58 Allston Avenue,Middletown, RI 02842
Middletown, RI 02842
Description
58 Allston Avenue, Middletown, RI 02842 - A rare, fully licensed and turn key short term rental investment in coveted Easton's Point. This legal 5 bedroom, 3 bath single family home is a proven income producer, generating approximately $94,000 in annual gross revenue, and is being offered fully furnished with all furniture, fixtures, decorations, linens, kitchenware, and guest amenities included so the new owner can continue STR operations immediately. The "Coastal Charm Beach House" enjoys a prime location in the Easton's Point neighborhood-just a short walk to Sachuest Beach(2nd Beach), Easton's Beach (First Beach) and the Newport Cliff Walk, and only about 2-2.5 miles to downtown Newport's restaurants, shops, and waterfront attractions. This balance of beach access and proximity to downtown makes it especially appealing to summer visitors, event guests, and year round travelers seeking a classic Newport area experience.
Details
| MLS # | 1418714 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 88 |
| Listing Provided By | Bhhs Commonwealth Real Estate | Barry Alofsin |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,142 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RES |
| Acreage | 0.14 |
| Golf Course | Yes |
| Water Front | Yes |
Interior
| Rooms Total | 8 |
|---|---|
| Heating | Oil, Baseboard, Central Air, Forced Air, Forced Water, Zoned |
| Heating Yes / No | Yes |
| Cooling | Ductless |
| Cooling Yes / No | Yes |
| Appliances | Electric Water Heater, Solar Hot Water, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer |
| Interior Features | Wall (Plaster), Plumbing (Copper), Insulation (Ceiling), Insulation (Walls) |
| Window Features | Insulated Windows |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Fireplace Features | Brick |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Community Features | Bus, Commuter Bus, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Schools, Shopping, Near Swimming, Tennis |
| Construction Materials | Plaster, Clapboard |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Integral |
Utilities
| Sewer | Assessment to Seller |
|---|---|
| Electric | 100 Amp Service |
Location
| Community Features | Bus, Commuter Bus, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Schools, Shopping, Near Swimming, Tennis |
|---|
Taxes
| Tax Annual Amount | 9991 |
|---|---|
| Tax Assessed Value | 847400 |
| Tax Lot | 257 |
| Tax Year | 2025 |
Area Information
| State | RI |
|---|---|
| County | Newport |
| City | Middletown |
| Zip Code | 02842 |
| Area | Newport |
| Community Name | Easton's Point |
| Listing VS Median (in Easton's Point) | |
Price: $1,400,000 low | high Med: $4,000 sqft: 2,142 low | high Med: 1,865 $ / sqft: $654 low | high Med: $2 On site: 88 low | high Med: 1 | |
Market Activity 02842
Request a showing
Request a showing
Contact
Learn More About This Property
| State | RI |
|---|---|
| County | Newport |
| City | Middletown |
| Zip Code | 02842 |
| Area | Newport |
| Community Name | Easton's Point |
| Listing VS Median (in Easton's Point) | |
Price: $1,400,000 low | high Med: $4,000 sqft: 2,142 low | high Med: 1,865 $ / sqft: $654 low | high Med: $2 On site: 88 low | high Med: 1 | |
