56 Middleton Avenue

Newport, RI 02840

$773,000
Last Sold Price
5
Beds
3
Baths
3,336 Sq. Ft.
$232 / Sq. Ft.
3,336
Sq. Ft.
$232
per Sq. Ft.

Description

Great investment property or owner occupied three family with excellent rental history. Located near Bellevue Avenue shops and shopping center, Cliff Walk, and beach. 1st and 2nd floor apartments have 2 bedrooms, full bath, eat in kitchen, and large spacious living rooms with lots of light and hardwood floors. First floor has a separate entrance. 3rd floor apartment has 1 bedroom, full tiled bath, eat in kitchen and living room with hardwood floors. Recent improvements include a new 1st floor burner...Great investment property or owner occupied three family with excellent rental history. Located near Bellevue Avenue shops and shopping center, Cliff Walk, and beach. 1st and 2nd floor apartments have 2 bedrooms, full bath, eat in kitchen, and large spacious living rooms with lots of light and hardwood floors. First floor has a separate entrance. 3rd floor apartment has 1 bedroom, full tiled bath, eat in kitchen and living room with hardwood floors. Recent improvements include a new 1st floor burner and oil tank, exterior paint, and roof section. Separate utilities for all units.
  1. Listed by John Trifero • RE/MAX Profnl. Newport, Inc.
  2. Listed by John Silvia • RE/MAX Profnl. Newport, Inc.

Amenities

  • Hardwood Floors
  • Private Outdoor Space

Location

Listing Courtesy of RE/MAX Profnl. Newport, Inc.

Sold By Century 21 Topsail Realty

Add your commute
LISTING UPDATED: 10/26/2021 05:11 PM

Property Details for 56 Middleton Avenue

StatusClosed
MLS #1286610
Days on Market89
Taxes$5,202 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.05 AC / 2,124 SF
CountyNewport County

Location

Listing Courtesy of RE/MAX Profnl. Newport, Inc.

Sold By Century 21 Topsail Realty

Add your commute

Building Information for 56 Middleton Avenue

Stories3Residences3Year Built1900Building Size-Lot Size0.05 AC / 2,124 SF

Payment Calculator

$4,652 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,219

Property Taxes

$434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 56 Middleton Avenue

Summary
Location and General Information
  • Community Features: Recreation Area, Shopping
  • Postal City: Newport
  • Zoning: R10
  • County: Newport
  • City: Newport
Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 0
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $5,202.00
  • Tax Assessed Value: 557600
  • Tax Lot: 214
  • Tax Year: 2021
Property
Lot Information
  • Current Use: Multi-Family
  • Lot Size Acres: 0.05
  • Lot Size Area: 2124.0
  • Lot Size Square Feet: 2124.0
  • Lot Size Units: Square Feet
  • Building Area Total: 3,336.00
  • Parcel Number: 5658MIDDLETONAVNEWP
  • Living Area Source: Appraiser
Property and Assessments
  • Senior Community: No
  • Construction Materials: Masonry, Wood Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Stories Total: 3
  • Year Built: 1900
  • Frontage Length: 36
  • Property Type: Residential Income
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Hot Water, Oil
  • Heating: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
Interior Features
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Fireplace Features: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Features: Tub Shower
  • Rooms Total: 11
MultiFamily
Income & Expenses
  • Operating Expense: $8,435
Unit 1
  • Unit Type Description 1: Leased through November 2021
  • Unit Type Actual Rent 1: $1,200.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
Unit 3
  • Unit Type Description 3: Leased through July 2022
  • Unit Type Actual Rent 3: $1,850.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
Rental Information
Rent Information
  • Land Lease: false
  • Tenant Pays: Hot Water

Property History for 56 Middleton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 56 Middleton Avenue

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

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 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 RE/MAX Profnl. Newport, Inc.

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.