118 Wolcott AVE Active

Middletown,RI 02842

$ 1800000

3 Beds

2 Baths

1600 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $1,125

Subdivision Easton Point

MLS Listing ID 1372308

Style Ranch

Bedrooms 3

Full Baths 2

Year Built 1953

Annual Tax Amount $6,878

Tax Year 2024

Lot Size 0.847 Acres

Property Sub-Type Single Family Residence

Property Description

A RARE FIND ON EASTON'S POINT....A parcel of land large enough for a family compound! The solidly built, well-maintained ranch home is in move-in condition. The house features a living room, dining room, and 3 bedrooms with hardwood flooring; a kitchen with linoleum flooring; 2 full bathrooms with tile flooring; full dry basement; an efficient 95% AFUE direct vent gas boiler; architectural shingles; first floor and basement washer/dryer hookups; huge fenced-in back yard; knotty pine breezeway to attached 2-car garage; tool shed; brick patio and front walkway; basement cedar closet; and retractable awnings on the front windows. ATTENTION INVESTORS: The property consists of 2 lots and the existing house is grandfathered to allow short-term rentals without a special permit or owner residency on the property. As an added bonus, duplexes are allowed by special permit in this zoning district. Each lot is legally nonconforming with respect to frontage and lot width. An administrative subdivision is in the works to remove a minor encroachment of the house over the common lot line and to increase the area of one lot to 20,000 sf, which would allow an accessory dwelling unit by right if the proposed ordinance is adopted. The house and 2 lots are currently being offered as a package, but once the administrative subdivision is completed the owner will entertain selling the 2 parcels individually.

Location

State RI

County Newport

Community Easton Point

Zoning R-10

Interior

Heating Baseboard,Gas,Hot Water

Cooling Central Air

Flooring Ceramic Tile,Hardwood,Laminate

Fireplaces Number 1

Fireplaces Type Insert,Gas,Masonry

Exterior

Exterior Feature Paved Driveway

Parking Features Attached

Garage Spaces 2.0

Fence Fenced

Community Features Golf,Highway Access,Marina,Near Hospital,Near Schools,Recreation Area,Restaurant,Shopping,Tennis Court(s)

Utilities Available Sewer Connected

Building

Lot Description Multiple lots

Story 1

Foundation Concrete Perimeter

Sewer Connected,Public Sewer

Water Public

Structure Type Drywall,Vinyl Siding

New Construction No

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