Sold!
$700,000
4
Beds
2
Baths
1,555
Living Area
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Property Description
This is a rare opportunity to own a two unit property on the Middletown/Newport line. This side-by-side duplex offers two, 2 bedroom units, with off street parking on a quiet dead end street. This home is an opportunity for an investor or someone looking to buy on the Island and have some of your mortgage paid by a tenant, giving you the opportunity to have someone else building equity for you. Both units have had light updating in the past four years. Each unit features 4 rooms, full baths, and laundry in units. The property also features a large yard to enjoy outdoor activities and gatherings.
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Highlights
- Cooling: Window Unit(s), Wall Unit(s)
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1954
- Heating: Electric, Hot Water, Oil
- Parking Spots: 4
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 8
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Tile, Vinyl, Vinyl / VCT, Carpet, Varies, Laminate
- Foundation Area: 1440
- Lot Features: Wooded, Cleared, Gentle Sloping
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Partial, Crawl Space
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter
- Interior Features: Ceiling Fan(s), Lead Certification Available, Storage, Bathroom With Tub, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R10
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Public School
- Parking Features: Off Street
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Utilities
- Electric: 150 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $569,600
- Tax Year: 2025
- Total Rent: $2,400
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $6,414
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