Price lowered to $945,000 Only 1 open house scheduled for Sunday 10/2, 1-3 PM. Attention investors and potential house hackers!!! ONLY MULTIFAMILY IN MIDDLETOWN RIGHT NOW-This spacious duplex was recently renovated from the studs up. Updated kitchens, bathrooms, flooring, electrical, insulation, drywall, HVAC and plumbing. Newly installed Fujitsu heat pump HVACs in every room. The kitchens include new cabinets and stainless appliances. Bathrooms include newly tiled walk in showers. Each unit has 3 bedrooms, one bath, and laundry/utility room. Two driveways present, one for each unit. Top unit has a back yard deck, bottom unit has a private yard area. All rooms are good sized and the yard is plenty big as well. Located in a quiet neighborhood at the coastal part of Middletown. Conveniently located near beaches, schools, shopping, Newport and Naval Station all within 10 minutes. Parking for up to 6 cars. Lot also is 1.5-2 lots. Airbnb ability BY RIGHT, projected summer income of 45k/unit (June-August) @70% occupancy and winter academic/naval rentals of 3000/mo/unit. Putting this property at a unicorn 8-12 cap with the right operator.
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