fbpx

85 Narragansett Avenue Narragansett

$975,000
7 3.1 3,556 sq ft

The Property

Welcome to the “Boarding House” at 85 Narragansett Avenue steps from Narragansett Town Beach! The Roof is brand new!! The property is set up as a 3 family home and is zoned and permitted as a boarding house. First floor unit has 3 bedrooms and 1 and 1/2 bathrooms, eat in kitchen and a screened in front porch. Second floor has 2 bedrooms, 1 bathroom, eat-in kitchen. Third floor “loft” unit has 2 bedrooms and 1 bathroom with a quaint kitchen and living area.

All full baths have in floor radiant heated tile. This home has beautiful hardwood flooring and laundry in the first floor hall for your guests convenience. There is a small grassy area in the back yard to gather and grill abutting the 6 parking spaces. Property has a strong Air BNB history with the average nightly rate topping $800, that is $70,000 in 12 weeks of rental income. Not to mention the Early birds, the labor day crowd, the September surfers and winter rentals. This property is an absolute cash cow. Everything within the 4 walls conveys, from the furnishings down to the plates. This is a commercial property. (MLS# 1295714)

Read more

Contact Associate

Listing Details

MLS Number

1295718

Lot Size:

0.14 acres

Features

  • Basement: Full
  • Wood
  • Heating: Baseboard
  • Heating Fuel: Oil
  • Laundry
  • Type: Apartment
  • Year Built: 1926
  • Water Amenities: Access, Walk to Salt Water, Walk To Water

See more features

Listed by RI Real Estate Services

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!