20 Samson Lane, Middletown, RI 02842
Local realty services provided by:CENTURY 21 Custom Home Realty
Listed by: slocum home team
Office: exp realty
MLS#:1421640
Source:RI_STATEWIDE
Price summary
- Price:$1,500,000
- Price per sq. ft.:$482.01
About this home
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....
Contact an agent
Home facts
- Year built:1992
- Listing ID #:1421640
- Added:56 day(s) ago
- Updated:October 22, 2026 at 08:31 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:9
- Flooring:Hardwood, Vinyl
- Kitchen Description:Dishwasher, Microwave, Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Exterior Entry, Full, Interior Entry, Partially Finished
- Living area:3,112 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Electric, Gas, Heat Pump, Hot Water
Structure and exterior
- Year built:1992
- Building area:3,112 sq. ft.
- Lot area:0.47 Acres
- Architectural Style:Colonial
- Construction Materials:Drywall, Shingle Siding, Vinyl Siding, Wood Siding
- Exterior Features:Deck, Paved Driveway
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Connected, Underground Utilities
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$482.01
- Tax amount:$7,933 (2025)
Features and amenities
- Appliances:Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Electric Water Heater
Parking
- Total parking spaces:6
- Parking description:Attached, Garage, Garage Door Opener, Paved Driveway
- Garage:Yes
- Garage spaces:2
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