200 Clarke Road Narragansett RI Condo for Sale

200 Clarke Road Narragansett Affordable Condo For Sale

Narragansett Affordable Housing Clarke Point Condo Unit #208

 
When you live close to the Atlantic Ocean the smell of the salt air flows through to your senses and relaxes all to enjoy the sun, sand and surf.  A quarter mile walk to Scarborough beach is where this Affordable Clarke Point Condo complex resides just off Point Judith Road in Narragansett RI real estate.  This Narragansett condo unit is a one bedroom, one bath condo with appliances, must be owner occupied, no more than 2 people living in it and is not age restricted.  This Clarke Point condo complex has nice grounds, an outside area to enjoy and ownership requires meeting Federal HUD guidelines on income.  All buyers must also besides having an accepted offer be qualified through Narragansett Affordable Housing Corporation.

The Clarke Point condo unit for sale is number 208 and the complex has an elevator  to get to the second floor.  There is a living room, eating area, kitchen with refrigerator, dishwasher and stove/oven.  Also, there is a washer and dryer in the  three room condo unit of nearly 800 square feet..  The condo is priced at $204,225 and that is the selling price for the unit.  Real estate taxes are $1117 a year and monthly condo fees are $355 monthly.  The condo fee includes grounds maintenance, unassigned parking,, refuse removal,sewage disposal, snow removal and water.  A wonderful location in RI coastal real estate to live and enjoy in.  Besides the beach, ocean and sand location you are close to town, restaurants, shopping and highway.

Buyers must be income qualified based on earning 80% or below of the area median income based on HUD guidelines for 1-2 people.  After an offer is accepted by the Seller, the Buyer must do all paperwork required and be approved by Narragansett Affordable Housing Corporation.  The current Federal income limits are for one person $64,050 and for two persons $73,200  to purchase this condo unit.

Another restriction is that you can Not own any other property to purchase this condo.

This condo unit will be available to be viewed by qualified buyers on February 21st at the Open House.  Please reach out to me, Ginny Gorman, Realtor to discuss your needs and to see the condo at RiByTheBay@gmail.com.