16 Race Street, Middletown, Residential Income

Description

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!!