$1,150,000
$1,200,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
3 Baths
3,136 SqFt
SOLD DATE : 09/02/2022
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $366
Subdivision The Point
MLS Listing ID 1317130
Sold Date 09/02/22
Bedrooms 7
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,136
Year Built 1870
Annual Tax Amount $4,155
Tax Year 2021
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Estimated Payment $5,313 Per Month. * 20% Down 30-Year fixed mortgage rate of 5.27% with an APR of 5.28% for those who qualify. * Taxes insurance not included. * Rates As of 08/03/22.
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This unique colonial located in the prestigious Point section of historic and beautiful Newport has been completely remodeled (down to the studs) and is ready for its next owner. Conveniently situated only steps away from everything "America's First Resort" has to offer, this multi boasts a first-floor unit with 2 bedrooms, a 2-level second unit with 4 bedrooms, AND a separate loft cottage. Adorned with shiplap, original woodworking, glass tile, stainless steel appliances, gleaming hardwoods, central air... what more could you want? There are only finishing touches left to complete this project, and the current owner is willing to work with the right buyer to get it there to his/her taste. With an appraisal in hand for $1.3M, this one already has equity built-in, a rare find in this market!
Location
State RI
County Newport
Community The Point
Zoning R10
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Heating Electric, Forced Air
Cooling Central Air
Flooring Carpet, Ceramic Tile, Hardwood
Fireplaces Number 1
Fireplaces Type Gas
Fireplace Yes
Window Features Thermal Windows
Appliance Electric Water Heater
Laundry In Unit
Exterior
Exterior Feature Porch
Community Features Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Utilities Available Sewer Connected
Waterfront Description Walk to Water
Porch Porch
Garage No
Building
Foundation Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Drywall,Plaster,Clapboard
New Construction Yes
Others
Senior Community No
Tax ID 861/2CROSSSTNEWP
Financing Cash
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Bought with Edge Realty RI, LLC
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