$865,000
$950,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
3,618 SqFt
SOLD DATE : 01/21/2022
Key Details
Sold Price $865,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,618 sqft
Price per Sqft $239
Subdivision The Point/Washington Square
MLS Listing ID 1292593
Sold Date 01/21/22
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,618
Year Built 1905
Annual Tax Amount $6,829
Tax Year 2020
Lot Size 2,400 Sqft
Acres 0.0551
Property Description
Solid two-family tucked into the Point neighborhood of downtown Newport, just steps from upper Thames Street and Washington Square. This low-maintenance investment property has seen many upgrades over the last 20 years and offers all separate utilities with young boilers, new exterior siding, parking and no lawn to mow. Two spacious units feature separate entrances, double-parlor living spaces, large eat-in kitchens and shared basement laundry. The first floor provides a single-level 2-bed/1-bath with interior access to the basement. The second unit spans over two levels, including 4-bedrooms and 2 full bathrooms. Once operating as a 3-family, the cozy third floor has its own heating zone, full bathroom, plus sitting room with wet bar and Vermont Castings gas stove. Keep long-term tenants for a hassle-free investment or maximize income by shifting to seasonal rentals in 2022.
Location
State RI
County Newport
Community The Point/Washington Square
Zoning R10
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Interior Features Tub Shower
Heating Gas, Hot Water, Zoned
Cooling None
Flooring Hardwood, Vinyl
Fireplaces Number 1
Fireplaces Type Free Standing, Gas
Fireplace Yes
Window Features Storm Window(s)
Appliance Dryer, Dishwasher, Refrigerator, Water Heater, Washer
Laundry Common Area
Exterior
Exterior Feature Porch, Paved Driveway
Community Features Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
Utilities Available Sewer Connected
Waterfront Description Walk to Water
Porch Porch
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Multiple Meters, Public
Structure Type Drywall,Plaster,Clapboard,Shingle Siding,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 44CHARLESSTNEWP
Acceptable Financing Lease, Lease Option
Listing Terms Lease, Lease Option
Financing Conventional
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Bought with First Resort, LLC
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