1 Shangri-La, Middletown, RI, 02842

Completely renovated from top to bottom, this impressive side-by-side duplex offers a perfect balance of modern design, comfort, and versatility—ideal for both owner-occupants and savvy investors alike. Ideally located just off Boulevard, less than 3 miles from First and Second Beach and only 1 mile from downtown Newport, it’s a rare opportunity to own a fully updated property in one of Aquidneck Island’s most desirable coastal neighborhoods. Each townhouse-style unit features two spacious bedrooms and one full bath, with open-concept layouts and brand-new full kitchens showcasing modern cabinetry, countertops, appliances, and lighting. Every surface has been refreshed with refinished hardwood floors, updated electrical and LED fixtures, and energy-efficient mini-split systems for year-round comfort. The improvements extend to the exterior with a new front façade, new interior and exterior doors, new walkways, new entry lighting, and fresh landscaping that enhance the home’s curb appeal. Each unit also includes private patios, in-unit laundry, and full dry basements offering ample storage space. Set on a generous corner lot, the property provides off-street parking for up to five vehicles and a spacious backyard perfect for entertaining or relaxing outdoors. Move-in ready and minutes from beaches, shops, restaurants, and downtown Newport, this turnkey duplex delivers it all—modern living, prime location, and excellent investment potential

Residential Income
$895,000
Location
City/TownMiddletown
CountyNewport
Community FeaturesBus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area2,655 sq. ft.
Rooms10
HeatingElectric, Natural Gas, Baseboard
Interior FeaturesWall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
Additional Information
Tax Assessment$264,500
ZoningR10
Exterior
Acreage0.15
Listed By: Residential Properties Ltd.

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