132 Maple Avenue

Middletown, RI 02842

$768,000
Last Sold Price
6
Beds
2
Baths
3,214 Sq. Ft.
$239 / Sq. Ft.
3,214
Sq. Ft.
$239
per Sq. Ft.

Description

Step into this fully furnished, turnkey duplex right in the heart of beautiful Acquidneck Island! Boasting two, 3 bedroom units ready to be owner occupied, air bnb'd, or rented at premium rates during the summer season. This property was recently renovated from the ground up with new drywall, energy efficient insulation, plumbing, electric, and HVAC. Each unit has its own driveway and metered utilities with access to the oversized, fenced-in, yard. During the winter months views of the Newport Bridge...Step into this fully furnished, turnkey duplex right in the heart of beautiful Acquidneck Island! Boasting two, 3 bedroom units ready to be owner occupied, air bnb'd, or rented at premium rates during the summer season. This property was recently renovated from the ground up with new drywall, energy efficient insulation, plumbing, electric, and HVAC. Each unit has its own driveway and metered utilities with access to the oversized, fenced-in, yard. During the winter months views of the Newport Bridge are seen throughout the upper unit. This property is projected to generate six figures annually utilizing the ability for short term rentals/ air bnb. One unit can be delivered vacant. 6% Seller financing and flexible terms available.
  1. Listed by Olivia White • Hennessy Property Management

Property Details for 132 Maple Avenue

Furnished
Furnished

Location

Listing Courtesy of Hennessy Property Management

Sold By William Raveis Inspire

Add your commute
LISTING UPDATED: 01/12/2023 04:34 AM

Property Details for 132 Maple Avenue

StatusClosed
MLS #1321813
Days on Market24
Taxes$4,641 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1980
Lot Size0.00 AC / 0 SF
CountyNewport County

Location

Listing Courtesy of Hennessy Property Management

Sold By William Raveis Inspire

Add your commute

Building Information for 132 Maple Avenue

Stories-Residences2Year Built1980Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$4,578 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,191

Property Taxes

$387

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 132 Maple Avenue

Summary
Location and General Information
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Postal City: Middletown
  • Zoning: r10
  • County: Newport
  • City: Middletown
Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $4,641.00
  • Tax Assessed Value: 359500
  • Tax Lot: 25
  • Tax Year: 2022
Property
Lot Information
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.38
  • Lot Size Square Feet: 0.38
  • Lot Size Units: Square Feet
  • Building Area Total: 3,214.00
  • Parcel Number: 132134MAPLEAVMDLT
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Drywall, Plaster, Vinyl Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Stories Total: 0
  • Year Built: 1980
  • Property Type: Residential Income
Utilities
  • Cooling: Ductless
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Electric, Forced Air
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Basement: None
  • Basement: No
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Features: Furnished
  • Laundry Features: In Unit
  • Rooms Total: 12
MultiFamily
Income & Expenses
  • Operating Expense: $12,641
Unit 1
  • Unit Type 1: 3 Bedroom
  • Unit Type Description 1: Season/April
  • Unit Type Actual Rent 1: $2,200.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 3
Unit 2
  • Unit Type 2: 3 Bedroom
  • Unit Type Description 2: Seasonal/ April
  • Unit Type Actual Rent 2: $2,500.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 3
Rental Information
Rent Information
  • Land Lease: false

Property History for 132 Maple Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 132 Maple Avenue

Taxable ValueLand$169,000Additions$190,500Total$359,500
Tax Record2023$4,526 ($377 / month)
Home Facts
Baths2Total Finished SqFt2,288 SqFtAbove Grade Finished SqFt2,288 SqFtStories2Lot Size16,553 SqFtStyleDuplexYear Built1980ZoningR10CountyNEWPORTAPNMIDD M:0108 B:NW L:25A

Schools near 132 Maple Avenue

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

Joseph H. Gaudet School
Public5 to 8

Middletown High School
Public9 to 12

Aquidneck School
PublicPK to 3

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

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hennessy Property Management

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.