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24 Brinley Street, Newport, RI 02840
$1,500,000
24 Brinley Street, Newport, RI 02840View this property at 24 Brinley Street, Newport, RI 02840
24 Brinley StreetNewportRI02840
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Property Description
Don't miss this exceptional opportunity to own a piece of real estate in a coveted neighborhood. Whether you're looking for a profitable investment or a place to call home, this 6-UNIT MULTI-FAMILY property with condo conversion potential offers the best of both worlds. There are (6) one bedroom / one bath units plus a third-floor office with full bath. Off-street parking, SEPARATE UTILITIES, freshly painted exterior, full basement with coin-op washer and dryer, and outdoor deck space for each unit. Rents are below market rate. (1) vacant unit, (3) month-to-month units and (2) units with leases. This property boasts a convenient location in the Kay/Catherine neighborhood, close to essential and recreational amenities such as Bellevue Avenue Shopping Plaza and downtown Newport.
Full Property Details
Full Property Details for 24 Brinley St
General
- Sold For: $1,500,000
- Taxes: $9,874 (2024)
- Status: Closed
- Type: Commercial Residential Facility
- MLS ID: 1345252
- Added to Site: 195 day(s) ago
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Tennis: Yes
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
Parking
- Total Spaces: 5
Location
- County: Newport
- Subdivision: Kay/Catherine
Heating & Cooling
- Heating Type: Baseboard, Zoned
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Multiple Meters, Public
- Utility Description: Natural Gas Available, Municipal Utilities, Water Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Attached
- Stories/Levels: 3
- Building Size: 3987
- Finished Total: 3,987 Sq. Ft.
- Finished Above Grnd: 3,987 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Sq. Ft.): 5,114
- Lot Size: 5114
- Frontage: City Street
- Sidewalks: Yes
- Potential Use: Multi-Family, Residential, Single Family
Financial Considerations
- Tax Amount: $9,874
- Tax Year: 2024
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Taxes, Trash Collection
- Tenant Pays: Electricity, Heat, Hot Water, Water
Disclosures and Reports
- Compensation Comments: 2.5% variable net sale less and seller credits or concessions at closing.
- Inclusions: Coin-op Washer and Dryer (one set) (6) Refrigerators (6) Stoves/ranges (1) Dishwasher (6) Water heaters
- Property ID: 24BRINLEYSTNEWP
- Lot Number: 30
Listed and Sold by Gustave White Sotheby's Realty
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Schools
Schools serving 24 Brinley St
School District:Newport Schools
Rating | Name | Grades | Distance |
---|---|---|---|
15 Wickham Rd, Newport, RI 02840 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24 Brinley St
Date
Details
Price
Change
Source
3/15/2024
Sold
$1,500,000
-6.25%
MLS
12/06/2023
Price Reduced
$1,600,000
-5.88%
MLS
10/15/2023
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
24 Brinley Street, Newport, RI 02840 (MLS# 1345252) is a Commercial Residential Facility property that was sold at $1,500,000 on March 15, 2024. Want to learn more about 24 Brinley Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.