Jennifer Faga
32 Houston Avenue, Newport, RI, 02840
13 rooms
5 beds
3 Full baths
1880
Stacked
Rare three-family home in Newport's Fifth Ward set on an oversized 8,500+ square foot lot, just six doors from King Park and Newport Harbor. A short walk brings you to Thames Street, downtown, and some of the area's best dining, shops, beaches, NYYC, Ida Lewis YC, and more. One of Newport's most walkable and desirable coastal neighborhoods. The property features an updated first-floor three-bedroom unit with in-unit laundry, along with two well-maintained one-bedroom units on the second and third floors. Two of the three units currently have leases in place, offering immediate income with flexibility moving forward. Whether maintained as a multi-family investment, repositioned to increase rental potential, or converted into a larger single-family residence, the property offers multiple paths depending on your goals. The expansive lot provides ample off-street parking and presents additional opportunity for outdoor improvements, a garage, or future expansion. A strong offering in a PRIME location, with both current income and long-term upside.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Furnished
Laundry Remarks:
Common Area,In Unit
Units:
3
Zoning:
R10
Garage:
No Garage
Heating:
Baseboard, Gas, Hot Water
Cooling:
Window Unit(s)
Basement:
Full, Unfinished, Walk-Out Access
Parking:
8-car
Acreage:
0.2
Est. Taxes:
$9,402
Assessment
$1,082,100
Construction
Drywall,Vinyl Siding
Utilities
Sewer Connected
Amenities:
Marina, Pool, Recreation Area, Restaurant, Shopping
Days on Market:
10
Appliances:
Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Trash Compactor, Washer
MLS #:
1410680
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of RE/MAX Results Greenville 401-848-7827