Coming soon
$1,400,000
4 bd · 1.5 ba · 1,242 sqft · 6,299 sqft lot
58 Allston Ave, Middletown, RI 02842
Single family · Built 1979 · $1,127/sqft ·
$7,949/mo est. payment
- Garage
- 1 car
- Stories
- 2
3D tourFlood factor 1/10
About this home
58 Allston Avenue, Middletown, RI 02842 - A rare, fully licensed and turn key short term rental investment in coveted Easton's Point. This legal 5 bedroom, 3 bath single family home is a proven income producer, generating approximately $94,000 in annual gross revenue, and is being offered fully furnished with all furniture, fixtures, decorations, linens, kitchenware, and guest amenities included so the new owner can continue STR operations immediately. The "Coastal Charm Beach House" enjoys a prime location in the Easton's Point neighborhood-just a short walk to Sachuest Beach(2nd Beach), Easton's Beach (First Beach) and the Newport Cliff Walk, and only about 2-2.5 miles to downtown Newport's restaurants, shops, and waterfront attractions. This balance of beach access and proximity to downtown makes it especially appealing to summer visitors, event guests, and year round travelers seeking a classic Newport area experience.
Facts and features
Bedrooms
- Bedrooms: 4
- Bedroom 1 Level: First
- Bedroom 2 Level: Second
- Bedroom 3 Level: Second
- Bedroom 4 Level: Second
Other Rooms
- Total Rooms: 8
- Bath w/ Shower Level: Second
- Half Bath Level: First
- Basement Features: Full, Interior Only, Finished, Bathroom, Bedroom(s), Common, Laundry, Storage Space, Utility
- Living Room Level: First
- Basement Description: Full
Bathrooms
- Total Bathrooms: 1.5
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
- Bathroom 1 Features: Bath w Tub
Interior Features
- Wall (plaster)
- Plumbing (copper)
- Insulation (ceiling)
- Insulation (walls)
- Flooring: Ceramic Tile, Laminate, Carpet
- Window Features: Insulated Windows
Appliances
- Electric water heater
- Solar hot water
- Dishwasher
- Dryer
- Range hood
- Microwave
- Oven/range
- Refrigerator
Heating and Cooling
- Cooling Features: Ductless
- Fireplace Features: Brick
- Heating Features: Oil, Baseboard, Central Air, Forced Air, Forced Water, Zoned
- Heating: Yes
- Number of Fireplaces: 1
Kitchen and Dining
- Dining Area Level: First
- Kitchen Level: First
Waterfront and Water Access
- Walk to fresh water
- Walk to salt water
Schools
- 6
Middletown High School
high · 9-12 · 1.7 mi
- 10
Aquidneck School
elementary · K-3 · 0.2 mi
Valley Community School Middletown
elementary · 0.7 mi
- 7
Joseph H. Gaudet School
middle · 6-8 · 1.8 mi
St Michaels Country Day School
elementary · K-8 · 1.2 mi
James L Maher School
elementary · 4-12 · 1.6 mi
Price history
- Jul 31, 2026 · Listed$1,400,000
- Apr 3, 2021 · Listing Removed$2,990
- Jan 20, 2021 · Listing Removed—
- Jan 4, 2021 · Listed For Rent$2,990
- Dec 15, 2020 · Listing Removed—
- Nov 21, 2020 · Listing Removed—
- Nov 20, 2020 · Listed$559,000
- Nov 3, 2020 · Price Changed$579,000
Tax history
- 2025$9,991 tax · $847,400 assessed
- 2023$6,337 tax · $503,300 assessed
- 2022$6,050 tax · $503,300 assessed
- 2021$6,050 tax · $503,300 assessed
- 2020$4,954 tax · $360,000 assessed
- 2018$4,950 tax · $360,000 assessed
- 2016$4,268 tax · $276,800 assessed
- 2015$4,163 tax · $276,800 assessed
Home value
$1,333,400
- Cotality$1,333,400
- Quantarium$1,329,581
- Collateral Analytics$1,386,000
Where it is
Listed by Barry T. Alofsin · BHHS Commonwealth Real Estate · StateWide
