For Sale For Rent
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bedrooms
bedrooms
3
bathrooms
bathrooms
2
square feet
square feet
864
acreage
Acreage
0.132
open houses
Open Houses
-
year built
year built
1961
full baths
Full Baths
2
half baths
Half Baths
0
Welcome to this legal two-family property in the heart of Southern Narragansett. From the curb, this charming wood-shingled ranch appears to be a quaint single residence located at the end of a dead-end street, but savvy investors will appreciate the income-generating potential of its two distinct units. The thoughtfully designed layout features a cozy 300-square-foot studio apartment on one side and a well-proportioned 564-square-foot two-bedroom unit on the other. Both units boast full bathrooms with stand-up showers and are finished with durable luxury & commercial vinyl flooring throughout, ensuring minimal maintenance for owners and lasting appeal for tenants. Recent updates include a updated kitchen in the studio apartment and a fresh coat of paint (2024), while practical amenities like individual 100-amp electrical panels for each unit's electric heat provide autonomy and efficiency. The property is serviced by town water and features a three-bedroom septic system. Location is key - enjoy easy access to local beaches while property owners benefit from low Narragansett tax rates. As a bonus, this property sits within a designated Opportunity Zone, offering potential tax advantages for investors. With its proven track record as an income-generating property and current lead certificate in hand, this side-by-side duplex presents an exceptional opportunity for investors seeking a turnkey rental property in one of Rhode Island's most desirable coastal communities.
Location
Subdivision Point Judith
County Washington
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 1382921
Listing agent: Sheil Readyhough Team
Listing broker: Mott & Chace Sotheby'S International Realty (401) 789-8899
Copyright © 2025 State 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.   [source]
Last update: Thursday, April 24 2025 at 6:05 p.m. EDT
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