20 Samson Lane, Middletown, RI, 02842
9 rooms
5 beds
3 Full baths
1992
Colonial
3,112 sqft
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.
Status:
Coming Soon
Type:
Single-family residential
Garage:
2-car Attached, Garage, Garage Door Opener
Heating:
Electric, Gas, Heat Pump, Hot Water
Cooling:
Ductless
Basement:
Exterior Entry, Full, Interior Entry, Partially Finished
Parking:
6-car
Acreage:
0.47
Est. Taxes:
$7,933
Assessment
$875,200
Construction
Drywall,Shingle Siding,Vinyl Siding,Wood Siding
Utilities
Sewer Connected,Underground Utilities
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
Appliances:
Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
MLS #:
1414479
Community Info
School Info
Walk Score
Mass Transit
Yelp
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