USARIWesterlyMisquamicutB6-20 Winnipaug Road

B6-20 Winnipaug Road, Westerly, RI

Name: B6 - 20 Winnipaug Road, For Sale in Westerly - Zoocasa
Brand: Stanton Realty, Inc.
SKU: 1421672
Price: 299000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$299,000

112

MLS® 1421672

Overview

Key Facts

Type Condominium

Levels Residential

Size 314 sqft

Garage

Maintenance Fees $306

Taxes $853

Days Active 1

Approx. Age 1940

Avg. Price Per Sqft $952

MLS® Number 1421672

Property Address: b6-20 Winnipaug Road, Westerly, RI, 02891

Average square foot calculated using Size range provided by listing agent.

Description

OWN YOUR MISQUAMICUT BEACH GETAWAY WITH INCOME POTENTIAL Imagine having your own place in Misquamicut where you can spend summer weekends at the beach, walk to nearby restaurants, enjoy your own assigned parking, and still have the ability to generate rental income when you're not using it. Unit B6 is a unique condotel opportunity, offering the best of both worlds: a personal coastal retreat and an income-producing investment. Located within an easy walk of the beach, these residences offer beach parking and access rights, two assigned parking spaces, and trash included with MFD taxes. For the investment-minded buyer, projected cap rates exceed 10% on the four units currently available, providing an opportunity to enter the Misquamicut vacation market at an attractive price point. Buyers can choose the unit that best fits their goals or explore the opportunity to acquire multiple units. Whether you're looking for a summer getaway, a second home that helps offset its own expenses, or a dedicated vacation-rental investment, this is an opportunity to own in one of Westerly's most recognizable beach destinations. Walk to the beach. Walk to restaurants. Park at the beach. Generate income. Enjoy Misquamicut. Four units currently available. Inquire for individual pricing, projected income, expenses, and cap-rate information.

MLS® Number1421672

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1940

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatBaseboard, Electric

A/CWindow Units

Extras

Map

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