Property Description
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 and grand fathered short term rental permits! Currently utilized as summer Airbnb rentals and winter leases with strong 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.
Overview
Property Type
Multi-family
Location
17 Warren Avenue, Middletown, RI 02842
Zoning
r-10
MLS ID
1374680
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
6
Flooring
Ceramic Tile, Hardwood
Appliances
Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
Other Interior Features
Stall Shower, Tub Shower
Exterior
Stories
2
Water Source
Public
Parking
No Garage
Heat Type
Electric, Gas, Heat Pump, Hot Water
Air Conditioning
Heat Pump
Sewer
Public Sewer
Substructure
Concrete Perimeter
Other Exterior Features
Porch, Patio
Details
Total Area
3,700 Sq.Ft.
Water Frontage
Walk to Water
Financial
Price
$2,100,000
Real Estate Tax
$17,726/yr
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