20 Winnapaug, Westerly, RI, 02891

OWN YOUR MIQUAMICUT BEACH GETAWAY — WITH INCOME POTENTIAL Imagine having your own place in Miquamicut 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. This unique condotel opportunity offers 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 Miquamicut. Four units currently available. Inquire for individual pricing, projected income, expenses, and cap-rate information.

Residential
$306,000
Location
City/TownWesterly
CountyWashington
Community FeaturesBus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area362 sq. ft.
Rooms2
HeatingElectric, Baseboard
CoolingWindow Unit(s)
Interior FeaturesWall (Dry Wall), Plumbing (Mixed)
Additional Information
Tax Assessment$121,900
Exterior
Waterfront FeaturesAccess, Beach, Saltwater View, Walk to Salt Water, Walk To Water
Listed By: Stanton Realty, Inc.

Information is deemed reliable but is not guaranteed.

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. ©2025 State-Wide Multiple Listing Service. All rights reserved.

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