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Sold for $570,000 on 11/05/24
  • $570,000

    16 Race St, Middletown, RI 02842

    4beds
    1,800sqft
    Multi Family
    Built in 1987
    -- sqft lot
    $593,900 Zestimate®
    $317/sqft
    $3,658 Estimated rent

    What's special

    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!!

    Zillow last checked: 7 hours ago

    Listing updated: November 05, 2024 at 12:25pm

    Listed by:

    Cesar Duarte Patricio 401-301-1123,

    Castle Keep Realty Corp.

    Bought with:

    David Travers, RES.0041167

    Keller Williams Coastal

    Source: StateWide MLS RI,MLS#: 1368847MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Electric, Oil, Baseboard
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Water Heater, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Insulation (Ceiling), Insulation (Floors), Ceiling Fan(s)
    • Flooring: Laminate, Carpet
    • Basement: Full,Interior and Exterior,Unfinished,Storage Space
    • Has fireplace: No
    Interior area
    • Total structure area: 2,700
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage
    Features
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: MIDDM0108BNWL134
    • Zoning: R10
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Clapboard, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Electric: 440+ Volts
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Public School, Restaurants, Schools, Near Shopping
    Location
    • Region: Middletown
    • Subdivision: South Middletown

    HOA & financial

    Other financial information
    • Total actual rent: 2275
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $593,900
    2% more+ $11,878
    With Zillow Showcase(estimated)
    $605,778