41.526295 -71.30521

20 Donald Drive Middletown, RI 02842

253522000 41.526295 -71.30521 136 /listing/253522000-151034946/20-donald-drive-middletown-ri-02842 False 0 799000.0 105 7 5 1239024 False
  • $799,000
  • 7 bd
  • 5 full ba
  • 0.40 lot
  • Est payment $4289.2/mo

Property & Neighborhood Info

Courtesy Of KELLER WILLIAMS RLTY NEWPORT

Multi-Family in Middletown

INVESTORS TAKE NOTICE of this rare opportunity to own two excellent residential rental properties plus two additional garage rental spots in ideal Middletown location!! Strong rental numbers with projected rents of $70,000 per year and a cap rate of approximately 8%. This unique property includes a 4-bedroom stately colonial home fronting onto a quiet dead end street in Chase Estates as well as a stylish 3-bedroom lofted residence with year round water views fronting onto Chase's Lane. The colonial style home has comfortable layout with kitchen opening into dining room, front-to-back large living room, breezeway to one-car garage and back deck with private back yard. The lofted space has open living area, radiant heating, chef's kitchen, master bedroom with en suite bath and two additional bedrooms and full bath plus large front deck with beautiful sunset views of Narragansett Bay. This property has been extremely well maintained. Two of the three garage bays could be rented separately (third bay being utilized by 3-bedroom loft). Tenants in place and leases run through April 2020.

Courtesy Of KELLER WILLIAMS RLTY NEWPORT
  1. 7 Beds
  2. 5 Full Bath
  3. 0.40 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1960
  • Garage: 3.0
  • Rooms: 12
  • Full Bath: 5
  • County: Newport
  • Taxes: $7,625.00
  • Tax Year: 2019
  • Units: 2
  • Zoning: R10
  • MLS Number:1239024

Additional Features

  • Cooling:
    • CentralAir
  • Flooring:
    • Carpet
    • CeramicTile
    • Hardwood
  • Laundry:
    • InUnit
  • Appliances:
    • Dishwasher
    • Dryer
    • GasWaterHeater
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Washer
    • WaterHeater
  • Fireplace:
    • Y
  • Attached Garage:
    • Y
  • Building Square Feet:
    • 7824
  • Construction:
    • WoodSiding
  • Garage:
    • Y
  • New Construction:
    • N
  • Property Subtype:
    • MultiFamily
  • View:
    • Water
    • Y
  • Basement:
    • ExteriorEntry
    • Full
    • InteriorEntry
    • PartiallyFinished
  • Foundation:
    • Slab
  • Exterior:
    • PavedDriveway
  • Lot Description:
    • CornerLot
    • CulDeSac
  • Parking:
    • Attached
    • Deck
    • Garage
  • Electric:
    • Item200AmpService
  • Heating:
    • Baseboard
    • ForcedAir
    • Gas
    • HotWater
    • Oil
  • Sewer:
    • Connected
    • PublicSewer
  • Community Features:
    • Golf
    • HighwayAccess
    • Marina
    • NearHospital
    • NearSchools
    • PublicTransportation
    • RecreationArea
    • Shopping
    • TennisCourts
  • Number of Buildings:
    • 2
  • Water:
    • Connected
    • Public
  • Sign:
    • true
  • Tenant Pays:
    • HotWater
  • Covered Spaces:
    • 3
  • Fireplaces Total:
    • 1
  • Listing Type:
    • ExclusiveRightToSell
  • Listing Key:
    • 361706027
  • Listing URL:
    • https://www.riliving.com/MLS-1239024/
  • Operating Expense:
    • 5000
  • Parcel Number:
    • 2022DONALDDRMDLT
  • Possession:
    • Negotiable
  • SQFT Source:
    • PublicRecords
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Homistic Real Estate, Inc.
Homistic Real Estate, Inc.
(401) 432-7227
681 Park Ave. Suite 23 Cranston RI 02910
no name available Homistic Real Estate, Inc.
Let us help you!
41.526295 -71.30521

20 Donald Drive Middletown, RI 02842

253522000 41.526295 -71.30521 136 /listing/253522000-151034946/20-donald-drive-middletown-ri-02842 False 0 799000.0 105 7 5 1239024 False
  • $799,000
  • 7 bd
  • 5 full ba
  • 0.40 lot
  • Est payment $4289.2/mo