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$400,000
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Property Description
Incredible opportunity that you don't want to miss! The property is being sold "AS IS". It is situated in a high-traffic area, making it the perfect location for commercial construction and/or residential use. Currently, it's being leased as a residential dwelling, but with its potential for commercial use, this land/property is a must-see for developers. Comparable property next door, 55 Valley Road - MLS 1351832, is a similar opportunity and both lots could be combined for many possibilities!
Full Property Details
Full Property Details for 51 Valley Rd
General
- Sold For: $400,000
- Taxes: $3,504 (2023)
- Status: Closed
- Type: Commercial
- Source: STWMLS
- MLS ID: 1351831
- Added to Site: 379 day(s) ago
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: In Unit, Laundry Room
Additional Information
- Shared Amenities: Restaurant
- Security/Safety: Fire Alarm
Parking
- Total Spaces: 2
Location
- County: Newport
- Subdivision: Commercial
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Connected, Sanitary
- Water: Water Assessment(s), Public
- Utility Description: Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Sewer Connected, Underground Utilities
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 1
- Building Size: 1347
- Finished Total: 1,347 Sq. Ft.
- Finished Above Grnd: 1,347 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Size: 15246
- Street Lights: Yes
- Sidewalks: Yes
- Potential Use: Commercial, Development, Residential, Single Family, Warehouse
Financial Considerations
- Tax Amount: $3,504.27
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: 51VALLEYRDMDLT
- Block: SE
- Lot Number: 91
Listed by Lila Delman Compass
Sold by Lila Delman Compass
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Schools
Schools serving 51 Valley Rd
School District:Middletown Schools
Rating | Name | Grades | Distance |
---|---|---|---|
130 Valley Rd, Middletown, RI 02842 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 51 Valley Rd
Date
Details
Price
Change
Source
7/22/2024
Sold
$400,000
-19.19%
MLS
4/16/2024
Price Reduced
$495,000
-9.17%
MLS
2/01/2024
Price Reduced
$545,000
-0.73%
MLS
1/31/2024
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
51 Valley Road, Middletown, RI 02842 (MLS# 1351831) is a Commercial property that was sold at $400,000 on July 22, 2024. Want to learn more about 51 Valley Road? Do you have questions about finding other Commercial real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.