$570,000
$599,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
16 Race ST Middletown, RI 02842
4 Beds
4 Baths
2,700 SqFt
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $211
Subdivision South Middletown
MLS Listing ID 1368847
Sold Date 11/05/24
Bedrooms 4
Full Baths 2
Half Baths 2
HOA Y/N No
Abv Grd Liv Area 2,700
Year Built 1987
Annual Tax Amount $5,842
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
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!!
Location
State RI
County Newport
Community South Middletown
Zoning R10
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Interior Features Tub Shower
Heating Baseboard, Electric, Oil
Cooling Window Unit(s)
Flooring Laminate, Carpet
Fireplace No
Appliance Electric Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
Utilities Available Sewer Connected
Total Parking Spaces 4
Garage No
Building
Sewer Connected
Water Connected
Structure Type Drywall,Clapboard,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 16RACESTMDLT
Financing Conventional
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