Exceptional investment and lifestyle opportunity in a prime Middletown locationâjust over a mile to the beach and an easy walk to vibrant Broadway. This well-maintained duplex features two 2-bedroom, 1-bath townhouse-style units, offering flexibility for investors and owner-occupants alike. One unit is a grandfathered, registered short-term rentalâa rare and highly desirable asset in Middletownâideal for Airbnb/VRBO income. This unit will convey fully furnished and equipped as pictured, right down to the fully stocked âownerâs closet.â The second unit will be delivered vacant, providing the perfect setup for an owner-occupant, long-term tenant, or seasonal rental. Both units have been thoughtfully updated with newly remodeled kitchens featuring stainless steel appliances and butcher block countertops, along with recently renovated bathrooms. Additional recent upgrades include new exterior doors/ storm doors and replacement windows by Renewal by Andersen, new insulation in walls and attic (2024), a new hot water heater, and a new 6â privacy fence that creates separate backyard spaces for each unit. Additional highlights include handsome bluestone front steps, full unfinished basements with in-unit laundry, off-street tandem parking for each unit, and a strong rental history. **Highest and best offers due by 6 PM on Monday, March 30th.**
| Location | |
|---|---|
| City/Town | Middletown |
| County | Newport |
| Community Features | Bus, Hospital, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
| Interior | |
|---|---|
| Living Area | 1,728 sq. ft. |
| Rooms | 12 |
| Heating | Natural Gas, Forced Air |
| Cooling | Window Unit(s) |
| Interior Features | Wall (Dry Wall), Wall (Paneled), Attic, Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PEX), Insulation (Ceiling), Insulation (Floors), Insulation (Walls) |
| Additional Information | |
|---|---|
| Tax Assessment | $583,500 |
| Exterior | |
|---|---|
| Acreage | 0.16 |
Information is deemed reliable but is not guaranteed.
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