$789,900

About this home

Fantastic and rare opportunity to purchase a move-in-ready multifamily property in highly desirable Narragansett! This versatile two-family offers an ideal setup for an owner-occupant, investor, or those seeking a Narragansett property with additional income potential. The first-floor unit features two bedrooms, one full bathroom, comfortable living space, in-unit laundry, and a welcoming farmer’s porch. This unit is currently tenant occupied. The second unit is vacant and offers a unique two-level layout with a primary bedroom, full bathroom, living area, and in-unit laundry on the main level. Upstairs, a spacious loft-style second bedroom with an additional full bathroom provides added privacy and flexibility. A second-level deck offers additional outdoor living space. Both units feature separate utilities, adding convenience for owners and tenants alike. Ideally located just two minutes from Bonnet Shores, within walking distance to the URI Bay Campus beach, approximately five minutes from Narragansett Town Beach, and a short drive to the University of Rhode Island’s main campus. As a Narragansett property owner, the new owner is eligible to obtain a seasonal parking pass for Narragansett Town Beach. Seller financing may be available to qualified buyers; inquire for details.

Property facts

Property type

Multi Family

Year built

1950

Lot size (acres)

0.152

Total rooms

8

Garage spaces

0

Total parking

6

Annual taxes

$3,844.54

Tax year

2026

County

Washington

Features

Heating

Natural Gas, Forced Air

Cooling

Central Air, Window Unit(s)

Basement

Crawl Space, Bulkhead, Unfinished

Appliances

Electric Water Heater, Gas Water Heater

Interior

Wall (Dry Wall), Wall (Plaster), Insulation (Ceiling)

Laundry

In Unit

Parking

No Garage

Construction

Dry Wall, Plaster, Vinyl Siding

Utilities

Sewer Connected, Water Connected

Sewer

Public Sewer, Public

Water

Common Meter, Municipal, Public

Waterfront

Walk to Salt Water

Community

Golf, Highway Access, Marina, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis

Exterior

Deck, Porch

Location