If you have been searching for the perfect investment property or a place to call home in Rhode Island, look no further. This amazing property located in the Traditional Village District of Charlestown offers a unique opportunity for investors, entrepreneurs, or those seeking a relaxing getaway.
Situated in a picturesque location, this property features a two-bedroom cottage and a former boutique cottage that has hosted various businesses throughout its history. The main cottage was rebuilt from the ground up in 2013, offering a modern open floor plan with cathedral ceilings, granite counters, hardwood floors, a fireplace, and central air. Whether you are looking for a year-round home or a tranquil vacation cottage, this property has it all.
Currently, the two-bedroom cottage is rented on a month-to-month basis for $1750 per month, with the tenant responsible for all utilities. This provides a steady income stream for investors while offering flexibility for future plans. The cottage is impeccably maintained and offers all the modern amenities one could desire.
The second cottage is full of charm and character, having served as The Blue Parrot Tea Room in 1850 and more recently as the Pink Pelican Boutique. Its cathedral ceilings, exposed beams, stained glass window, and original hardwood floors give it a unique appeal. This cottage features electric heating and a wood stove for supplemental heat. With a half bath and kitchenette, there is potential to expand and create a possible one-bedroom cottage.
Both buildings share a three-bedroom septic system, ensuring efficiency and convenience. Additionally, nature lovers will appreciate the tranquil view of Perry Pond from the backyard, as the property boasts 95 feet of pond frontage. Imagine waking up to the peaceful sounds of nature and enjoying a cup of coffee while admiring the serene surroundings.
The location of this property is another major highlight. With two ocean beaches and multiple popular restaurants just minutes away, residents and visitors alike can immerse themselves in the vibrant community of Charlestown. Whether you want to spend your days exploring the nearby beaches, indulging in delicious cuisine, or simply unwinding in the peacefulness of nature, this property offers it all.
For those with entrepreneurial aspirations, this property is also listed as commercial, presenting an opportunity to create a unique business in a prime location. The history of the second cottage as a boutique and tea room adds to its allure and potential for a successful venture.
In conclusion, this Rhode Island investment property for sale in Charlestown is a remarkable opportunity to own a piece of history and create a fulfilling lifestyle. Whether you’re looking to invest, start a business, or find a tranquil retreat, this property offers endless possibilities. Don’t miss out on being a part of this vibrant community and all it has to offer.
4210 Old Post Road, Charlestown, RI 02813