Here is a gorgeous General Business (GB) zoned property currently being utilized as a very lucrative and legal Airbnb that generates exceptional cash flow with fabulous touches throughout and off street parking right in the middle of downtown Newport! This is a special and unique property with several bookings already established for the year! Owner is a licensed real estate broker.
Sold for $1,200,000 on 06/14/23
$1,200,000
18 Memorial Blvd W, Newport, RI 02840
2beds
1,620sqft
Single Family Residence
Built in 1820
2,291.26 Square Feet Lot
$-- Zestimate®
$741/sqft
$2,906 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 15, 2023 at 07:15am
Listed by:
Kyle Costa 508-971-0620,
Bay Shores Real Estate
Bought with:
Kyle Costa, REC.0018206
Bay Shores Real Estate
Source: StateWide MLS RI,MLS#: 1333028
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Floors), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Full,Bulkhead,Unfinished,Storage Space
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,620 sqft
- Finished area above ground: 1,080
- Finished area below ground: 540
Property
Parking
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: Barbecue
- Fencing: Fenced
- Waterfront features: Walk to Salt Water
Lot
- Size: 2,291 sqft
- Features: Local Historic District, Sidewalks
Details
- Foundation area: 540
- Zoning: GB
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Plaster, Shingles
- Foundation: Stone
Condition
- New construction: No
- Year built: 1820
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Municipal
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Marina, Recreational Facilities, Restaurants, Near Shopping, Tennis
Location
- Region: Newport