$1,390,000
$1,390,000
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7 Bayview AVE Newport, RI 02840
9 Beds
3 Baths
5,220 SqFt
Key Details
Sold Price $1,390,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,220 sqft
Price per Sqft $266
Subdivision Off Broadway
MLS Listing ID 1351320
Sold Date 01/19/24
Bedrooms 9
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 5,220
Year Built 1900
Annual Tax Amount $6,312
Tax Year 2021
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Great opportunity as an investment property or owner-occupied property with solid rental income of $7800 per month and potential for more. It is a large and spacious 3-family with over 1700 square feet per unit and over 5200 square feet in total. The units are in good condition and have in-unit washer/dryer. There are 3 bedrooms in each unit with potential for a fourth in each with little to no work. Also, it is located in close walking distance to restaurants, bars, and entertainment on Broadway and downtown. All utilities separate.
Location
State RI
County Newport
Community Off Broadway
Rooms
Basement Full, Unfinished
Interior
Heating Gas
Cooling None
Flooring Carpet, Hardwood
Fireplace No
Appliance Gas Water Heater
Exterior
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 7BAYVIEWAVNEWP
Financing Conventional
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Bought with Edge Realty RI