$2,900,000

7 Bedrooms Single Family Detached

  • 7 Beds
  • 9 Baths
  • 5,331 Sqft
  • 5,228 Sqft lot
  • Updated: July 1
  • MLS#1406495

About the Property

Welcome to an exceptional Newport investment opportunity. This beautifully updated property features 12+ rooms, including 6 bedrooms and 8.5 baths, and holds the valuable City of Newport Transient Guest Facility Certificate. Each guest room includes its own private full bath, offering an ideal setup for high-quality guest stays. Recent upgrades include a full fire sprinkler and alarm system, new w
Welcome to an exceptional Newport investment opportunity. This beautifully updated property features 12+ rooms, including 6 bedrooms and 8.5 baths, and holds the valuable City of Newport Transient Guest Facility Certificate. Each guest room includes its own private full bath, offering an ideal setup for high-quality guest stays. Recent upgrades include a full fire sprinkler and alarm system, new water/sewer and dedicated sprinkler lines, updated HVAC/mini-splits, new roof and decks, interior painting, many replaced windows, new flooring, and more truly a turnkey offering. Located in a prime walkable area, guests enjoy easy access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street dining and shops, beaches, historic mansions, and top attractions. The property has a strong history of unique bookings, including movie crews, wedding parties, family reunions, tennis enthusiasts, and NYC getaway groups. With 7 off-street parking spaces, the possibilities for continued revenue growth are endless. Newport attracts over 3.5 million visitors annually and is one of the East Coast’s top wedding destinations. Its proximity to NYC, Boston, and Providence Airport ensures convenient year-round travel. With its active Newport license, this property can welcome daily guests throughout the year. Detailed financials available upon request. Showings coordinated with the listing agent.
  • Property type

    House

  • Year built

    1863

  • Price/sqft

    $543

Features

  • Fireplace
  • Investment Property
  • Parking

Explore the Area

28 Weaver Avenue, Newport, RI 02840, Rhode Island, United States View on Google Maps
Price per sqft
Low
High

View 94 more listings in Newport

Newport - Newport

Joined 6 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Newport - Newport
Rhode Island, United States
View agency profile
2
Listings
2021
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Newport - Newport
Newport - Newport
8 Freebody St Ste 3, 02840, Newport, Rhode Island, United States
View agency profile
Last updated
July 1
First listed
Mar 23
Listing reference
9erccy
Call

Start phone call with:

Hello, I’m calling for the property with the reference 9erccy, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with