20 Samson Lane, Middletown, RI 02842

• 5 beds |
• 3 baths |
• 3,112 sqft

Property Description

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.

Listing Status:

Active

Date Added:

June 8, 2026

Data Last Updated:

July 30, 2026 at 8:18PM

Listing Office:

eXp Realty : 888-315-3445

MLS ID:

1414479

Interior

• General: Cable TV
• Appliances: DryerDishwasherElectric Water HeaterMicrowaveOvenRangeRefrigeratorWasher
• Basement: Exterior EntryFullInterior EntryPartially Finished
• Flooring: HardwoodVinyl
• A/C: Ductless
• Heating: ElectricGasHeat PumpHot Water
• Fireplace: Fireplaces: 0

Exterior

• General: DeckPaved Driveway
• Style: Colonial
• Other Structures: Deck
• Parking: AttachedGarageGarage Door OpenerParking spaces: 6

Construction

• General: DrywallShingle SidingVinyl SidingWood Siding2Concrete Perimeter

Location

• Originating MLS: RIS_RIS
• County: Newport

Lot

• Zoning: 20SAMSONLANEMDLT

Utilities

• Utilities: Sewer ConnectedUnderground Utilities100 Amp Service
• Water: Connected
• Sewer: Connected

Financial

• Source: RIS_RIS