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43 Ellery Ave, Middletown, RI – $995,000

  • 4 Beds
  • 4 Baths
  • 2,825 Sqft
  • .24 Acres
  • 4 Beds
  • 4 Baths
  • 2,825 Sqft
  • .24 Acres

43 Ellery Ave

Date Sold: April 23rd, 2019

A unique offering on desirable Easton's Point; Turnkey property consisting of five free standing cottages located between First and Second Beaches just off Purgatory Road. Maximize income potential with summer weekly rentals and off season rentals as well. Property includes 43, 45, 47, 49 and 51 Ellery Ave. All are one bedroom cottages with open living areas, granite counters, utilities are separately metered, three have gas heat, two have electric, all have fireplaces except for unit 47. Units 43,45 & 47 sit on lot 215 and 49 & 51 are on lot 216. Seller desires to sell as one package including all furnishings. Summer rent potential could range from $1200-$1500 per week and off season $1,300-$1400 per month. A perfect condo conversion or keep the cash cow and let the money roll in all summer long. ....
Expenses and income are speculative as current owner used property and did not rent consistently.

Essential Information

  • MLS® #1214207
  • Price$995,000
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths4
  • Square Footage2,825
  • Square Footage10454.00
  • Acres0.24
  • Year Built1920
  • TypeResidential Income
  • Sub-TypeMulti Family
  • StyleOther
  • StatusSold

Community Information

  • Address43 Ellery Ave
  • SubdivisionEaston's Point
  • CityMiddletown
  • CountyNewport
  • StateRI
  • Zip Code02842

Amenities

  • UtilitiesWater Connected
  • Parking Spaces12
  • ParkingNone
  • GaragesNone
  • WaterfrontWalk to Water

Interior

  • InteriorCeramic Tile, Laminate
  • Interior FeaturesTub Shower, Fully Furnished
  • CoolingNone
  • BasementNone
  • FireplaceYes
  • # of Fireplaces4
  • # of Stories1

Appliances

Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator

Heating

Baseboard, Electric, Forced Air, Gas

Exterior

  • ExteriorDrywall, Shingle Siding
  • WindowsThermal Windows
  • ConstructionDrywall, Shingle Siding
  • FoundationSlab

Additional Information

  • Date ListedFebruary 1st, 2019
  • Days on Market66
  • HOA Fees0.00

Listing Details

  • OfficeBerkshireHathaway HomeServices
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Listing information last updated on April 2nd, 2020 at 12:16am EDT.