10 Melville, Narragansett, RI, 02882

Discover coastal living and proven rental income at 10 Melville Lane. Set within the desirable Eastward Look neighborhood, this spacious Raised Ranch offers 5 bedrooms, 3 full bathrooms, and 1,874sf +/- of comfortable living space. The flexible layout accommodates family, guests, or renters with ease. On the main level, experience a light-filled open floor plan across kitchen, living, and dining space. Down the hall, find 3 generously sized bedrooms, including the primary with ensuite bath. The lower level features 2 additional bedrooms and 1 full bath. Enjoy the upper deck overlooking a spacious, private backyard, perfect for outdoor entertaining. An outdoor shower makes rinsing off sandy feet effortless, and the attached 2 car garage plus ample off-street parking creates convenience and storage. Ideally located walking distance to Scarborough State Beach and neighborhood tennis & basketball courts, this property embraces the Narragansett lifestyle. Generating $64,646 in gross income in 2026 ($28,646 Summer,$36,000 Academic), continue its established rental success or make modern enhancements to unlock even greater return. Capital Improvements: Rheem heating system(2020),replacement roof (2021),and updated vinyl siding. Whether you’re seeking an established year-round rental income generator or a Summer escape by the beach with income that offsets ownership costs, 10 Melville is an opportunity you don’t want to miss. *Gross rental income history, 2025:$62,615, 2024:$62,734

Residential
$1,025,000
Location
City/TownNarragansett
CountyWashington
Community FeaturesRecreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area1,874 sq. ft.
Rooms9
HeatingNatural Gas, Baseboard
CoolingNone
Interior FeaturesWall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
Additional Information
Tax Assessment$711,300
Exterior
Acreage0.23
Exterior FeaturesDeck
Waterfront FeaturesWalk To Water
Listed By: Flagship Real Estate Advisors

Information is deemed reliable but is not guaranteed.

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