS of Rhode Island, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Tile Flooring
- Hardwood Flooring
- Ceramic Flooring
Listing By: William Raveis Inspire via Data Source: State Wide MLS of Rhode Island, Inc.
Single Family
Property type
Price History
date | price | variance | type |
---|
11/12/2024 | $1,250,000 | 3.77 % | decreased |
7/2/2024 | $1,299,000 | - | Listed |
listing agent: Carolyn Drumm