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222 Prospect Av, Middletown, Rhode Island
€993,458
Property features
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  • 8 bedrooms
  • 3 bathrooms
Property description
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 have seasonal revenues potential 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. A sub-divison may be possible. This property must be seen to be appreciated. The owners have painstakingly cared for it. Pictures tell a thousand words.
Middletown, Rhode Island, United States
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