Eco Friendly
Address
20 Middleton Ave Newport, RI
Price
$ 1,300,000
Property Attributes
  • MLS#72835224
  • TypeCommercial
  • CountyNEWPORT
  • CityNewport
  • Zip02840
  • StyleCommercial
  • Year Built1900
  • Taxes$ 8425
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Kyle Costa with Bayshore's Capital and Real Estate, Inc..
Data Source:
Massachusetts MLS Property Info Network (MLSPIN) - 3 - MA
Property Description

Here is a very unique investment opportunity in an exceptional location and well cared for by the current owners of over 22 years! Here is your chance to own a legal 5 unit multifamily home off Memorial Blvd West near Cliff Walk, Easton Beach, Tennis Hall of Fame, Ocean Drive, and downtown all in walking distance and completely occupied. There is immediate potential to expand the off street parking into the back yard huge bonus to this already desirable property. All five units are in good cosmetic condition consisting of a main level 3 bedroom apartment with 4 additional one bedroom apartments on the second and third floors. The hallways leading to the units are nicely maintained. The roof was replaced in June 2002 and most of the windows have been replaced with Harvey windows in June 2006. The exterior could use a repaint (in the works!) vinyl siding if a buyer prefers but so worth the investment potential here. The rents are well below market and great seasonal potential!

Price History
5/20/2021 Listed $1,300,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02840

Price
AVG $1.35M
$1.3M
Taxes
AVG $11,201
$8,425
Visits
AVG 15
54
Year Built
AVG 1913
1900
Walkscore
AVG 85
86
Data Provided by Walkscore ® not using MLS data

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