374 Spring Street

Newport, RI, 02840

$800,000

$232 per ft²
$800,000
$232 per ft²
Pending
Pending
 - For Sale
beds
5 Beds
baths
2 Baths
carpenters-square
3,444 ft²
property_type
Multi-family
calendar
Built 1900
This renovated two family in the heart of downtown Newport makes a great investment. Both units have been updated with stylish decor, new kitchens and baths, in unit laundry, ductless A/C and other mechanical updates. Other features include bright rooms, tasteful paint colors throughout and hardwood floors. With proven rental history yearly and seasonally, there is great income potential if you choose to rent both units, or live in one unit and rent the other. Foundation needs repair and included in the disclosure. Structural Engineer quote to be provided upon request. Rental Info 2022: Unit 1- Summer $5750/month Winter- $2400 Unit 2- Summer $3750/month Sept 1 to Annual Lease- $2225 Unit 1 is available to immediate move in and vacant for the summer. It is rented for winter 2022-2023. Unit 2 is fully rented until Sept 2023.
MLS® ID:
1310336
Listed:
5/15/22
Updated:
6/25/22

Interior Features

Kitchen Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
Total Bedrooms
5
Full Bathrooms
2
Interior Features
Tub Shower, Furnished
Laundry Description
In Unit
Floor Description
Hardwood
Cooling
Ductless
Heating
Electric, Individual, Oil, Zoned

Exterior/Building Features

Lot Size
2,687 ft² lot
Exterior Features
Porch
Lot Details
Corner Lot
Sewer
Connected

Other Property Details

Taxes
$5657
Tax Frequency
per YEAR
HOA Amenities
Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Attached Garage
No
Parking
No Garage
View
N
County
Newport
Utilities
Sewer Connected
Water Source
Connected
Pool
No
Total Stories
2
Zoning
R10

Property History

Date
Event
Price
Value
6/13/22
Pending
-
-

 

Courtesy of Compass Real Estate, LLC

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 5:21 PM UTC, 6/25/22.

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