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17 Warren Ave, Middletown, RI, 02842

$2,100,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
Multi

Location

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17 Warren Ave, Middletown$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1970
HeatingElectric, Natural Gas, Heat Pump, Hot Water
CoolingHeat Pump
BasementYes
WaterfrontWaterfront
MLS #1374680
Lot Size0.22 Acres
StatusActive

About 17 Warren Ave

Prime Investment Opportunity Three Single-Family Homes on One Lot in Middletown, RI! Nestled just minutes from Newport and the beautiful beaches, this unique property offers three single-family homes on one lot, providing endless possibilities and grand fathered short term rental permits! Currently utilized as summer Airbnb rentals and winter leases with strong income on the back two houses, this versatile setup is ideal for a variety of uses whether you're looking for an income-producing property, a family compound, or an owner-occupied residence with additional rental income. Each home boasts its own charm, offering comfortable living spaces, amenities, and plenty of privacy. The front house was built in 2020 with upscale finishes (which has not been rented). Great opportunity in a vibrant neighborhood.

Property Details

Property Features

Property Information:

  • Year Built: 1970

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 965-1927

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Stall Shower, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Porch, Patio

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Heat Pump, Hot Water
  • Cooling: Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
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Housing Market Comparison

See how this home compares to others in Middletown, RI.

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Middletown, RI

City

Med. Sold Price

$717.5K

Med. Price/SqFt

$427

Avg. Days On Market

70

# of Sold Homes

11

17 Warren Ave vs Middletown

1 DAY ON ROCKET

-69 Days

$2,100,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Middletown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1374680

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 965-1927

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4428185
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.64 miles

  • Public District Grades PK-4

school-card-donut-4428186
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 1.92 miles

  • Public District Grades 4-4

school-card-donut-4428187
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 5.10 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,881. Residents of Middletown, RI typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Middletown, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Middletown, RI?

Middletown's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that span from classic colonial to contemporary. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience. The area's construction history is varied, with many homes dating back to the mid-20th century, while recent developments have introduced modern amenities and designs into the mix.

Is Middletown, RI a good place to live?

Middletown is celebrated for its serene coastal charm and a strong sense of community. The town's character is defined by its picturesque landscapes, including well-maintained beaches and public parks that offer residents a peaceful retreat. Local events and festivals throughout the year, such as the Middletown Founders Day Parade, reflect the town's rich history and foster a sense of pride among residents. The community's ambiance is further enhanced by its commitment to preserving its natural beauty and historical significance.

Are things conveniently located in Middletown, RI?

The community is served by a range of essential services, ensuring residents have access to necessary amenities. The educational landscape includes several public schools that cater to different age groups, as well as private institutions that offer alternative educational pathways. Healthcare needs are met by local clinics and nearby hospitals that provide a spectrum of medical services. Middletown also features a public library system that supports lifelong learning. Retail and dining options are plentiful, with local businesses and eateries reflecting the town's coastal culture and culinary diversity.

What does the transportation in Middletown, RI look like?

Transportation in Middletown is facilitated by a network of roads that connect residents to neighboring cities and attractions. Public transit options are available, providing connections to key areas within the town and beyond. The community's layout encourages walkability in certain districts, particularly around commercial centers and residential neighborhoods. For those who prefer cycling, there are bike-friendly routes that make navigating the town more accessible. While specific ride-sharing services are not mentioned, such options are commonly used by residents for added convenience.

Rocket Homes›Rhode Island›Newport County›Middletown›02842›17 Warren Ave

This home is located at 17 Warren Ave in Middletown, RI and zip code 02842. This home, which was built in 1970, sits on a 0.22 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $2,100,000.

In November 2024, from all listings sold in Middletown, RI there were more than 2 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Middletown, RI decreased by 5.7% between October 2024 and November 2024. Listings spent 70 days on the market in November 2024, and had a median list price of $717,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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