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Key Details
Sold Price $1,031,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 2,301 sqft
Price per Sqft $448
Subdivision Pier Market Place
MLS Listing ID 1332740
Sold Date 06/23/23
Bedrooms 3
Full Baths 2
Half Baths 2
HOA Fees $880/mo
HOA Y/N No
Abv Grd Liv Area 2,301
Year Built 1984
Annual Tax Amount $7,266
Tax Year 2023
Property Description
In the heart of Narragansett Pier, this unique offering is for a buyer who values a combination of show-stopping oceanfront living and income potential. The property comprises two units consisting of retail space on the ground floor and a 3-level townhouse above. The condominium, occupying the 2nd, 3rd, and 4th floors, boast unobstructed views of Narragansett Beach, the Atlantic Ocean, and Memorial Square Park. The 2nd level is comfortable yet large enough for entertaining with a functional kitchen with granite countertops and ample storage, a 1/2 bath, open concept living/dining area, and a sizable deck overlooking the water. Proceeding upstairs to the 3rd level, you will find two bedrooms with a large shared full bath in between, in-unit laundry, and a 2nd deck with more picturesque views. The 4th level consists of a 3rd bedroom with its own full bath, vaulted ceilings, 2 closets, and more amazing ocean views! The ground level retail storefront is a versatile bonus, as it can be used as a live/work space, or leased with an annual income potential exceeding $17,000 per year! The storefront has ample parking, a 1/2 bath, and access to the basement for additional storage. Two reserved parking spots convey with the property. Town residents are eligible to obtain a beach pass. Enjoy the coastal lifestyle as you walk to the beach, numerous shops, restaurants, and other attractions in the bustling Pier neighborhood, all of which make this opportunity truly special.
Location
State RI
County Washington
Community Pier Market Place
Zoning UR
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Tub Shower
Heating Electric, Forced Air
Cooling Window Unit(s), Central Air
Flooring Carpet, Ceramic Tile, Laminate
Fireplaces Type None
Fireplace No
Appliance Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony, Deck, Paved Driveway
Community Features Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
Utilities Available Sewer Connected
Amenities Available Maintenance
Waterfront Description Beach Access,Water Access,Walk to Water
View Y/N Yes
View Saltwater, Water
Porch Balcony, Deck
Total Parking Spaces 2
Garage No
Building
Lot Description Paved
Story 4
Foundation Concrete Perimeter
Sewer Connected
Water Connected, Multiple Meters
Level or Stories 4
Structure Type Drywall,Vinyl Siding
New Construction No
Others
Pets Allowed Cats OK, Dogs OK, Size Limit, Yes
HOA Fee Include Maintenance Grounds,Parking,Snow Removal,Trash
Senior Community No
Tax ID 34PIERMARKETPLACEANARR
Financing Conventional
Pets Allowed Cats OK, Dogs OK, Size Limit, Yes
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