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$3,500,000

  • Sold
  • Closed
  • Multi-Family
  • 3 Units
  • 3 Total Beds
  • 1.09 Acres
  • 2 Car Garage
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Rare Opportunity to own "The Boxcroft" built by McKim, Mead and White for Samuel Colman, noted watercolorist and collector. A Grand historical home which was once a beautiful single family home. Now a 7 unit multi family with beautiful, spacious, Sun Filled Apartments. Five Apartments are one bedroom, one is a two bedroom and there is a studio apartment as well. This three level classic 19th Century home, boast 6 fireplaces, (not in use) however make a grand statement in the room. Beautiful Hardwood floors throughout, Gorgeous Entry/Foyer, located on a private fenced lot, consisting of over an acre of land!! All apartments overlook the beautiful fenced in grounds with mature landscaping. One unit has an enclosed porch, on the second floor. Another unit has its own entrance off a private porch and patio! There is also a two car garage with additional parking spaces in the paved driveway for up to 10 spaces. Wonderful quiet neighborhood setting on Red Cross Ave, one of the best streets in Newport, with walking distance to Memorial Blvd, Cliff Walk, Easton's Beach and all Newport has to offer!!

Full Property Details for 7 Red Cross Ave

General

  • Sold For: $3,500,000
  • Taxes: $19,874 (2022)
  • Status: Closed
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1332540
  • Added to Site: 1, 055 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Tub Shower
  • Fireplace: Yes
  • Number of Fireplaces: 6
  • Appliances: Electric Water Heater
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Common Area

Additional Information

  • Tennis: Yes

Exterior

  • Exterior Features: Patio, Paved Driveway
  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 12
  • Parking Features: Built In

Location

  • County: Newport
  • Subdivision: Red Cross

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas, Hot Water

Utilities

  • Sewer: Connected
  • Water: Connected
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Structure Type: Apartment
  • Construction: Brick, Shingle Siding
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
  • Stories/Levels: 3
  • Year Built: 1883

Lot Features

  • Lot Size (Acres): 1.09
  • Lot Size (Sq. Ft.): 47,480
  • Lot Size: 47480
  • Fencing (Description): Fenced

Water Features

  • Water Front Desc.: Walk to Water

Financial Considerations

  • Operating Expenses: $65,000
  • Tax Amount: $19,874
  • Tax Year: 2022

Disclosures and Reports

  • Inclusions: Unit 1, the tenants own the Stove, Refrigerator, Washer/Dryer. replacements are in the basement Unit 2, the tenants own the dishwasher and refrigerator, replacements are in the basement.
  • Property ID: 7REDCROSSAVNEWP
  • Lot Number: 44

Listed by New England Properties
Sold by Lila Delman Compass

Listing agents

— 7 Red Cross Ave —

  • New England Properties

  • New England Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7 Red Cross Ave

School District:Newport School District, Newport, RI
NameGradesDistance
Rogers High School
15 Wickham Road, Newport, RI 02840
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7 Red Cross Ave

Date
Details
Price
Change
Source
7/28/2023
Sold
$3,500,000
—
MLS
4/01/2023
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by New England Properties
Sold by Lila Delman Compass

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7 Red Cross Avenue, Newport, RI 02840 (MLS# 1332540) is a Multi-Family property that was sold at $3,500,000 on July 28, 2023. Want to learn more about 7 Red Cross Avenue? 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.