60 Warner Street

Newport, RI, 02840

$995,000

$267 per ft²
$995,000
$267 per ft²
Pending
Pending
 - For Sale
beds
5 Beds
baths
4 Baths
carpenters-square
3,721 ft²
property_type
Multi-family
calendar
Built 1907
RARE 6-unit investment opportunity (7-bedrooms and 6-baths) located near Downtown Newport, Broadway restaurants, Newport Harbor and the Newport Bridge. Of the six units, two are occupied (month-to-month) and one is vacant and needs some final touches to complete renovation. The remaining three units have been taken down to the studs and are ready for the next owner to complete. There is off street parking available plus the option to add more parking behind the building. Once fully renovated, speculative annual rental income is upwards of $115,000. The rental market is a booming one, don't miss your chance to acquire a six unit multi-family in Newport, RI.
MLS® ID:
1307498
Listed:
5/2/22
Updated:
6/25/22

Interior Features

Kitchen Appliances
Oven, Range, Refrigerator, Water Heater
Total Bedrooms
5
Full Bathrooms
4
Interior Features
Attic, Permanent Attic Stairs, Tub Shower
Laundry Description
Common Area
Floor Description
Carpet, Hardwood, Laminate
Fireplace
None
Cooling
None
Heating
Baseboard, Gas

Exterior/Building Features

Lot Size
5,533 ft² lot
Architectural Style
Apartment
Sewer
Connected, Public Sewer

Other Property Details

Taxes
$9611
Tax Frequency
per YEAR
HOA Amenities
Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
Attached Garage
No
Parking
No Garage
Parking Total
3.0
View
N
County
Newport
Utilities
Sewer Connected
Water Source
Connected, Public, Water Tap Fee
Pool
No
Total Stories
3
Zoning
R10

Property History

Date
Event
Price
Value
5/6/22
Pending
-
-

 

Courtesy of Gustave White Sotheby's Realty

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2022 State-Wide MLS, Inc. All rights reserved.

Data last updated 4:21 PM UTC, 6/25/22.

Contact