Water Views - Lease to Own
Address
31 Briarwood Avenue, Middletown, RI
Price
$ 2,195,000
Property Attributes
  • MLS#1349203
  • TypeContingent
  • CountyNEWPORT
  • CityMiddletown
  • NeighborhoodEastons Beach
  • Zip02842
  • StyleMultiFamily
  • Year Built1988
  • Taxes$ 11718
  • Price$ 2,195,000
  • Bedrooms9
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage4854
  • Lot Size0.3329 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Price Reduced! This unique turn-key duplex in Middletown is just minutes from Easton's Beach. It is a well-maintained, spacious, bright, and updated property that can be used as an investment opportunity or a family compound. Unit 1 has 5 bedrooms and 2.5 baths, while Unit 2 has 4 bedrooms, including one with a walk-through double room, and 2 full baths. Unit 2 has a deck off the Master bedroom on the second floor with views of the beach. Both units feature laundry areas on the main floor and on-site parking for at least nine vehicles. With plenty of outdoor yard space available, there is great potential for additional decks, landscaping, and gardens. This property is worth a look!

Price History
12/6/2023 Listed $2,250,000
3/22/2024 12% - $1,995,000

General Features

Interior Features TubShower,Furnished
Sewer PublicSewer
Heating Baseboard,Gas,HotWater
Cooling WallUnits
Possession RentalAgreement
Appliances Dryer,Dishwasher,ExhaustFan,GasWaterHeater,Microwave,Refrigerator,RangeHood,Washer
Exterior Features Balcony,Deck
Zoning R-10
Garage Spaces 0.0
Patio/Porch Features Balcony,Deck
Construction Materials Drywall,Clapboard,VinylSiding
Year Built 1988
Electric Item200AmpService
View Saltwater,Water
Property SubType MultiFamily
Tax Year 2022
Waterfront Features BeachAccess,WalktoWater
Community Features NearSchools,RecreationArea,Restaurant,Shopping
County Newport
Operating Expense 48000.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Contingency Inspection Period
Subdivision Name Easton's Beach
Garage Y/N No
Total Rooms 15
Status ActiveUnderContract
City Middletown
Buyer Agent Compensation 2.5
View Y/N Yes
Senior Community Y/N No
Total Units 2
Lot Size Square Feet 14500.0
Waterfront Y/N No
Carport Y/N No
Street Name Briarwood
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 11718.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 140
Standard Status ActiveUnderContract
Tax Assessed Value 907700
Tax Lot 26
MobileHomeRemainsYN No

Interior Features

Basement ExteriorEntry,Full,InteriorEntry,Unfinished
Flooring CeramicTile,Hardwood,Carpet
Furnished Y/N Furnished
Fireplace Features None
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ThermalWindows
Fireplace Y/N No
Above Grade Finished Area 4854.0
Full Baths 4
Half Baths 1
BuyerOfficeEmail [email protected]
Street Suffix Avenue
Laundry Features InUnit
Total Bedrooms 9
Electric On Property Y/N No
LivingAreaSource PublicRecords
Total Baths 5

Exterior Features

Parking Features NoGarage
Water Source Public
Total Parking 9.0
Lot Size Area 14500.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa No
Building Area Total 4854.0
Lot Size Acres 0.3329
Lot Size Units SquareFeet
Covered Spaces 0.0
Door Features StormDoors
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 02842

Price
AVG $1.01M
$2.2M
Taxes
AVG $8,059
$11,718
Visits
AVG 107
200
Data Provided by Inside Real Estate®
Year Built
AVG 1967
1988

Areas We Cover