668 Thames Street, Newport, RI, 02840

668 Thames Street, Newport, RI, 02840

12 rooms

6 beds

3 Full baths

1900

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.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

LB

Subdivision:

Fifth Ward

Garage:

4-car Detached, Garage

Heating:

Gas, Hot Water

Cooling:

None

Basement:

Full, Unfinished

Parking:

5-car

Acreage:

0.06

Est. Taxes:

$5,297

Assessment

$1,290,800

Construction

Drywall,Plaster,Vinyl Siding

Utilities

Sewer Connected

Lot Description:

Corner Lot

Amenities:

Sidewalks

Days on Market:

13

Appliances:

Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Washer

MLS #:

1354752


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of RE/MAX Profnl. Newport, Inc. Phone: 401-849-0100