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118 Wolcott Avenue, Middletown, RI 02842

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For Sale

$1,800,000

3 beds • 2 baths • 1,600 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $1,125.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention investors! The solidly built and well-maintained ranch home is grandfathered to allow short-term rentals without a special permit or owner occupancy, and comes with an additional lot. As an added bonus, duplexes are allowed on either lot by special permit. Each lot is legally nonconforming with respect to frontage and lot width, but an administrative subdivision is required to remove a slight encroachment of the house over the common lot line. The administrative subdivision will increase the size of one lot to at least 20,000 sf, which would allow an accessory dwelling unit by right if the proposed ordinance is adopted. The other lot will be approximately 16,915 sf. The house features hardwood flooring, except for the eat-in kitchen (linoleum) and bathrooms (tile), an efficient 95% AFUE direct vent gas boiler (2015), attic fan, architectural shingles (2013), optional 1st floor washer/dryer hookups, huge back yard with 6 chain link fence, knotty pine breezeway to attached 2-car garage, tool shed, brick patio and front walkway, basement cedar closet, new efficient toilets, and window awnings on west side. The property is being offered as a package, but the owner will entertain selling individually (subject to approval of the administrative subdivision).
MLS# 1372308

Courtesy Of Connell Real Property

(401) 662-1356

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Attic
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Hardwood, Laminate, Tile, Tile - Ceramic
  • Heating System
    Baseboard
  • Lot Size
    0.85 Acres

Map and Directions

Directions to 118 Wolcott Avenue, Middletown, RI 02842

Home seller CENTURY 21 Topsail Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Topsail Realty

(401) 683-4900
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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