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668 Thames Street, Newport, RI 02840
$1,800,000
668 Thames Street, Newport, RI 02840View this property at 668 Thames Street, Newport, RI 02840
668 Thames StreetNewportRI02840
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Property Description
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.
Full Property Details
Full Property Details for 668 Thames St
General
- Price: $1,800,000
- Taxes: $5,297 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 1354752
- Updated: 3/15/2024
- Added to Site: 55 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Washer
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 5
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: Fifth Ward
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Hot Water
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Windows: Skylight(s)
- Stories/Levels: 3
- Building Size: 2764
- Finished Total: 2,764 Sq. Ft.
- Finished Above Grnd: 2,764 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.0591
- Lot Size (Sq. Ft.): 2,575
- Lot Size: 2575
- Sidewalks: Yes
- Lot Features: Corner Lot
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $5,297
- Tax Year: 2023
Disclosures and Reports
- Compensation Comments: Compensation to exclude any seller pre paid closing costs or credits
- Property ID: 668THAMESSTNEWP
- Lot Number: 27
Listed by RE/MAX Profnl. Newport, Inc.
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Schools
Schools serving 668 Thames St
School District:Newport Schools
Rating | Name | Grades | Distance |
---|---|---|---|
15 Wickham Rd, Newport, RI 02840 | 9-12 | 0.6 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 668 Thames St
Date
Details
Price
Change
Source
3/15/2024
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 668 Thames St
668 Thames Street, Newport, RI 02840 (MLS# 1354752) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 668 Thames Street is currently listed for $1,800,000 and was received on March 15, 2024. Want to learn more about 668 Thames Street? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.