271 - E Great Island Road Narragansett

$275,000
2 1 780 sq ft

The Property

Charming fully furnished beach cottage offering the perfect coastal getaway or investment opportunity! This 5-room cottage features 2 bedrooms, open floor plan, and comfortably sleeps 7. Enjoy stunning sunsets from the wraparound deck and all the charm of seaside living just 500 steps to the beach. Walk to local restaurants, fishing, and the Block Island Ferry.

Exterior features maintenance-free vinyl siding with attractive vinyl shingles and clapboard, outdoor shower, public water and sewer, and architectural shingle roof approximately 8 years old.

Excellent rental income potential with furnishings included, making this truly turnkey. Whether you’re looking for a summer retreat, vacation rental, or possibly a year-round coastal escape, this cottage offers it all in an unbeatable location!

This home currently has a 4 year lease at $10,000 year. Cash buyers only

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Listing Details

MLS Number

1413645

Features

  • Recreational Facilities
  • Restaurants
  • Near Swimming
  • Deck
  • Heating: Electric, Baseboard
  • Heating Fuel: Electric, Baseboard
  • Type: Bungalow
  • Year Built: 1940
  • Water Amenities: Access, Beach, Walk to Salt Water

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Market Trends for Single Family Homes
in Narragansett

  • Overview
    Homes for Sale Today80-93% decrease in inventory
    New on Market *4928.9% increase in new listings
    Avg. Asking Price/Sq.Ft. *$792.01$15 increase in List Price/Sq.Ft.
    Avg. Sale Price *$904,444$388,215 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.42%-0.1% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$573.08$265 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *6022 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 Stachurski Agency

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