Price Reduced 8.33%


Price History

$1,080,000
3/20/2024

$990,000
5/2/2024


25 Annandale Road, Newport, RI, 02840

25 Annandale Road, Newport, RI, 02840

6 rooms

2 beds

2 Full baths

1900

Welcome to 25 Annandale Road in the picturesque coastal town of Newport, Rhode Island. This unique property presents an exceptional opportunity, whether you're searching for a serene second home or a principal residence. Currently structured as a two-family home, offering versatility and potential. With a shared front entry foyer, the layout is seamless, featuring individual living rooms, eat-in kitchens, comfortable bedrooms, and bathrooms with tub/shower combinations in each unit. Enjoy outdoor living with large decks off each unit overlooking the large private, fenced yard. The location is simply unbeatable; find yourself within an easy stroll to an array of fine dining, boutique shopping, iconic tennis courts, the scenic Cliff Walk, and the sun-soaked beach. Parking is a breeze with four off-street spaces available off Lowndes Street and the possibility to expand further. A full basement offers extensive storage possibilities, while two hot water heating systems with tankless water guarantee comfort and efficiency. Each unit also boasts its own electric meter, with circuit breaker panels in the unit, ensuring practicality and convenience. While the property could benefit from some updating, the investment promises to enhance the charm and value of this delightful residence. Envision living in one unit while drawing income from the other or providing a luxurious guest space for visiting family and friends. Your coastal dream home awaits!


Status:

Active

Type:

Multi-family

Laundry Remarks:

Common Area

Units:

2

Zoning:

R10

Subdivision:

Corner of Annandale Rd & Lowndes St

Garage:

No Garage

Heating:

Baseboard, Hot Water, Oil

Cooling:

None

Basement:

Exterior Entry, Full, Interior Entry, Unfinished

Parking:

4-car

Acreage:

0.14

Est. Taxes:

$6,582

Assessment

$1,083,200

Construction

Drywall,Plaster,Shingle Siding,Wood Siding

Utilities

Sewer Connected

Lot Description:

Corner Lot

Amenities:

Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

Days on Market:

37

Appliances:

Dryer, Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer

MLS #:

1355213


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