43 - 51 Ellery Av

Middletown, RI 02842
  • $1,390,000
  • STATUS: Pending
  • MLS #: 1214207
Pending
UPDATED: 41 min ago
$1,390,000
  • 4
    BEDS
  • 0.24
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,825
    SQFT
  • $492
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

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.

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© 2019 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Welchman Real Estate Group | Keller Williams Realty International Luxury Division are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Welchman Real Estate Group | Keller Williams Realty International Luxury Division. 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. Data last updated: 2019-04-19T10:37:49.237.
www.welchmanrealestate.com/homes/91497750

43 - 51 Ellery Av Middletown, RI 02842

  • Price: $1,390,000
  • Status: Pending
  • Updated: 41 min ago
  • MLS #: 1214207
4
Beds
4
Baths
0
½ Baths
0.24
Acres
2,825
SQFT
$492
$/SQFT
1920
Built
Neighborhood:
Easton's Point
County:
Newport
Area:
Middletown
Property Description
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.
Exterior Features

Exterior Insulated Glass WindowsShinglesStorm Door Foundation Type Slab Garage Description None Onsite Parking Spaces 12 Parking Spaces 12 Type Other Water Amenities Walk To Salt Water

Interior Features

Basement Type None Cooling None Equipment FurnitureMicrowaveOven/RangeRefrigerator Finished Floor CeramicLaminate Fireplace Brick Heating System BaseboardForced Air Hot Water ElectricGasIndividual Insulation Unknown Number Of Fireplaces 4 Number Of Heat Systems 5 Number Of Levels 1 Number Of Rooms 12 Plumbing Mixed Unit Total Bedrooms 4 Unit Total Full Baths 4 Unit Total Half Baths 0 Wall Dry Wall

Property Features

Adult Community YN No Approximate Heat Cost Undetermined Assessment 843100.0000 Certificate Of Legal Use Yes Electric 100 Amps Elevation Certificate No Fire District Tax 0.0000 Green Construction YN No Heat Paid By Mixed Heating Fuel ElectricGas Heating Fuel Usage Unknown Historic None Living Area Source Public Records Near BusPrivate SchoolPublic SchoolRecreational FacilitiesSwimming Occupancy Close 1-45 DaysImmediateNegotiable Other Monthly Rents 0 Owner Annual Expenses 20000.0000 Owner Annual Income 130000 Pl Statement No Real Estate Taxes 11620.0000 Real Estate Taxes Yr 2018 Reo Or Bank Owned No Sewer Connected Short Sale No Subsidized Housing No Time Share YN No Under Construction No Underground Tank Size None Underground Tank Type None Unit Count 4 Unit Total Rent 1300 Water Supply ConnectedIndividual MeterMunicipal

Listing information © 2019 State-Wide Multiple Listing Service.
Listing provided courtesy of Berkshirehathaway Homeservices.





© 2019 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Welchman Real Estate Group | Keller Williams Realty International Luxury Division are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Welchman Real Estate Group | Keller Williams Realty International Luxury Division. 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. Data last updated: 2019-04-19T10:37:49.237.
 
Welchman Real Estate Group | Keller Williams Realty International Luxury Division
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Little Compton RI, 02837