Sold
Last Sold Price
5 beds3,144 sqft

93 Maple Ave, Middletown, RI 02842

Multi FamilyProperty Type
0.25 acresLot Size
1950Year Built
$192/sq ftPrice per sq ft
5 carsParking Spaces

Description

A turnkey moneymaker! Fantastic opportunity to own a charming income-producing 2-family home.
This classic New England cottage just minutes from downtown Newport and the Naval station has undergone extensive renovations including new kitchens and baths, new water heater, fresh paint in and out, and new windows and flooring.
The first floor has a large LR with fireplace, 3 bedrooms and 1 bath.
The second floor with limited seasonal water views, has a living room, 2 bedrooms and 1 bath.
A full high-ceilinged
...A turnkey moneymaker! Fantastic opportunity to own a charming income-producing 2-family home.
This classic New England cottage just minutes from downtown Newport and the Naval station has undergone extensive renovations including new kitchens and baths, new water heater, fresh paint in and out, and new windows and flooring.
The first floor has a large LR with fireplace, 3 bedrooms and 1 bath.
The second floor with limited seasonal water views, has a living room, 2 bedrooms and 1 bath.
A full high-ceilinged basement has inside and outside access.
The property, set on a quiet street, is newly landscaped with a large backyard perfect for outdoor entertaining. Plenty of room for socially-distanced fun around the firepit , pergola and lovely mature trees. Several off street parking spaces are available on the new seashell driveway. Currently being used as a very lucrative short term rental property with owners unit on second level and established digital presence.
Listing Agents
  1. George Tollefson

    George Tollefson

    Listing Agent

    Lila Delman Compass

    P: (401) 339-1371

  2. Julie Warburg

    Julie Warburg

    Alternative Listing Agent

    Lila Delman Compass

    P: (203) 856-3158

    M: (203) 856-3158

Listing closed: 06/11/2021 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1275322

Amenities

  • Air Conditioning
  • Attic
  • Basement
  • Common Laundry
  • Dishwasher
  • Dryer
  • Electric Oven
  • Fireplace

Location

Sold By Hogan Associates

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Payment Calculator

$3,596 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,230

Property Taxes

$367

HOA Dues

$0

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Property Information for 93 Maple Avenue

Property Details

  • Taxes: $4,400 / year
  • MLS Type: Residential Income / Multi Family

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 1950
  • Lot Size: 0.25 AC / 10,890 SF

Summary

Location and General Information
  • City: Middletown
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts
  • Postal City: Middletown
  • Postal Code: 02842
  • Postal Code Plus4: 4834
  • State Or Province: RI
  • Zoning: r10
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 5
Taxes and HOA Information
  • Tax Annual Amount: $4,400.00
  • Tax Assessed Value: 250400
  • Tax Lot: 95
  • Tax Year: 2020

Property

Lot Information
  • Above Grade Fin SQFT: 3144.0
  • Building Area Total: 3144.0
  • Living Area Source: Public Records
  • Lot Features: Wooded
  • Lot Size Acres: 0.25
  • Lot Size Area: 10890.0
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 93MAPLEAVMDLT
  • Stories Total: 2
Property and Assessments
  • 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: 1950
  • C L I P: 8,583,585,641
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Interior and Exterior Features

Exterior Features
  • Foundation Details: Combination
Interior Features
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: Stone
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Other
  • Heating: Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower, Cable Tv
  • Laundry Features: Common Area
  • Rooms Total: 9

Multi Family

Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Occupant Type: Owner
  • Unit Type Area: 768.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Occupant Type: Vacant
  • Unit Type Area: 1044.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0

Rental

Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 93 Maple Avenue

DateEvent & SourcePriceAppreciation
Jun 11, 2021

Sold (Public Record)

Public Record #1463665090

$605,000

+29.8% / yr

Jun 11, 2021

Sold

Rhode Island Association of REALTORS® #1275322

$605,000—
Jun 9, 2021

Contract Signed

Rhode Island Association of REALTORS® #1275322

—
DateEvent & SourcePrice
06/11/2021

Sold (Public Record)

Public Record #1463665090

$605,000

+29.8% / yr

06/11/2021

Sold

Rhode Island Association of REALTORS® #1275322

$605,000
06/09/2021

Contract Signed

Rhode Island Association of REALTORS® #1275322

—

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

Public Records for 93 Maple Avenue

Taxable Value

Land

$307,200

Additions

$283,400
Total$590,600

Tax Record

2025

$6,963 ($580 / month)

Home Facts

Baths

2

Total Finished SqFt

1,820 SqFt

Above Grade Finished SqFt

1,820 SqFt

Unfinished Basement SqFt

1,044 SqFt

Stories

2

Lot Size

10,890 SqFt

Style

Duplex

Year Built

1950

Year Renovated

1950

Zoning

R10

County

NEWPORT

APN

MIDD M:0107 B:SW L:95

Schools near 93 Maple Avenue

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.

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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.

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.