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16 Race Street

Middletown, RI 02842
  • $599,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 1368847
UPDATED: 58 min ago
$599,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 2,700
    SQFT
  • $222
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:
Area:

School Ratings & Info

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!!

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-04T10:37:42.66.
www.krekorianteam.com/homes/155395709
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16 Race Street Middletown, RI 02842

  • Price: $599,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 58 min ago
  • MLS #: 1368847
4
Beds
2
Baths
2
½ Baths
0.11
Acres
2,700
SQFT
$222
$/SQFT
1987
Built
Neighborhood:
South Middletown
County:
Newport
Area:
Middletown
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!!
Exterior Features

Construction Materials Drywall Clapboard Vinyl Siding Covered Spaces 0 Garage YN No Parking Features No Garage Parking Total 4

Interior Features

Appliances Electric Water Heater Microwave Oven Oil Water Heater Range Refrigerator Washer Basement Exterior Entry Full Interior Entry Unfinished Basement YN Yes Cooling Window Unit(s) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Laminate Carpet Heating Baseboard Electric Oil Heating YN Yes Interior Features Tub Shower

Property Features

Community Features Highway Access Near Hospital Near Schools Public Transportation Restaurant Shopping Electric 440 Volts Human Modified YN No Land Lease YN No Laundry Features In Unit New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 5842 Tax Assessed Value 518800 Tax Lot 134 Tax Year 2023 Utilities Sewer Connected Water Source Connected Zoning R10

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Castle Keep Realty Corp.: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-04T10:37:42.66.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882