18 Rhode Island Ave

Newport, RI 02840 View Map $2,125,000 Ask a Question
Beds8
Baths4Full11/2
Sq.Ft. Lot10,568
Year1880
Jason Quinn

Jason Quinn

(401) 450-1243

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Status: Sold
Property Type:3-Family
MLS #:1355846
Sq. Feet:4,871
Date Sold:5/31/2024
Lot Size:10,568 Sq. Ft.
County:Newport
Welcome to this gracious and expansive Victorian home spanning over 4800 sq ft, ideally located within walking distance to town. Built in the 1880s, this property exudes charm with its wraparound porch and original details throughout. Currently configured as a three-family dwelling, this property offers versatility as it can easily be converted back to a single-family home. Unit One is generously sized with two floors of living and features a living room, dining room, den, well-appointed kitchen, and 4 bedrooms and 2 baths. The second unit is a bright and spacious studio with a large modern bathroom and an updated kitchen that opens to a private deck. The third unit boasts three bedrooms, a living room, dining area, updated kitchen, and bathroom. Additionally, there's walk-up access to a rooftop deck offering stunning views of the Newport Bridge. Gorgeous hardwood floors are showcased throughout the home. All utilities have been updated, each unit is separately metered and includes its own laundry facilities. Outside, the beautifully landscaped yard features a paved driveway and a spacious fenced lot with parking for up to 8 cars. This property is a rare find and offers endless possibilities for both investors and homeowners alike.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/31/2024$2,000,000$2,125,0006.3%

Community Information

Address:18 Rhode Island Ave, Newport, RI 02840
County:Newport
City:Newport
Neighborhoods:Kay/Broadway
Zip Code:02840

Architecture

Bedrooms: 8
Bathrooms: 4 Full / 1 Half
Year Built:1880
Stories:4
Style:Apartment
Construction Materials: Drywall, Plaster, Wood Siding
Building Area: 4871.0
Number of Buildings: 1
Foundation: Concrete Perimeter, Stone
Basement: Exterior Entry, Full, Interior Entry, Unfinished
Parking Total: 8.0

Features / Amenities

Interior Features: Tub Shower
Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Flooring: Hardwood Floors, Marble
Laundry: In Unit
Exterior Features: Balcony, Porch, Patio, Paved Driveway
Patio And Porch: Balcony, Patio, Porch
Spa: Hot Tub
Door Features: Storm Door(s)
Security Features: Security System Owned
Window: Thermal Windows
Cooling: Window Unit(s)
Heating: Gas, Hot Water
Total Rooms:15

Square Footage

Finished Sq. Ft.
Above Grade 4871
Below Grade 0
Total 4871

Property Features

Lot Size: 0.24 Acres / 10,568 Sq. Ft.
Lot Features: Paved
Waterfront: Walk to Water
Utilities: Sewer Connected
Sewer: Connected, Public Sewer
Water: Multiple Meters, Public
Electric: Circuit Breakers, Fuses, Generator
Fencing: Fenced
Zoning:R10

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $7,642
Buyer Financing: Conventional
Operating Expense: $5,600
Tenant Pays: Hot Water

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 6/25/2024
Listing provided courtesy of RE/MAX Results (401-848-7827).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than The Quinn Group at REMAX RESULTS are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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