
$1,675,000 USD
Multi Family Home for Sale, 9 Ann Street, Newport, Rhode Island 02840
- MLS#1412990
- Bedrooms8
- Bathrooms3
- Home/Lot size
393 m² (4,234 ft²)
Listed By Compass
The Multi Family Home for Sale located at 9 Ann Street, Newport, Rhode Island 02840 is currently for sale. 9 Ann Street, Newport, Rhode Island 02840 is listed for $1,675,000. This property has 8 bedrooms, 3 bathrooms.
Property features
Property
- Property size:
393 m² (4,234 ft²) - Features: Laundry Area In BasementBalconyDeckBasement
Lot/Land
- Land/Lot size:
162 m² (1,742 ft²) - Lot description: Sidewalks
Construction
- Year built: 1890
- Construction: Wood
- Basement and foundation: UnfinishedFull Basement
Bedrooms
- Bedrooms: 8
Bathrooms
- Total bathrooms: 3
- Full bathrooms: 3
Interior Features
- Walls: Plaster WallsDrywall Walls
- Windows: Skylights
- Floors: HardwoodCeramic Tile
Exterior Features
- Outdoor spaces: BalconyDeck
- Carport spaces:
Heating and Cooling
- Heating system: Oil
- Cooling system: Window Unit(s)
Description
Rare opportunity to own a well-maintained, income-producing property in a Prime Newport location. The property offers a strong year-round cash flow with a zero-vacancy history. The property has been professionally managed and maintained. Looking to the future, there is potential for an increase in both summer and winter rental income, along with the possible creation of a separate third unit/owners suite on the top floor. This spacious downtown two-family includes a single-level, three-bedroom first-floor unit. The second unit spans the second and third floors and features five bedrooms, two full bathrooms, and a deck. Additional highlights include separate utilities, newer gas heat, and a three-year-old roof. Enjoy an easy walk to restaurants, shops, the waterfront, and downtown Newport attractions.
Location
9 Ann Street, Newport, Rhode Island 02840