16 Race ST, Middletown, RI 02842

$599,000  |  4 Bedrooms  |  2/2 Bathrooms  |  2-4 Units Multi Family  |  Side/Side  |  MLS # 1368847

Excellent Investment opportunity!! This beautifully side by side two-family property is now available for sale in Middletown, RI. This property is a quick drive to everything Aquidneck Island has to offer including the Naval War College, Downtown Newport, easy on and off to the Newport Bridge, local shopping areas and restaurants. Each unit is bi-level, provides two bedrooms, one full bathroom, half bathroom and provides access to the basement area which is perfect for any tenants looking to have room for storage. Both units have a designated backyard area perfect for entertaining along with driveways for each unit to park at least two vehicles. There is some cosmetic work needed but overall, the property is in very good shape. Both tenants are currently on month-to-month leases. Please note that the property is being sold “As Is” and has received an independent appraisal in its current condition at $650,000. Come see this property during the open house this Sunday from 2-3:30pm!!

Amenities
Carpeting
Ceiling Fan
Microwave
Oven/Range
Refrigerator
Washer


Location
City Middletown
Historic None
Near Bus, Commuter Bus, Highway Access, Hospital, Interstate, Public School, Restaurants, Schools, Shopping
Interior
Living Area 0 Sq.Ft.
# Rooms 12
Floors Laminate, Wall to Wall Carpet
Insulation Ceiling, Floors
Wall Dry Wall
Hot Water Electric, Oil
Cooling Window Units
Electric 440+ Volts
Basement Access Interior and Exterior
Basement Finish Unfinished
Basement Rooms Storage Area
Basement Type Full
Equipment Carpeting, Ceiling Fan, Microwave, Oven/Range, Refrigerator, Washer
FurnishedNo
Exterior
Exterior Clapboard, Vinyl Siding
Garage Desccription None
Parking Spaces 4
Sewer Connected
Acreage 0.1100
Additional Information
Assessment $518,800
Assessor Lot 134
Assessor Plat 108
Occupancy Close 1-45 Days
Water Supply Connected
Zoning R10

Listing Office: Castle Keep Realty Corp.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2016 State-Wide Multiple Listing Service. All rights reserved.

Information is deemed reliable but is not guaranteed

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.