Address
58 Allston Avenue, Middletown, RI
Price
$ 1,400,000
Property Attributes
  • MLS#1418714
  • TypeSingle Family
  • Listing Status Active
  • CountyNewport
  • CityMiddletown
  • NeighborhoodEaston's Point
  • Zip02842
  • Style
  • Year Built1979
  • Taxes$ 9991
  • Price$ 1,400,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage2142
  • Lot Size0.1446 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

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.

Price History
7/31/2026 Listed $1,400,000

General Features

Sewer Sewer Assessment(s)
Heating Baseboard,Forced Air,Hot Water,Oil,Zoned,Coal,Stove
Cooling Ductless,Central Air
Possession Negotiable
Zoning RES
Garage Spaces 1
Construction Materials Plaster,Clapboard
Year Built 1979
Electric 100 Amp Service
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Walk to Water
Community Features Golf,Marina,Near Hospital,Near Schools,Pool,Public Transportation,Recreation Area,Shopping,Tennis Court(s)
County Newport
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name Easton's Point
Garage Y/N true
Total Rooms 8
Full Baths 1
Status Active
City Middletown
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 6300
Land Lease Y/N false
Tax Annual Amount 9991
Virtual Tour https://tour.RiLiving.com/58-Allston-Avenue-Middletown-RI-02842
Standard Status Active
Tax Assessed Value 847400
Tax Lot 257
Property Sub Type Additional Single Family Residence

Interior Features

Interior Amenities Bathtub,Tub Shower,Cable TV
Basement Full,Finished,Interior Entry
Flooring Carpet,Ceramic Tile,Laminate
Total Fireplaces 1
Fireplace Features Masonry
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Thermal Windows
Fireplace Y/N true
Half Baths 1
Total Bedrooms 4
Below Grade Finished Area 900
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Parking Features Built In
Water Source Public,Water Assessment(s)
Total Parking 5
Inclusions Current rental website - https://www.coastalcharmbeachhouse.com/
Lot Size Area 6300
Foundation Details Concrete Perimeter
Building Area Total 2142
Lot Size Acres 0.1446
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02842

Price
AVG $1.52M
$1.4M
Taxes
AVG $9,965
$9,991
Year Built
AVG 1972
1979