523 Thames Street

Newport, RI, 02840

$2,250,000

$489 per ft²
$2,250,000
$489 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
6 Baths
carpenters-square
4,596 ft²
property_type
Multi-family
calendar
Built 1899
This property is a legal mixed-use commercial 4 unit building. First floor has a one bedroom apartment and a small office or retail space. Second floor is a 3 bed 1.5 bath apartment and the third floor is a 3 bedroom 2 bath, both of which are rented for short term rentals with proven financial history. Excellent downtown location with 4 parking spots, patio area, deck, and a brand-new heating system and roof. Potential for a roof top deck with harbor views. Don't miss out on this incredible investment opportunity!
MLS® ID:
1315424
Listed:
7/12/22
Updated:
8/8/22

Interior Features

Kitchen Appliances
Dryer, Dishwasher, Electric Water Heater, Refrigerator, Washer
Total Bedrooms
8
Full Bathrooms
5
Half Bathrooms
1
Interior Features
Tub Shower
Laundry Description
Common Area
Floor Description
Hardwood
Cooling
Window Unit(s)
Heating
Gas, Hot Water

Exterior/Building Features

Lot Size
2,614 ft² lot
Architectural Style
Apartment
Sewer
Public Sewer

Other Property Details

Taxes
$12459
Tax Frequency
per YEAR
HOA Amenities
Marina, Shopping
Garage
No
Parking
No Garage
Parking Total
4.0
View
N
County
Newport
Water Source
Public
Pool
No
Zoning
WB

 

Courtesy of RE/MAX Profnl. Newport, Inc.

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 12:49 PM UTC, 8/8/22.

Contact