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5 Beds
3 Baths
3,112 sqft

$1,500,000

20 Samson Lane, Middletown RI, 02842

Price per sqft$482.01
Built in1992
Property size3,112 sqft
Property typeResidential

Overview

Pending

Listed Aug 26, 2026

Updated 20h ago

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.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1421640

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.47 Acres

Other Property Details

Taxes
$7,933
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of eXp Realty, 401-593-1129

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 1:32 PM UTC, 9/17/2026.

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