Courtesy: Hogan Associates Christie's
401-845-9500
Prime Investment Opportunity Three Single-Family Homes on One Lot in Middletown, RI! Nestled just minutes from Newport and the beautiful beaches, this unique property offers three single-family homes on one lot, providing endless possibilities! Currently utilized as summer Airbnb rentals and winter leases with substantial income on the back two houses, this versatile setup is ideal for a variety of uses whether you're looking for an income-producing property, a family compound, or an owner-occupied residence with additional rental income. Each home boasts its own charm, offering comfortable living spaces, amenities, and plenty of privacy. The front house was built in 2020 with upscale finishes (which has not been rented). Great opportunity in a vibrant neighborhood.
Courtesy: Castle Keep Realty Corp.
401-846-0386
Excellent Investment opportunity!! This beautifully side by side two-family property is now available for sale in Middletown, RI. This property is a quick drive to everything Aquidneck Island has to offer including the Naval War College, Downtown Newport, easy on and off to the Newport Bridge, local shopping areas and restaurants. Each unit is bi-level, provides two bedrooms, one full bathroom, half bathroom and provides access to the basement area which is perfect for any tenants looking to have room for storage. Both units have a designated backyard area perfect for entertaining along with driveways for each unit to park at least two vehicles. There is some cosmetic work needed but overall, the property is in very good shape. Both tenants are currently on month-to-month leases. Please note that the property is being sold "As Is" and has received an independent appraisal in its current condition at $650,000. Come see this property during the open house this Sunday from 2-3:30pm!!
Courtesy: Teri Degnan RE & Consulting
401-619-8222
ATTENTION BUYERS - Beautiful fully remodeled and upgraded multi family within walking distance to the beach! Remodeled with brand new bathrooms, kitchens, floors and furniture. High end amenities including Casper Mattresses, TV's in each room, full kitchen. Full 2nd and 3rd floor apartment, with backyard and parking for at least 4 cars. Currently seasonally rented by students during the school year and summer shorter term tenants. Being sold fully furnished and completely turnkey. First floor is rented for 2024/2025 school year.
Courtesy: William Raveis Inspire
401-846-3800
Discover a rare gem with this legal two-family home, with an additional grandfathered in-law apartment. Spanning over 3,500 square feet of above grade living area, this property offers ample living space with seven bedrooms and three bathrooms. Ideal for a summer getaway or year-round living, it also presents great income potential. Enjoy the convenience of plenty of parking and the proximity to St. George's School and beautiful nearby beaches. Whether you're looking for a spacious family retreat or a lucrative investment, this home is the perfect blend of comfort and opportunity.
Courtesy: Lila Delman Compass
401-848-2101
Step into the timeless charm of Beachstone at 14 Kay Boulevard! This cherished family home, dating back to 1917, is hitting the market for the first time in over five decades. Spanning a generous 7,000 sq. feet on an approx. 15,000 sq. foot lot, Beachstone boasts beautiful woodwork, high ceilings & original details that add to its charming character. While officially listed as a 6-bed, 3.5-bath in the main residence, there are bonus rooms on 3rd floor that can easily serve as add'l bedrooms, along with a legal 500 s/f apartment above the 1-car garage. A true 2-Family, Beachstone still feels like a single-family home, with the separate garage apt. offering a variety of potential rental income. Live in the Big house & do weekly rentals in the apt. in the Summer or live in apt. & rent the Big house! Outside, you'll find a spacious yard & deck perfect for outdoor gatherings and plenty of parking. With a newer roof (3yr) & unfinished basement, this home provides a solid foundation for future improvements. It's been well-cared for over the years, boasting sturdy bones & offering a blank canvas for potential upgrades & cosmetic tweaks. Don't miss out on the chance to call this historic gem your own & create new memories within its timeless walls. With a little creativity, this special property can easily be brought back to its vibrant self, offering an exciting opportunity for its next owner. Discover the endless possibilities that await at Beloved Beachstone! See S/F MLS #1365817
Courtesy: Century 21 Topsail Realty
401-683-4900
Rare opportunity to own a 2 family home in Eastons Point neighborhood. Enjoy great space in the main house, featuring open kitchen/dining area with granite counter tops and vaulted ceilings. Lower level has nice additional living space, workshop and utility area. House could use some updating/finishing but would be well worth the investment. Attached one bedroom apartment would be a great income opportunity. 2nd floor features approximately 1000 square feet of unfinished space that could be incorporated into either unit. Close to Eastons Beach and some great Middletown restaurants! Please review floor plans for specific square footage.
Middletown is located in Rhode Island. Middletown, Rhode Island has a population of 16,100. Middletown is more family-centric than the surrounding county with 29.4% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Middletown, Rhode Island is $65,799. The median household income for the surrounding county is $75,463 compared to the national median of $57,652. The median age of people living in Middletown is 42.8 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 49.8 inches per year, with 25.4 inches of snow per year.
