247 West Main RD Middletown, RI 02842
5 Beds
4 Baths
2,858 SqFt
Open House
Sun Aug 02, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,858 sqft
Price per Sqft $437
Subdivision Two Mile Corner
MLS Listing ID 1418571
Style Side By Side
Bedrooms 5
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,858
Year Built 1945
Annual Tax Amount $10,178
Tax Year 2025
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Multi Family
Property Description
Ideal for year-round rentals, furnished seasonal rentals, or short-term vacation rentals where permitted by local regulations. The prime location, just minutes from Newport, area beaches, shopping, restaurants, marinas, and Naval Station Newport, provides strong rental demand throughout the year.
The property also presents an excellent opportunity for a primary residence with supplemental income or future redevelopment potential, subject to municipal approvals. Rarely do three adjacent properties become available as a single offering, creating possibilities for investors, developers, and owner-occupants alike.
A truly unique opportunity to own a versatile income-producing property on Aquidneck Island with exceptional long-term appreciation potential.
This single-family property is set back from road with a delightful private yard and mature shrubbery. The spacious 2 car garage and plenty of parking add exceptional value.
House and duplex are also being listed separately, please see MLS #s 1418769 and 1418643.
Location
State RI
County Newport
Community Two Mile Corner
Zoning OBA
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Attic, Stall Shower, Tub Shower, Cable TV
Heating Hot Water, Oil
Cooling None
Flooring Carpet, Ceramic Tile, Hardwood, Marble, Vinyl
Fireplaces Number 2
Fireplaces Type Masonry, Marble, Tile
Inclusions Seller's Lead Disclosure
Fireplace Yes
Window Features Storm Window(s)
Appliance Dishwasher, Electric Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Washer
Laundry Common Area
Exterior
Exterior Feature Deck, Paved Driveway
Parking Features Detached
Garage Spaces 2.0
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s), Sidewalks
Utilities Available Sewer Available, Sewer Connected, Water Available
Porch Deck, Porch, Screened
Total Parking Spaces 14
Garage Yes
Building
Story One
Foundation Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Public
Architectural Style Side By Side
Level or Stories One
Structure Type Drywall,Brick,Masonry,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 247249WESTMAINRDMDLT