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281 Riverside Dr, Tiverton, RI – $660,000

  • $660k Price
  • 1,131 Sqft
  • .06 Acres
  • 10 DOM
  • $660k Price
  • 1,131 Sqft
  • .06 Acres
  • 10 DOM

281 Riverside Dr

Stunning waterfront cottage, completely renovated with beautiful water views from nearly every room. Currently managed as a short term rental with a net income of $55,000 after all expenses and management fee. Current operator willing to continue management of property for new owner. Fantastic opportunity to utilize waterfront cottage and generate income when not in use. Property provides direct access to the Sakonnet River for swimming, kayaking or paddle boarding. Coastal inspired renovation and thoughtful design offer unobstructed westerly views and spectacular sunsets. The kitchen boasts beautiful cabinetry, Viking stainless appliances and butcher block counter tops. New windows throughout, built-ins for storage, gas fireplace, hardwood flooring and wood details all while maintaining the original character of this summer cottage. Other features include on-demand heat/hot water system, radiant heat throughout and septic system. This is a truly unique, turnkey and income producing property.

Essential Information

  • MLS® #1244242
  • Price$660,000
  • Bathrooms0.00
  • Square Footage1,131
  • Acres0.06
  • Year Built1894
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StyleCabin/Cottage
  • StatusActive
  • HOA Dues0.00

Community Information

  • Address281 Riverside Dr
  • SubdivisionRiverside / Sakonnet River
  • CityTiverton
  • CountyNewport
  • StateRI
  • Zip Code02878

Amenities

  • Parking Spaces1

Interior

  • HeatingRadiant
  • CoolingNone, Wall/Window Unit(s)
  • # of Stories2
  • Stories2

Exterior

  • FoundationPillar/Post/Pier

Additional Information

  • Date ListedJanuary 7th, 2020
  • Days on Market10
  • ZoningGC

Listing Details

  • OfficeGustave White Sotheby's Realty
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Gustave White Sotheby's Realty.

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.Information is deemed reliable but is not guaranteed. © 2020 State-Wide Multiple Listing Service. All rights reserved.

Listing information last updated on April 8th, 2020 at 5:03pm EDT.