
$920,000 USD
Multi Family Home for Sale, 1 Shangri-La Lane, Middletown, Rhode Island 02842
- MLS#1399313
- Bedrooms4
- Bathrooms2
- Home/Lot size
247 m² (2,655 ft²)
Listed By Residential Properties Ltd.
The Multi Family Home for Sale located at 1 Shangri-La Lane, Middletown, Rhode Island 02842 is currently for sale. 1 Shangri-La Lane, Middletown, Rhode Island 02842 is listed for $920,000. This property has 4 bedrooms, 2 bathrooms.
Property features
Property
- Property size:
247 m² (2,655 ft²) - Features: Basement
Lot/Land
- Land/Lot size:
607 m² (6,534 ft²)
Construction
- Year built: 1944
- Basement and foundation: UnfinishedFull Basement
Bedrooms
- Bedrooms: 4
Bathrooms
- Total bathrooms: 2
- Full bathrooms: 2
Interior Features
- Floors: HardwoodVinyl
Heating and Cooling
- Heating system: BaseboardNatural GasElectric
Utilities
- Other utilities: Public Sewer
Community
- Features: Golf CourseMarina
Description
Completely renovated from top to bottom, this impressive side-by-side duplex offers a perfect balance of modern design, comfort, and versatility—ideal for both owner-occupants and savvy investors alike. Ideally located just off Boulevard, less than 3 miles from First and Second Beach and only 1 mile from downtown Newport, it’s a rare opportunity to own a fully updated property in one of Aquidneck Island’s most desirable coastal neighborhoods.
Each townhouse-style unit features two spacious bedrooms and one full bath, with open-concept layouts and brand-new full kitchens showcasing modern cabinetry, countertops, appliances, and lighting. Every surface has been refreshed with refinished hardwood floors, updated electrical and LED fixtures, and energy-efficient mini-split systems for year-round comfort.
The improvements extend to the exterior with a new front façade, new interior and exterior doors, new walkways, new entry lighting, and fresh landscaping that enhance the home’s curb appeal. Each unit also includes private patios, in-unit laundry, and full dry basements offering ample storage space.
Set on a generous corner lot, the property provides off-street parking for up to five vehicles and a spacious backyard perfect for entertaining or relaxing outdoors. Move-in ready and minutes from beaches, shops, restaurants, and downtown Newport, this turnkey duplex delivers it all—modern living, prime location, and excellent investment potential
Location
1 Shangri-La Lane, Middletown, Rhode Island 02842