Price Reduced 1.11%

$889,000 ($457.30 per sqft)

Est. Mortgage $4,437/mo *

Quick Pre-Approval

Price History

$899,000
2/14/2024

$889,000
5/22/2024


75 Malbone, Newport, RI, 02840

75 Malbone, Newport, RI, 02840

10 rooms

4 beds

2 Full baths

1940

1,944 sqft

Welcome to this exceptional opportunity to own a highly desirable 2-family multi-unit property located in beautiful Newport, Rhode Island. This well-maintained gem is perfectly situated within walking distance of not only the Newport Navy base, but also Newport Hospital, making it an ideal investment opportunity. The location is also just minutes away from the vibrant downtown area, historic landmarks, world-class dining, not to mention breathtaking coastal views. The property offers two units, which both contain two bedrooms, one full bathroom and 972 square feet of space. Providing comfortable, versatile living space for new owners to enjoy. The upstairs unit features a lovely balcony area perfect to enjoy personalized outdoor space. Both units conveniently offer onsite laundry, a shared yard perfect for relaxing and additional storage space in the shared basement. Both the units have month to month tenants, property can be delivered vacant.


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

R10

Heating:

Oil

Cooling:

Window Unit(s)

Basement:

Full

Levels:

3

Parking:

4-car Off Street, Assigned

Acreage:

0.08

Est. Taxes:

$3,924

Assessment

$613,600

Construction

Frame

Lot Description:

Gentle Sloping

Middle School:

Thompson

High School:

Rogers High

Appliances:

Range, Oven, Dishwasher, Refrigerator, Washer, Dryer

MLS #:

1352865

Buyer Agent Compensation:

2

Facilitator Compensation:

0

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Castle Keep Realty Corp. Phone: 401-846-0386