222 prospect avenue Middletown, RI 02842

The unique Sea Whale cottages offer an investment opportunity for weekly rentals, a family compound, or owner-occupied property with the ability for good income. The 3 units have seasonal revenues potential from April through October of approximately $6K a week. All cottages have their own utilities, including heat, and may be rented off-season. The property is located one mile from Second Beach. Restaurants and beaches are nearby. The grounds of these cottages are immaculate. Each cottage has its own driveway, picnic table. etc. The property has its own new well that provides water to all units. The 1.86 ac of land has beautiful plantings and grapevines on the parklike grounds. Units are turnkey furnished with stoves, refrigerators, washers, and dryers.The heated garages/workshop provide space for cars, equipment, and winter storage. The nearly 2-acre parcel provides privacy and may offer an opportunity for expansion. A sub-divison may be possible. This property must be seen to be appreciated. The owners have painstakingly cared for it. Pictures tell a thousand words.


Property Details

MLS#
1229625
Type
Multi-Family
County
Newport
Neighborhood
Easton's Point
Year Built
1930
Lot Size
81,022 Sq Ft
Bedrooms
8
Full Baths
3
Taxes
$8,208
Tax Year
2018

Additional Details


Interior


Exterior

Map & Points of Interest


Select a Point of Interest and Radius from the form above.

Middletown

Middletown is aptly named for its location between Portsmouth and Newport. It’s located on Aquidneck Island, and is bounded by three bodies of water, Narragansett Bay on the west, the Sakonnet River on the east, and Rhode Island Sound to the south.


School Information

Similar Properties


The real estate data on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. The 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 deemed reliable but not guaranteed. Copyright© 2019 State-Wide MLS, Inc. All rights reserved. Data last updated 10/18/19.

LISTED BY: LILA DELMAN REAL ESTATE

Statewide MLS
Property Bin