15 Black Alder Trail, Narragansett, RI 02874

Property Description

Coastal Home with Proven Rental Income Narragansett Well-maintained 1,724 sq ft coastal home located in Narragansett, approximately half a mile from the community beach. The light-filled interior features an open-concept living and kitchen area with hardwood floors and energy-efficient mini-split heating and cooling. New roof, driveway, and Mini split system installed in 2021, and updated Trex deck in 2024. The main level includes an open Kitchen/Living area, 2 bedrooms and a full bathroom. The lower level offers 2 additional bedrooms, a recreation room, full bathroom, and laundry/utility room, providing flexible living space. Situated on a 5,998 sq ft lot, the property includes access to community amenities such as a beach area, clubhouse, playground, boat launch, and access to the Narrow River for kayaking and boating. The home is connected to town water and sewer and offers both oil hot water heat and mini-split climate control with individual room temperature settings. The property has a strong rental history, generating consistent summer rental income, and currently has a signed lease for the 2026 2027 academic year. Conveniently located approximately 4 miles from Narragansett Town Beach and the Pier and about a 10-minute drive to Newport and Jamestown, offering access to coastal recreation, dining, and shopping. Negotiate buyer closing costs.