$1,750,000
$1,800,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
668 Thames ST Newport, RI 02840
6 Beds
3 Baths
2,764 SqFt
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 State-Wide Multiple Listing Service. All rights reserved.
Bought with RE/MAX Profnl. Newport, Inc.