Rare opportunity in the Easton's Point neighborhood to own a legally zoned 2 family currently operating as a profitable Air B n B with incredible earnings history. Earnings statements available upon request. The entire property has been newly renovated and will be sold turn key with all of the furnishings. The home has a versatile layout with 5+ bedrooms and 3 baths on 2 levels and the ability to use as 2 separate units or 1 unit combined. This home features an open floor plan on the first level living/dining, kitchen, 2 + bedrooms and 2 baths. On the second level you will find a large, open kitchen/ living and dining area and a full bath. Spectacular ocean views of Easton's Beach from the deck. Plenty of space to enjoy sunrises and sunsets, a morning cup of coffee or an evening beverage. Enjoy being minutes from the beach and local restaurants to grab a quick bite. Kitchens are light and bright and feature shaker style white cabinets, stainless appliances and granite countertops. The bathrooms have tiles showers and floors. The second level vanity has double sinks. About a 5 minute Uber ride to downtown Newport. Newer roof, siding, windows, and gas heating system. Make this property your next home or investment and love where you live!
Sold for $1,345,000 on 12/19/24
$1,345,000
169 Aquidneck Ave, Middletown, RI 02842
5beds
2,640sqft
Multi Family
Built in 1936
-- sqft lot
$1,376,300 Zestimate®
$509/sqft
$3,257 Estimated rent
Home value
$1,376,300
$1.13M - $1.68M
$3,257/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 20, 2024 at 11:43am
Listed by:
Karen Dill 401-741-2541,
Homes By Connect
Bought with:
Demetrios Salpoglou, REB.0018027
Jacob Realty
Source: StateWide MLS RI,MLS#: 1362959
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Gas Connected, Zoned
Cooling
- Ductless, Wall Unit(s)
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Wall (Plaster), Cathedral Ceiling(s), Skylight, Stairs, Plumbing (Copper), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Other, Vinyl
- Windows: Skylight(s)
- Basement: Partial,Interior and Exterior,Unfinished,Utility
- Has fireplace: No
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
Property
Parking
- Total spaces: 5
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Walk to Salt Water
Lot
- Size: 5,662 sqft
Details
- Parcel number: MIDDM0115BSEL16
- Zoning: R10A
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Shingles, Wood
- Foundation: Concrete Perimeter, Slab, Stone, Unknown
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Golf, Hospital, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Middletown
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2024 | Sold | $1,345,000-7.2%$509/sqft |
Source:  StateWide MLS RI #1362959 | ||
| 10/24/2024 | Pending sale | $1,450,000$549/sqft |
Source: StateWide MLS RI #1362959 | ||
| 10/7/2024 | Contingent | $1,450,000$549/sqft |
Source: StateWide MLS RI #1362959 | ||
| 10/2/2024 | Listed for sale | $1,450,000$549/sqft |
Source: StateWide MLS RI #1362959 | ||
| 9/19/2024 | Pending sale | $1,450,000$549/sqft |
Source: StateWide MLS RI #1362959 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,965 | $973,800 |
| 2024 | $10,965 +57.4% | $973,800 +68% |
| 2023 | $6,967 | $579,600 |
Find assessor info on the county website
Neighborhood: 02842
Nearby schools
GreatSchools rating
- 6/10Aquidneck SchoolGrades: PK-3Distance: 0.2 mi
- 8/10Joseph H. Gaudet SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Middletown High SchoolGrades: 9-12Distance: 1.6 mi
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$1,376,300
2% more+ $27,526
With Zillow Showcase(estimated)
$1,403,826