13 Ludlow Rd

1,426 Sq. Ft.
$245 / Sq. Ft.
1,426
Sq. Ft.
$245
per Sq. Ft.

Description

Solid investment property in Middletown, between West Main and East Main Road. This 2 family property boasts two, side by side two bedroom units, and has been gutted by the current owner. All new floors, kitchens and baths. Laundry in units, dishwashers, shared yard space... This property takes in $2500 per month, with room to increase rents. Tenants pay their own utilities. Stellar rental history.Solid investment property in Middletown, between West Main and East Main Road. This 2 family property boasts two, side by side two bedroom units, and has been gutted by the current owner. All new floors, kitchens and baths. Laundry in units, dishwashers, shared yard space... This property takes in $2500 per month, with room to increase rents. Tenants pay their own utilities. Stellar rental history.

Listing Agent

  1. Scott Champagne

    Scott Champagne

    Listing Agent

    Legacy Real Estate Company

    P: (401)-447-8210

Property Details for 13 Ludlow Road

Subdivision Name
COMMODORE PERRY
LISTING CLOSED: 06/25/2021 12:00 AM

Property Details for 13 Ludlow Road

StatusClosed
MLS #1280478
Days on Market22
Taxes$2,400 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1954
Lot Size0.17 AC / 7,405 SF
CountyNewport County

Location

Listing Courtesy of Legacy Real Estate Company

Sold By Penrose Realty

Add your commute

Building Information for 13 Ludlow Road

Stories1Residences2Year Built1954Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$1,979 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,779

Property Taxes

$200

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 13 Ludlow Road

Summary
Location and General Information
  • City: Middletown
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Courts, Sidewalks
  • Postal City: Middletown
  • Postal Code: 02842
  • Postal Code Plus4: 6321
  • State Or Province: RI
  • Zoning: R-10
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 2
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: $2,400.00
  • Tax Assessed Value: 208400
  • Tax Lot: 69
  • Tax Year: 2020
Property
Lot Information
  • Above Grade Fin SQFT: 1426.0
  • Building Area Total: 1426.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.17
  • Lot Size Area: 7405.0
  • Lot Size Square Feet: 7405.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 13A&BLUDLOWRDMDLT
  • Stories Total: 1
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1954
  • C L I P: 4,544,519,047
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Fencing: Fenced
  • Foundation Details: Slab
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: None, Unfinished
  • Basement Y N: No
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Laminate
  • Heating: Forced Air, Gas
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Laundry Features: In Unit
  • Rooms Total: 8
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,200.00
  • Description: Ends 8/31/21
  • Unit Type Area: 750.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,300.00
  • Description: Ends 2/28/22
  • Unit Type Area: 750.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 13 Ludlow Road

DateEvent & SourcePriceAppreciation
Jun 25, 2021

Sold (Public Record)

Public Record #1465062978

$350,000

+7.8% / yr

Jun 25, 2021

Sold

Rhode Island Association of REALTORS® #1280478

$350,000
May 15, 2021

Contract Signed

Rhode Island Association of REALTORS® #1280478

DateEvent & SourcePrice
06/25/2021

Sold (Public Record)

Public Record #1465062978

$350,000

+7.8% / yr

06/25/2021

Sold

Rhode Island Association of REALTORS® #1280478

$350,000
05/15/2021

Contract Signed

Rhode Island Association of REALTORS® #1280478

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 13 Ludlow Road

Taxable ValueLand$150,800Additions$171,900Total$322,700
Tax Record2025$3,805 ($317 / month)
Home Facts
Baths2Total Finished SqFt1,426 SqFtAbove Grade Finished SqFt1,426 SqFtStories1Lot Size7,405 SqFtStyleDuplexYear Built1954Year Renovated1954ZoningR20CountyNEWPORTAPNMIDD M:0107 B:NE L:69

Schools near 13 Ludlow Road

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Forest Avenue School
PublicK to 3

Joseph H. Gaudet School
Public6 to 8

Middletown High School
Public9 to 12

Joseph Gaudet Academy
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Legacy Real Estate Company

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.