$2,600,000

Multi Unit Newport United States

  • 8 Beds
  • 3 Baths
  • 2,918 Sqft
  • 7,536 Sqft lot
  • Updated: November 1
  • MLS#1427366

About the Property

A unique opportunity in one of Newport’s most historic and desirable neighborhoods! Located on The Point, this substantial multi-family property offers an extraordinary combination of space, land, and potential. Spanning three floors with nearly 3,000 square feet of living space, the property features two legal units, totaling 8 bedrooms and 3 full bathrooms, with one full bathroom on each floor.
A unique opportunity in one of Newport’s most historic and desirable neighborhoods! Located on The Point, this substantial multi-family property offers an extraordinary combination of space, land, and potential. Spanning three floors with nearly 3,000 square feet of living space, the property features two legal units, totaling 8 bedrooms and 3 full bathrooms, with one full bathroom on each floor. The existing layout also offers the potential to be easily converted into an impressive single-family residence, providing flexibility for a variety of uses and visions. The oversized lot, measuring over 7,500 square feet, is an exceptional find for the area and provides possibilities rarely found in this location. Additional highlights include a four-bay garage and an expansive driveway with parking for approximately eight vehicles. Just blocks from downtown Newport, the Newport Shipyard, harbor, shops, and restaurants, with easy access to the Newport Bridge, the location offers convenience to everything Newport has to offer. This property is in need of a complete renovation and is ready for its next chapter. Whether you’re an investor, contractor, or buyer with a vision, this is a rare opportunity to reimagine a property in one of Newport’s most sought-after neighborhoods. Bring your ideas and unlock the full potential of this exceptional property.
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  • Property type

    Other

  • Year built

    1857

  • Price/sqft

    $891

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27 Elm Street, Newport, Rhode Island, United States View on Google Maps
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Jesse Ross
Rhode Island, United States
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Hogan Associates Christie's International Real Estate - Middletown
Hogan Associates Christie's International Real Estate - Middletown
294 Valley Road, 02842, Middletown, Rhode Island, United States
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Located in Newport and Middletown, Rhode Island, among the country’s most storied gilded age homes, Hogan Associ

Located in Newport and Middletown, Rhode Island, among the country’s most storied gilded age homes, Hogan Associates Christie’s International Real Estate is a leader among Rhode Island luxury brokerages. Our agents are some of the most accomplished high-value specialists in the state with a reputation for quality, integrity, and profound client satisfaction. In partnership with Christie’s, we deliver significant advantages to our seller clients with exquisite, tailored marketing programs that extend around the globe. For buyers, our deep local knowledge and cutting-edge technology means the most direct path to a home that will complement your unique lifestyle. With the global reach of Christie’s world-wide network and a close partnership with Christie’s iconic auction house, our property exposure and search capabilities are second to none. Whether you are a first time buyer or a seasoned investor, we have an agent and a product to serve your needs. When you are ready to discuss your real estate goals, we’ll be standing by to help you get started. 

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Last updated
November 1
First listed
October 31
Agent licence
#45691 (RI)
Listing reference
RISMLS1427366
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