$775,000
SOLD FEB 3, 2021

566 E Main Rd Middletown, RI 02842

5 Beds
3.5 Baths
2,856 Sq Ft
1.18 Acres

Recently Sold

$271 Per Sq Ft

3% Below List Price

122 Days on Market

Highlights

  • 1.18 Acre Lot
  • 1 Fireplace
  • 2 Car Detached Garage
  • Wood Flooring
  • Recreation Facilities
  • Window Unit Cooling System

About This Home

As of February 2021

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!!

Last Agent to Sell the Property

Ben Willett

RE/MAX Results License #REB.0019095 Listed on: 09/03/2020

RE/MAX Results

Last Buyer's Agent

Caroline Richards

Hogan Associates Christie's License #RES.0035858

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 2017

Lot Details

  • 1.18 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,856 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 160
  • Assessor Parcel Number 566570EASTMAINRDMDLT

Community Details

Overview

  • 5 Buildings
  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,911

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 1.18
  • Above Grade Finished Sq Ft: 2856.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2017
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 5
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Central Vacuum
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Septic Tank
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 51401.0
  • Parcel #: 566570EASTMAINRDMDLT
  • Zoning: R20A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6911.0
  • Tax Lot: 160
  • Tax Year: 2018

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Rented $3,100 0.0% --
10/06/2022 10/06/22 For Rent $3,100 0.0% --
02/03/2021 02/03/21 Sold $775,000 -2.5% $271 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
09/03/2020 09/03/20 For Sale $795,000 0.0% $278 / Sq Ft
08/25/2020 08/25/20 Rented $3,100 0.0% --
07/26/2020 07/26/20 Under Contract -- -- --
07/14/2020 07/14/20 For Rent $3,100 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1263504

State-Wide MLS

APN: MIDD M:0113 B:00 L:160A