New Listing - 09/18/2024
16 Race Street, Middletown, RI, 02842
12 rooms
4 beds
2 Full / 2 Half baths
1987
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!!
Status:
Active
Type:
Multi-family
Laundry Remarks:
In Unit
Units:
2
Zoning:
R10
Subdivision:
South Middletown
Garage:
No Garage
Heating:
Baseboard, Electric, Oil
Cooling:
Window Unit(s)
Basement:
Exterior Entry, Full, Interior Entry, Unfinished
Parking:
4-car
Acreage:
0.11
Est. Taxes:
$5,842
Assessment
$518,800
Construction
Drywall,Clapboard,Vinyl Siding
Utilities
Sewer Connected
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
Appliances:
Electric Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
MLS #:
1368847
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Castle Keep Realty Corp. Phone: 401-846-0386