$2,125,000
$2,000,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
18 Rhode Island AVE Newport, RI 02840
8 Beds
5 Baths
4,871 SqFt
Key Details
Sold Price $2,125,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,871 sqft
Price per Sqft $436
Subdivision Kay/Broadway
MLS Listing ID 1355846
Sold Date 05/31/24
Bedrooms 8
Full Baths 4
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 4,871
Year Built 1880
Annual Tax Amount $7,642
Tax Year 2023
Lot Size 10,567 Sqft
Acres 0.2426
Property Description
Welcome to this gracious and expansive Victorian home spanning over 4800 sq ft, ideally located within walking distance to town. Built in the 1880s, this property exudes charm with its wraparound porch and original details throughout. Currently configured as a three-family dwelling, this property offers versatility as it can easily be converted back to a single-family home. Unit One is generously sized with two floors of living and features a living room, dining room, den, well-appointed kitchen, and 4 bedrooms and 2 baths. The second unit is a bright and spacious studio with a large modern bathroom and an updated kitchen that opens to a private deck. The third unit boasts three bedrooms, a living room, dining area, updated kitchen, and bathroom. Additionally, there's walk-up access to a rooftop deck offering stunning views of the Newport Bridge. Gorgeous hardwood floors are showcased throughout the home. All utilities have been updated, each unit is separately metered and includes its own laundry facilities. Outside, the beautifully landscaped yard features a paved driveway and a spacious fenced lot with parking for up to 8 cars. This property is a rare find and offers endless possibilities for both investors and homeowners alike.
Location
State RI
County Newport
Community Kay/Broadway
Zoning R10
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Interior Features Tub Shower
Heating Gas, Hot Water
Cooling Window Unit(s)
Flooring Hardwood, Marble
Fireplaces Type None
Fireplace No
Window Features Thermal Windows
Appliance Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony, Porch, Patio, Paved Driveway
Fence Fenced
Community Features Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
Utilities Available Sewer Connected
Waterfront Description Walk to Water
Porch Balcony, Patio, Porch
Total Parking Spaces 8
Garage No
Building
Lot Description Paved
Foundation Concrete Perimeter, Stone
Sewer Connected, Public Sewer
Water Multiple Meters, Public
Structure Type Drywall,Plaster,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 18RHODEISLANDAVNEWP
Security Features Security System Owned
Financing Conventional
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Bought with William Raveis Inspire