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222 Prospect Ave
Middletown, RI 02842
Sea Whale Cottages · Specialty Property For Sale · 2,250 SF
Investment Highlights
- The property is located one mile from Second Beach
- The nearly 2-acre parcel provides privacy and may offer an opportunity for expansion
- Units are turnkey furnished with stoves, refrigerators, washers, and dryers
PROPERTY FACTS
Property Type | Specialty | No. Stories | 1 |
Property Subtype |
Residential Income
|
Year Built | 1930 |
Lot Size | 1.86 AC | Parking Ratio | 5.78/1,000 SF |
Building Size | 2,250 SF |
Property Type | Specialty |
Property Subtype |
Residential Income
|
Lot Size | 1.86 AC |
Building Size | 2,250 SF |
No. Stories | 1 |
Year Built | 1930 |
Parking Ratio | 5.78/1,000 SF |
About 222 Prospect Ave , Middletown, RI 02842
The unique Sea Whale cottages offer an investment opportunity for weekly rentals, a family compound, or owner-occupied property with the ability for good income. The 3 units bring in seasonal revenues from April through October of approximately $6K a week. All cottages have their own utilities, including heat, and may be rented off-season. The property is located one mile from Second Beach. Restaurants and beaches are nearby. The grounds of these cottages are immaculate. Each cottage has its own driveway, picnic table. etc. The property has its own new well that provides water to all units. The 1.86 ac of land has beautiful plantings and grapevines on the parklike grounds. Units are turnkey furnished with stoves, refrigerators, washers, and dryers.The heated garages/workshop provide space for cars, equipment, and winter storage. The nearly 2-acre parcel provides privacy and may offer an opportunity for expansion. There is a buildable lot in the back of the property. This property must be seen to be appreciated. The owners have painstakingly cared for it. Pictures tell a thousand words
PROPERTY TAXES
Parcel Number | MIDD-000121-N000000W-000117 | Improvements Assessment | $587,500 |
Land Assessment | $569,800 | Total Assessment | $1,157,300 |
PROPERTY TAXES
zoning
Zoning Code | R40 |
R40 |
Listing ID: 16972420
Date on Market: 8/20/2019
Last Updated:
Address: 222 Prospect Ave, Middletown, RI 02842
The Specialty Property at 222 Prospect Ave, Middletown, RI 02842 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.