Newport, RI 02840,668 Thames ST
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Newport, RI 02840,668 Thames ST
Newport, RI 02840,668 Thames ST
Newport, RI 02840,668 Thames ST
Newport, RI 02840,668 Thames ST

$1,750,000

Est. payment /mo

$1,800,000

2.8%
Est.Price: ?

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668 Thames ST Newport, RI 02840

6 Beds

3 Baths

2,764 SqFt

SOLD DATE : 08/27/2024

Key Details

Sold Price $1,750,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,764 sqft

Price per Sqft $633

Subdivision Fifth Ward

MLS Listing ID 1354752

Sold Date 08/27/24

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,764

Year Built 1900

Annual Tax Amount $5,297

Tax Year 2023

Lot Size 2,574 Sqft

Acres 0.0591

Property Description

Welcome to a unique investment opportunity at 668 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport's bustling tourism market. The first-floor unit commands an impressive $3,200 monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual use adding value and convenience for tenants or personal storage.You are within walking distance to an array of downtown amenities. Indulge in local restaurants, lush parks, prestigious yacht clubs, and marinas all contributing to the allure of this prime real estate offering. Don't miss out on this versatile property that promises a blend of steady income and delightful living.

Location

State RI

County Newport

Community Fifth Ward

Zoning LB

Rooms

Basement Full, Unfinished

Interior

Interior Features Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower

Heating Gas, Hot Water

Cooling None

Flooring Ceramic Tile, Hardwood

Fireplaces Type None

Fireplace No

Window Features Skylight(s)

Appliance Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Washer

Exterior

Garage Detached

Garage Spaces 4.0

Community Features Sidewalks

Utilities Available Sewer Connected

Waterfront Description Walk to Water

Total Parking Spaces 5

Garage Yes

Building

Lot Description Corner Lot

Foundation Stone

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Drywall,Plaster,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 668THAMESSTNEWP

Financing Cash

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Listed by RE/MAX Profnl. Newport, Inc.
Bought with RE/MAX Profnl. Newport, Inc.

Emilio DiSpirito

License Partner | Private Office Advisor | License ID: S35582

+1(401) 359-2338

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