The c1745 Benjamin Norton House is a well maintained, legal 4 unit in Historic Hill. Located steps from Thames St, this General Business zoned property is perfect for an investor, owner occupy, or short -term rental potential. The first floor offers (2) one-bedroom, one-bath units with great light, high ceilings, and plenty of space. Second floor offers a spacious 1200sf, two-bedroom, one bath unit. Third floor is another large one-bedroom, one bath unit. All units currently occupied. Other features include two tandem off-street parking spaces in the rear and a newer gas heating system.
For sale
$1,795,000
27-29 Franklin St, Newport, RI 02840
5beds
3,445sqft
Est.:
Multi Family
Built in 1745
-- sqft lot
$-- Zestimate®
$521/sqft
$-- HOA
What's special
High ceilingsGreat light
- 1 day
- on Zillow |
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Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 03:08pm
Listed by:
Mike Sweeney 401-849-3000,
Gustave White Sotheby's Realty
Source: StateWide MLS RI,MLS#: 1391417

Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater, Dishwasher, Oven/Range, Refrigerator
Features
- Wall (Dry Wall), Wall (Plaster), Skylight, Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Hardwood, Laminate, Vinyl, Carpet
- Windows: Skylight(s)
- Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 2,758
- Total interior livable area: 3,445 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Features
- Stories: 3
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 2,535.19 Square Feet
- Features: Local Historic District
Details
- Zoning: GB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Clapboard
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1745
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Hospital, Marina, Private School, Public School, Restaurants, Near Shopping, Tennis
- Subdivision: Historic Hill
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $521/sqft
- Annual tax amount: $9,382
- Date on market: 8/2/2025
- Inclusions: Unit 1R @ $1200/mo. expires 4/30/26 Unit 1L @ $1000/mo. expires 4/30/26 Unit 2 @ $1600/mo. expires 9/1/25 Unit 3 @ $800/mo. expires 5/31/26 Shared driveway/ROW for property in rear.
- Total actual rent: 4600
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