If you’re an investor looking for a fantastic location in Rhode Island, look no further than this Airbnb for sale. Located close to downtown Newport, King Park, and Salve University, this property is perfectly situated for anyone looking to make a smart investment in the area.
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Featuring an open floor plan, an eat-in kitchen with stainless steel appliances, full laundry facilities, and two bathrooms, this property is perfect for those looking to cater to the needs of guests. The primary bedroom even has sliders that open to the deck, providing an excellent space for relaxation and enjoyment.
With two assigned parking spaces, your guests will never have to worry about finding somewhere to park. Leased from September 1, 2023, to May 31, 2024, the property currently brings in $2400 per month, with tenants responsible for utilities except for water. This makes it an attractive investment for those looking for a steady income stream.
But that’s not all. The property is also available to lease or use this season, from June through August. With a summer lease potential of $10,000 to $15,000, this is a great opportunity to take advantage of the area’s peak season and maximize your earnings.
Overall, this Airbnb for sale in Rhode Island offers a wonderful location, plenty of amenities, and the potential for a steady income stream. So if you’re an investor looking to make a smart investment in this area, be sure to check it out.
26 Narragansett Avenue, Newport, RI 02840