43 - 51 Ellery Av

    Middletown, RI 02842
    • $995,000
    • STATUS: Closed
    • MLS #: 1214207
    Sold - 04/23/2019
    $995,000
    SOLD - 04/23/2019
    • 4
      BEDS
    • 0.24
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,825
      SQFT
    • $0
      $/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 Torrey Real Estate Group 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 Torrey Real Estate Group. 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: 2019-08-18T21:37:25.5.
    www.welchmantorreyrealestate.com/homes/91497750

    43 - 51 Ellery Av Middletown, RI 02842

    • Price: $1,390,000
    • Status: Closed
    • Updated: 54 min ago
    • MLS #: 1214207
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,825
    SQFT
    $0
    $/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 Type Of Sale Conventional/Market Value 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 Torrey Real Estate Group 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 Torrey Real Estate Group. 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: 2019-08-18T21:37:25.5.
     
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    Little Compton RI, 02837