668670 Thames Street, Newport, RI, 02840
16 rooms
8 beds
4 Full baths
1900
Welcome to a unique investment opportunity at 668 & 670 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, or even a family compound. 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. Stroll just a few steps to 670 Thames Street where a single-family cottage awaits, complete with 2 bedrooms, 1 full bath, and airy living space accentuated by vaulted ceilings. A fenced backyard and outbuilding provide a private retreat or additional storage. Each property sits on its own separate lot. 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 these versatile properties that promise a blend of steady income and delightful living.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
4
Zoning:
LB
Subdivision:
Fifth Ward
Garage:
4-car Detached, Garage
Heating:
Gas, Hot Water
Cooling:
None, Window Unit(s)
Basement:
Full, Unfinished
Parking:
6-car
Acreage:
0.11
Est. Taxes:
$8,577
Assessment
$1,806,100
Construction
Drywall,Plaster,Vinyl Siding
Utilities
Sewer Connected
Lot Description:
Corner Lot
Amenities:
Sidewalks
Days on Market:
13
Appliances:
Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
MLS #:
1354604
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of RE/MAX Profnl. Newport, Inc. Phone: 401-849-0100