Under Contract

18 Rhode Island Avenue

Newport RI, 02840

$2,000,000


$410.59 per sqft

Under Contract

8 Beds

4.5 Baths

4,871 sqft

Multi-family

Built in 1880

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.

1355846

MLS ID

April 4, 2024

Listed

April 12, 2024

Updated

Map

18 Rhode Island Avenue
Newport RI, 02840

Interior Features

Total Stories

4


Bedrooms

8


Total Bathrooms

4.5


Interior Features

Tub Shower


Appliances

Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer


Laundry Description

In Unit


Floor Description

Hardwood, Marble


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Gas, Hot Water

Exterior/Building Features

Lot Size

0.24 Acres


Exterior Features

Balcony, Porch, Patio, Paved Driveway


Lot Features

Paved


Sewer

Connected, Public Sewer

Other Property Details

Taxes

$7,642


Tax Frequency

Annually


Days on Market

7


Association Fee Frequency

Yearly


Garage

No


Parking

No Garage


Parking Total

8


View

No


County

Newport


Water Source

Multiple Meters, Public


Pool

No


Waterfront

Yes


Zoning

R10


Buyer Agency Compensation

2.5% net sale

Listing History

Date

Event

Price

4/11/2024

Under Contract

 

Courtesy of RE/MAX Results

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.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 7:49 PM UTC, 4/12/2024.

Powered byLuxury Presence