Description
Discover your next investment opportunity in the sought-after Pettaquamscutt Lake Shores neighborhood! This property features 3 bedrooms and 2 full bathrooms and 881 finished living space on the main level plus an additional 688 square feet of finished, walkout lower level, inclusive of an office and a versatile den space - perfect for hosting guests, a home theater, or a playroom. Each level hosts a full bathroom for convenience and privacy. The home boasts low maintenance vinyl siding, ensuring durability and ease of care. Relish in outdoor living with a charming wood rear deck, ideal for entertaining or simply to relax and appreciate quiet moments. Inside, find an inviting island kitchen with granite countertops and hardwood floors. For those interested in investment opportunities, this property has a proven record of generating income, with past leases encompassing both weekly summer rentals and academic year terms. Consider a potential 1031 exchange and purchase with other available investment properties in close proximity (MLS #1366170 & #1366173). A short stroll to Narrow River and minutes to Narragansett Town Beach, restaurants and shops. Ample off-street parking. As part of this friendly community, you'll have access to the neighborhood clubhouse, a beach, and a boat launch, perfect for those who enjoy outdoor activities. Town water and sewer services. Don't miss out on this versatile property that promises both a welcoming living space and a smart investment.
-
3BEDS
-
0.14ACRES
-
2BATHS
-
01/2 BATHS
-
1,569SQFT
-
$433$/SQFT
School Ratings & Info
Description
Discover your next investment opportunity in the sought-after Pettaquamscutt Lake Shores neighborhood! This property features 3 bedrooms and 2 full bathrooms and 881 finished living space on the main level plus an additional 688 square feet of finished, walkout lower level, inclusive of an office and a versatile den space - perfect for hosting guests, a home theater, or a playroom. Each level hosts a full bathroom for convenience and privacy. The home boasts low maintenance vinyl siding, ensuring durability and ease of care. Relish in outdoor living with a charming wood rear deck, ideal for entertaining or simply to relax and appreciate quiet moments. Inside, find an inviting island kitchen with granite countertops and hardwood floors. For those interested in investment opportunities, this property has a proven record of generating income, with past leases encompassing both weekly summer rentals and academic year terms. Consider a potential 1031 exchange and purchase with other available investment properties in close proximity (MLS #1366170 & #1366173). A short stroll to Narrow River and minutes to Narragansett Town Beach, restaurants and shops. Ample off-street parking. As part of this friendly community, you'll have access to the neighborhood clubhouse, a beach, and a boat launch, perfect for those who enjoy outdoor activities. Town water and sewer services. Don't miss out on this versatile property that promises both a welcoming living space and a smart investment.
![[Rhode Island Statewide MLS] logo](https://static.boomtownroi.com/content/photos/rhodeisland/idx/idx-large.gif)
© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-10T06:37:55.073.