Middletown, RI 02842,16 Race ST
Middletown, RI 02842,16 Race ST
Middletown, RI 02842,16 Race ST
$570,000
Est. payment /mo
$599,000
4.8%
Est.Price: ?

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4 Beds
4 Baths
2,700 SqFt
SOLD DATE : 11/05/2024

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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Listed by Castle Keep Realty Corp.
Bought with Keller Williams Coastal

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agent

Eric Chauvin

+1(617) 448-0910

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