Pending

16 Race Street

Middletown RI, 02842

$599,000


$221.85 per sqft

Pending

4 Beds

4 Baths

2,700 sqft

Multi-family

Built in 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!!

1368847

MLS ID

September 18, 2024

Listed

October 8, 2024

Updated

Map

16 Race Street
Middletown RI, 02842

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

2


Half Bathrooms

2


Interior Features

Tub Shower


Appliances

Electric Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer


Laundry Description

In Unit


Floor Description

Laminate, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Baseboard, Electric, Oil

Exterior/Building Features

Lot Size

0.11 Acres


Sewer

Connected

Other Property Details

Taxes

$5,842


Tax Frequency

Annually


Days on Market

19


Garage

No


Parking

No Garage


Parking Total

4


View

No


County

Newport


Water Source

Connected


Pool

No


Zoning

R10

Listing History

Date

Event

Price

10/7/2024

Pending

 

Courtesy of Castle Keep Realty Corp.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 9:57 AM UTC, 10/8/2024.

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