$1,500,000

Single Family Residence In Middletown

  • 5 Beds
  • 3 Baths
  • 3,112 Sqft
  • 20,474 Sqft lot
  • Updated: August 27
  • Source:
    StateWide MLS  MLS#1421640

About the Property

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. Thoughtfull
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.
  • Property type

    House

  • Floors

    2

  • Year built

    1992

  • Price/sqft

    $482

Features

Features

Lot

  • Investment Property

Indoor

  • Air Conditioning
  • Jacuzzi
  • Washer Dryer
  • Bar
  • Game Room
  • Cinema
  • Basement
  • Stone Countertops

Outdoor

  • Terrace
  • Fire Pit
  • Pool
  • Garage
  • Tennis Court
  • Outdoor Living Space
  • Garden

Explore the Area

20 Samson Lane, Middletown, Rhode Island, United States View on Google Maps
Price per sqft
Low
High

View 46 more listings in Middletown

eXp Realty - Warwick

Joined 8 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

eXp Realty - Warwick
Rhode Island, United States
View agency profile
10
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
eXp Realty - Warwick
Warwick, Rhode Island, United States
View agency profile
Last updated
August 27
First listed
Aug 27
Listing reference
1421640
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 1421640, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with