$790,000

Multi Family In Newport

  • 4 Beds
  • 3 Baths
  • 1,744 Sqft
  • 7,452 Sqft lot
  • Updated: Yesterday
  • Source:
    StateWide MLS  MLS#1424235

About the Property

Excellent one level duplex at an amazing price offers two spacious residential units, strong rental income, ample parking, and future expansion potential. Unit A features 2 bedrooms and 2 full baths, while Unit B offers 2 bedrooms and 1 full bath. Both units have desirable features including fireplaces, hardwood floors, large kitchens, and comfortable single-level living. Each side has separately
Excellent one level duplex at an amazing price offers two spacious residential units, strong rental income, ample parking, and future expansion potential. Unit A features 2 bedrooms and 2 full baths, while Unit B offers 2 bedrooms and 1 full bath. Both units have desirable features including fireplaces, hardwood floors, large kitchens, and comfortable single-level living. Each side has separately metered gas and electric and a full, concrete basement. Currently producing $4,500 per month or $54,000 annually in gross rental income. Excellent additional rent potential with minor cosmetic improvements and updates. An outstanding opportunity for an owner-occupied duplex, multifamily investment property, or year-round rental. Conveniently located near the Naval Station Newport, downtown Newport, local beaches and waterfront access, making this an attractive option for military personnel, professionals, commuters, and long-term renters seeking proximity to Newport and Narragansett Bay.
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  • Property type

    Other

  • Floors

    1

  • Year built

    1981

  • Price/sqft

    $452

Features

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23 Butler Street, Newport, Rhode Island, United States View on Google Maps
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Flagship Real Estate Advisors - Narragansett

Joined 9 months ago
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Flagship Real Estate Advisors - Narragansett
Rhode Island, United States
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17
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2025
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Flagship Real Estate Advisors - Narragansett
Narragansett, Rhode Island, United States
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Last updated
Yesterday
First listed
September 24
Listing reference
1424235
Listing status
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