223 Oliphant LN Open House Save Request In-Person Tour Request Virtual Tour
Middletown,RI 02842
OPEN HOUSE
Sun Jul 27, 11:00am - 12:30pm
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,862 sqft
Price per Sqft $296
MLS Listing ID 1390637
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1987
Annual Tax Amount $9,156
Tax Year 2024
Lot Size 1.580 Acres
Property Sub-Type Multi Family
Property Description
Listing description: A rare investment opportunity in one of Middletown's most central and convenient locations. This well-maintained two-family property sits on over 1.5 acres, offering privacy on a pastoral setting, and strong potential for owner-occupancy or rental income. Each townhouse-style unit features 2 spacious bedrooms, 1.5 bathrooms, large living rooms, private rear decks, and generous unfinished basements with bulkheads, perfect for storage or future finishing. At 1,431 square feet per unit, the layout offers functional, comfortable living space with separate utilities. Tenants pay for heat, electricity, and Wi-Fi. Public sewer is connected, and the property is serviced by a private well. With leases in place through September 30, 2025, you have the flexibility to plan future occupancy or improvements. Set back from the road with ample parking and positioned between East and West Main Road, this is an ideal location for those seeking proximity to Middletown's amenities while enjoying a serene setting. Don't miss this rare duplex opportunity or potential condo conversion in the heart of Aquidneck Island.
Location
State RI
County Newport
Interior
Heating Baseboard,Gas,Hot Water,Oil,Zoned
Cooling None
Flooring Ceramic Tile,Hardwood,Laminate,Vinyl
Fireplaces Number 2
Fireplaces Type Masonry
Laundry In Unit
Exterior
Exterior Feature Paved Driveway
Community Features Golf,Marina,Near Hospital,Near Schools,Recreation Area,Restaurant
Utilities Available Sewer Connected
Building
Foundation Concrete Perimeter
Sewer Connected
Water Private,Well
Structure Type Drywall,Clapboard,Shingle Siding
New Construction No
Others
Virtual Tour https://tour.RiLiving.com/223-Oliphant-Lane-Middletown-RI-02842