Real Estate For Sale in...
 

43 Farewell Street, Newport, RI 02840

$925,000
Multi Family MLS# 1176335 ID: 48376052
$925,000 Get Rates

Up/Down - Newport, RI
Large Downtown Newport 8 bedroom 5 full bath multi-family currently on the seasonal rental cycle with projected rents of $75K- $80K annually! Situated in an ideal downtown location providing investors the flexibility to capitalize on seasonal rentals or yearly! A one minute walk to Thames or Washington Square but just north of the downtown traffic. An easy commute to the Newport Bridge or Navy Base. The property provides 6 off street parking spots, 2 brand new modern kitchens, spacious bedrooms, separately metered utilities, brand new gas heating system, large front porch, and new stone patio and landscaping! Built in 1810 this classic mansard roofed 2 family is full of period details that reflect it's historic character but sits just outside the historic zone and not in a flood zone reducing annual costs. The first floor unit has 3 large bedrooms and one bath with private entrance. The second and third floor unit has 5 bedrooms, 4 full baths, private entrance, 2 living rooms and bar with stove top on the third floor makes this layout ideal for roommates! Rental rates below reflect this winter's leases only September 2017-May 2018.

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Location Information near 43 Farewell Street
Offered by Robert Swift at Kavanaugh Grant Real Estate

Would you like more information regarding this property?
Please call (401) 608-2704.

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Property Features for 43 Farewell Street
Status
Market Status
Available
Last Updated
January 12, 2018
Description
Property Type
Multi Family
Year Built
1810
Approx. Lot Size
0.09 Acres
Sq. Feet
3,382

Appliances

  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Dryer

Building Features

  • Basement

Exterior Features

  • Exterior Construction: Masonry
  • Parking: 6 spaces
  • Patio
  • Porch/Deck

Interior Features

  • Floors: Hardwood

Legal/Financial

  • Taxes: 5376 (2016)

Listing Features

  • Property Type: MultiFamily; Up/Down
  • Robert Swift
  • Kavanaugh Grant Real Estate

Data Provided by:
State Wide MLS of Rhode Island, Inc.

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More information about this $925,000 Multi Family at 43 Farewell Street

This $925,000 Multi Family at 43 Farewell Street in Newport, RI is presented by Robert Swift. This $925,000 Multi Family, located in the 02840 zip code, has the following property features: Basement, Parking, Washer, Microwave. This 43 Farewell Street Multi Family, located in Newport County , is listed under MLS listing number 1176335 and has a listing price of $925,000. You can find more NEWPORT homes for sale here.