190 Clarke Road Narragansett Affordable Condo For Sale
Narragansett Clarke Pointe Condominium Awaits Qualified Buyer – Unit 102
When you live close to the Atlantic Ocean the smell of the salt air flows hits you. A quarter mile walk to Scarborough beach is where this Affordable Clarke Pointe Condo complex resides in Narragansett RI real estate. This Narragansett condo unit for sale is a two bedroom, one bath condo with appliances, must be owner occupied, no more than 2 people living in it. It is Age restricted (55 years old or older). This Clarke Point condo complex has spacious grounds and an outside area to enjoy. Ownership requires meeting Federal HUD guidelines on income. All buyers must also,having an accepted offer, be qualified by the Affordable Housing Corporation to purchase this unit.
The Clarke Pointe condo unit for sale is number 102 and this complex has no elevator. This is a first floor unit though. There is a living room, dining area to an open kitchen with appliances. Also, there is a washer and dryer in the condo unit of nearly 1100 square feet.. The condo is priced at $236,955 and that is the selling price for the unit As Is. Real estate taxes are at present $1291 a year and monthly condo fees are $355. 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. With an offer accepted by the Seller, the Buyer must do all HUD paperwork required, submitted to the Seller and be approved by the Housing Corporation. The current Federal income limits are for one person $61,800 and for two persons $71,800 to purchase this 2 bedroom condo unit.
**Another restriction is that you can Not own any other property to purchase this condo. Call Ginny Gorman to receive Housing Authority Paperwork to be completed when submitting a RI Sales Agreement.**
This 2 bedroom condo unit will be available to be viewed by qualified buyers only. Please reach out to me, Ginny Gorman, Realtor in Rhode Island to discuss your needs and to see the condo at RiBytheBay@gmail.com.
