
$1,895,000 USD
Single Family Home for Sale, 20 Samson Lane, Middletown, Rhode Island 02842
- MLS#1414479
- Bedrooms5
- Bathrooms3
- Home/Lot size
289 m² (3,112 ft²)
Listed By Exp Realty
The Single Family Home for Sale located at 20 Samson Lane, Middletown, Rhode Island 02842 is currently for sale. 20 Samson Lane, Middletown, Rhode Island 02842 is listed for $1,895,000. This property has 5 bedrooms, 3 bathrooms.
Property features
Property
- Property size:
289 m² (3,112 ft²) - Features: GarageDeckBasement
Lot/Land
- Land/Lot size:
1,902 m² (20,473.2 ft²) - Lot description: Paved Road
Construction
- Year built: 1992
- Style: Colonial
- Construction: Wood
- Basement and foundation: Partially FinishedFull Basement
Parking/Garage
- Garage description: Garage Door OpenerAttached GarageGarage Door Opener
Bedrooms
- Bedrooms: 5
Bathrooms
- Total bathrooms: 3
- Full bathrooms: 3
Interior Features
- Walls: Drywall Walls
- Floors: HardwoodVinyl
Exterior Features
- Outdoor spaces: Deck
- Carport spaces:
Heating and Cooling
- Heating system: Heat PumpNatural GasElectric
Utilities
- Telecommunication: Cable TV
- Other utilities: Underground Utilities
Community
- Features: Golf CourseMarina
Description
Exceptional opportunity to acquire a fully furnished, turnkey short-term rental with a proven track record of success in the heart of Middletown and a fully transferable short-term rental zoning certificate. Generating approximately $347,000 in annual gross rental income, this property offers investors and second-home buyers a rare combination of strong cash flow and coastal lifestyle. Thoughtfully designed to accommodate large groups, this spacious 5-bedroom, 3-bath home spans three levels of living and entertainment space. The main level features an inviting living room, well-appointed kitchen, primary suite, an additional bedroom, and full bath. Upstairs offers three additional bedrooms, a full bath, and laundry area.
The lower level is dedicated to entertainment, featuring a game room complete with pool table, foosball, shuffleboard, arcade games, bar area, and private theater room. Outside, guests enjoy a backyard retreat with a hot tub, fire pit, and outdoor seating areas.
Ideally located minutes from Middletown's beaches, downtown Newport, shopping, dining, and area attractions, this highly sought-after vacation rental is being offered fully furnished and ready for its next owner to continue generating income from day one. Whether you're seeking a high-performing investment property, a 1031 exchange opportunity, or a coastal getaway with exceptional earning potential, 20 Samson Lane delivers.
Financial information and rental history available upon request.
Location
20 Samson Lane, Middletown, Rhode Island 02842