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566 - 570 East Main Road Middletown

$775,000
5 3.1 2,856 sq ft

The Property

Unique owner occupied or investment opportunity! Two beautiful, single family homes with two detached garages and a large shed on 1.18 acres. Centrally located on Aquidneck Island quickly access great schools, shopping, wedding venues, wineries, athletic fields, beaches, and downtown Newport. The front house was recently built in 2017 with approximately 1,800 square feet, 3 bedrooms 2.5 bathrooms and central air. The 1st floor consists of an open floor plan between the large eat in kitchen with a generous granite center island and the expansive living room with hardwood floors and a half bathroom.

The second floor includes a full bathroom, laundry hookups, 2 guest bedrooms and a large master suite. The master features a walk-in closet and large bathroom with a granite double vanity. Other features include a walk out deck off the kitchen, fenced in area for pets and an 884 square foot garage with a loft. The basement is unfinished but allows for expansion opportunity or great storage space. This unit is rented for $3,100 a month through October 2021. The rear building is a 2-bedroom, 1-bathroom single level home with a detached garage and hardwood floors. The washer and dryer are in the large and dry unfinished basement. This home has lots of character and privacy and has been well maintained over the years. This unit is also rented through October 2021 for $2,200. Both dwellings are equipped with business quality wifi. Many Possibilities including Air BnB!!

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Listing Details

MLS Number

1263504

Lot Size:

1.18 acres

Features

  • Basement: Full
  • Vinyl Siding
  • Heating: Baseboard, Forced Air
  • Heating Fuel: Gas,Oil
  • Garage: Detached
  • Laundry
  • Type: Other
  • Year Built: 2017

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Market Trends for Multi Family Homes
in Middletown

  • Overview
    Homes for Sale Today2-93.9% decrease in inventory
    New on Market *1100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$544.18$141 increase in List Price/Sq.Ft.
    Avg. Sale Price *$850,000$850,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *89.17%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$256.51$257 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *115115 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by KELLER WILLIAMS RLTY NEWPORT

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