Licensed Short-Term Rental
For Sale
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57 Tuckerman Avenue, Middletown, RI 02842
2018 custom-built home operates as a licensed short-term rental and offers ocean views from all three levels.
Property Size3,907 SF
Price / SF$1,227
Days on Market128
Property Features for 57 Tuckerman Avenue
General Information
Standard status
Active
Size
3,907 SF
Total Parking Spaces
6
Property subtype
Hospitality, Special Purpose
Occupancy
40%
Investment Type
Owner/User
Net Operating Income
$131,627
Additional Details
Business Included
Yes
Building Details
Year Built
2018
Stories
3
Tenancy
Single
Listing Agency:
Domain Properties
Listed By:
Kelly Moran · License #REB0018812
Source:
Crexi
Added: May 5
Changed: Aug 26
Last Checked: Sep 8 at 7:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Domain Properties
Investment Insights
Based on property information with market context.
Built in 2018, this custom coastal retreat is offered fully furnished and set up as a licensed short-term rental. The main level features an expansive great room with dual living areas, a chef’s kitchen with premium Wolf appliances, and direct flow to outdoor living. A private first-floor in-law suite adds separation for guests or multi-generational living. Upstairs there are three bedrooms, including an ocean-facing primary suite with balcony. The third-floor great room offers vaulted ceilings with skylights, a kitchenette, a half bath, and dual balconies.
Outside, the elevated patio includes custom masonry with a gas fire pit, outdoor kitchen, and shower. Additional highlights include off-street parking for up to six vehicles, phantom screens, central vacuum, and ADT security.
The property is positioned just 7 houses from Easton’s Beach access point, with summer bookings in place. Remarks also note the license was grandfathered in under prior zoning.
Outside, the elevated patio includes custom masonry with a gas fire pit, outdoor kitchen, and shower. Additional highlights include off-street parking for up to six vehicles, phantom screens, central vacuum, and ADT security.
The property is positioned just 7 houses from Easton’s Beach access point, with summer bookings in place. Remarks also note the license was grandfathered in under prior zoning.
Key Highlights
- 2018 custom‑built home with ocean views from all three levels
- Licensed short‑term rental with summer bookings in place (grandfathered under prior zoning)
- Ocean‑facing primary suite with balcony plus 2 additional upstairs bedrooms
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 02842, RI
17,115
Population
8,255
Households
2.1
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
1,369
Density / Sq Mi
$97,650
Median Household Income
$47,307
Median Earnings
$1,906
Median Rent
$536,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - 2018 custom-built home operates as a licensed short-term rental and offers ocean views from all three levels.
Where is this short term rental property located?
The property is located at 57 Tuckerman Avenue Middletown, RI.
What is the asking price?
The asking price for this property is $4,795,000.
What are key features of this property?
This property features: 2018 custom‑built home with ocean views from all three levels; Licensed short‑term rental with summer bookings in place (grandfathered under prior zoning); Ocean‑facing primary suite with balcony plus 2 additional upstairs bedrooms
