247 West Main RD, Middletown, RI 02842
247 West Main RD, Middletown, RI 02842
247 West Main RD, Middletown, RI 02842
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$1,249,000
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5 Beds
4 Baths
2,858 SqFt
Open Sun 11AM-1PM

247 West Main RD Middletown, RI 02842

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

Open House

Sun Aug 02, 11:00am - 1:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,858 sqft

Price per Sqft $437

Subdivision Two Mile Corner

MLS Listing ID 1418571

Style Side By Side

Bedrooms 5

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 2,858

Year Built 1945

Annual Tax Amount $10,178

Tax Year 2025

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Multi Family

Property Description

Rare Multi-Property Investment Opportunity! Exceptional offering of 247 and 249-251 West Main Road featuring two contiguous properties with outstanding income and investment potential in the heart of Middletown. Whether you're looking to expand your investment portfolio, generate rental income, or occupy one residence while leasing the others, this unique property offers exceptional flexibility.

Ideal for year-round rentals, furnished seasonal rentals, or short-term vacation rentals where permitted by local regulations. The prime location, just minutes from Newport, area beaches, shopping, restaurants, marinas, and Naval Station Newport, provides strong rental demand throughout the year.

The property also presents an excellent opportunity for a primary residence with supplemental income or future redevelopment potential, subject to municipal approvals. Rarely do three adjacent properties become available as a single offering, creating possibilities for investors, developers, and owner-occupants alike.

A truly unique opportunity to own a versatile income-producing property on Aquidneck Island with exceptional long-term appreciation potential.

This single-family property is set back from road with a delightful private yard and mature shrubbery. The spacious 2 car garage and plenty of parking add exceptional value.

House and duplex are also being listed separately, please see MLS #s 1418769 and 1418643.

Location

State RI

County Newport

Community Two Mile Corner

Zoning OBA

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Attic, Stall Shower, Tub Shower, Cable TV

Heating Hot Water, Oil

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood, Marble, Vinyl

Fireplaces Number 2

Fireplaces Type Masonry, Marble, Tile

Inclusions Seller's Lead Disclosure

Fireplace Yes

Window Features Storm Window(s)

Appliance Dishwasher, Electric Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Washer

Laundry Common Area

Exterior

Exterior Feature Deck, Paved Driveway

Parking Features Detached

Garage Spaces 2.0

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s), Sidewalks

Utilities Available Sewer Available, Sewer Connected, Water Available

Porch Deck, Porch, Screened

Total Parking Spaces 14

Garage Yes

Building

Story One

Foundation Concrete Perimeter

Sewer Connected, Public Sewer

Water Connected, Public

Architectural Style Side By Side

Level or Stories One

Structure Type Drywall,Brick,Masonry,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 247249WESTMAINRDMDLT


Listed by William Raveis Inspire
NEARBY SCHOOLS & PROPERTIES

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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