About This Home

This 4-bedroom, 2-bathroom single family at 58 Allston Avenue in Middletown, RI is listed for $1,400,000 ($1,127 per sqft). Built in 1979, the home offers 1,242 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1979
  • 0.14 acre lot
  • 2 stories
  • 5 parking spaces
  • Fireplace

Property Details

2 stories
1 full, 1 half
1-car garage
1979

Amenities

FireplaceA/C
Listing Description

58 Allston Avenue, Middletown, RI 02842 - A rare, fully licensed and turn key short term rental investment in coveted Easton's Point. This legal 5 bedroom, 3 bath single family home is a proven income producer, generating approximately $94,000 in annual gross revenue, and is being offered fully furnished with all furniture, fixtures, decorations, l

inens, kitchenware, and guest amenities included so the new owner can continue STR operations immediately. The "Coastal Charm Beach House" enjoys a prime location in the Easton's Point neighborhood-just a short walk to Sachuest Beach(2nd Beach), Easton's Beach (First Beach) and the Newport Cliff Walk, and only about 2-2.5 miles to downtown Newport's restaurants, shops, and waterfront attractions.

This balance of beach access and proximity to downtown makes it especially appealing to summer visitors, event guests, and year round travelers seeking a classic Newport area experience.

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

58 Allston Avenue

Middletown, RI 02842

Easton's Point

Features & Amenities

Interior Features

Wall (Plaster)Plumbing (Copper)Insulation (Ceiling)Insulation (Walls)

Property Details

Flooring

LaminateCarpetTile - Ceramic

Construction

Plaster Clapboard

Heating

ZonedBaseboardOilCentralForced Air

Cooling

Ductless

Appliances

DishwasherDryerRange HoodMicrowaveOvenRangeRefrigeratorWasherElectric Water HeaterSolar Hot Water

Questions & Answers

This 4-bedroom, 2-bathroom single family at 58 Allston Avenue is listed at $1,400,000 ($1,127/sqft). The estimated monthly payment is $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979, 0.14 acre lot, 2 stories, 5 parking spaces, Fireplace. Interior Features: Wall (Plaster), Plumbing (Copper), Insulation (Ceiling).

This property is listed by Barry Alofsin.

BA

Barry Alofsin

Agent at BHHS Commonwealth RE

Listed by BHHS Commonwealth RE · Broker phone: (508) 810-0700 · View on Broker Site · Broker website

MLS# 1418714· Source: State Wide MLS of Rhode Island, Inc.· 89 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

58 Allston Avenue, Middletown, RI 02842

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