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Off market
  • $1,030,400

    27 Merton Rd, Newport, RI 02840

    5beds
    3,594sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $1,030,400 Zestimate®
    $287/sqft
    $3,225 Estimated rent

    Home value

    $1,030,400

    $927,000 - $1.15M

    $3,225/mo

    Zestimate® history
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    $5,000/mo

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    What's special

    Great investment opportunity! Fabulous DEAL in Great location! Walking distance to beaches and Town Center! Mint condition fully rented investment property!Presently $32K net income/per year. 1st floor 1300 sq ft unit with 3 bedrooms, specious living room and kitchen fully aplainced with dishwasher.Laundry room in partially finished basement for exclusive use of this unit. Private deck for exclusive use of this unit. Second floor unit with 950 sq ft features 2 bedrooms, living room and eat-in kitchen. Washer & dryer in unit included. Off street 4 parking spaces and great yard. Updated systems and fully renovated in move in condition.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Other, Gas, Oil
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,594 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: City
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: NEWPM029B0100

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1952

    Community & neighborhood

    Location
    • Region: Newport

    Other

    Other facts
    • Access \ Private Entry
    • Access \ Second Floor Access
    • Amenities \ WaterAmenities \ Walk To Water
    • Amenities \ WaterAmenities \ Walk to Salt Water
    • Appliances \ Laundry \ In Units
    • FeeFrequency \ Monthly
    • FinishedFloor \ Other
    • FireplaceUsageAllowed \ 0
    • Flooring \ FinishedFloor \ Hardwood
    • Flooring \ FinishedFloor \ Other
    • Furnished \ 0
    • Heating and Cooling \ HeatingFuel \ Gas
    • Heating and Cooling \ HeatingSystem \ Forced Water
    • Heating: Gas
    • HeatingSystem \ Forced Water
    • HotWater \ Tenant Pays
    • InsuranceRequired \ 0
    • Laundry \ In Units
    • Location \ Near \ Bus
    • Location \ Near \ Hospital
    • Location \ Near \ Private School
    • Location \ Near \ Public School
    • Location \ Near \ Recreational Facilities
    • Location \ Near \ Schools
    • Location \ Near \ Shopping
    • Location \ Near \ Swimming
    • Location \ Near \ Tennis
    • MLS Listing ID: 1263059
    • MLS Name: Statewide MLS RI ZDD (Statewide MLS RI ZDD)
    • Near \ Bus
    • Near \ Hospital
    • Near \ Private School
    • Near \ Public School
    • Near \ Recreational Facilities
    • Near \ Schools
    • Near \ Shopping
    • Near \ Swimming
    • Near \ Tennis
    • Other Building Features \ PetsAllowDesc \ Pets Negotiable
    • Other Building Features \ PetsAllowed \ 1
    • Other Building Features \ SmokingAllowed \ 0
    • Other Exterior Features \ Exterior \ Vinyl Siding
    • Other Fees \ FeeFrequency \ Monthly
    • Other Fees \ RentFeesInclude \ Grounds Maintenance
    • Other Fees \ RentFeesInclude \ Occupancy
    • Other Fees \ SecurityDepositAmt \ 1800.00
    • Other Fees \ SecurityDepositRequiredYN \ 1
    • Other Interior Features \ FireplaceUsageAllowed \ 0
    • Other Interior Features \ Furnished \ 0
    • Other \ Access \ Private Entry
    • Other \ Access \ Second Floor Access
    • Other \ Equipment \ Ceiling Fan
    • Other \ Equipment \ Oven/Range
    • Other \ Equipment \ Refrigerator
    • Other \ Equipment \ Washer
    • Other \ InsuranceRequired \ 0
    • PetsAllowDesc \ Pets Negotiable
    • PetsAllowed \ 1
    • PropertyType \ Rental
    • RentFeesInclude \ Grounds Maintenance
    • RentFeesInclude \ Occupancy
    • SecurityDepositAmt \ 1800.00
    • SecurityDepositRequiredYN \ 1
    • Sewer \ Public Connected
    • SmokingAllowed \ 0
    • TimeShareYN \ 0
    • Type \ Other
    • Type and Style \ PropertyType \ Rental
    • Type and Style \ Type \ Other
    • Utilities \ HotWater \ Tenant Pays
    • Utilities \ Sewer \ Public Connected
    • Utilities \ WaterSupply \ Public Connected
    • Wall \ Plaster
    • WaterAmenities \ Walk To Water
    • WaterAmenities \ Walk to Salt Water
    • WaterSupply \ Public Connected
    • Yard \ Wall \ Plaster

    Price history

    DateEventPrice
    9/22/2020Listing removed$1,650
    Source: BHHS Commonwealth Real Estate #1263059 Report a problem
    9/12/2020Price change$1,650-8.3%
    Source: BHHS Commonwealth Real Estate #1263059 Report a problem
    8/29/2020Listed for rent$1,800$1/sqft
    Source: BHHS Commonwealth Real Estate #1263059 Report a problem
    12/2/2009Sold$380,000-15.5%$106/sqft
    Source: Public Record Report a problem
    8/9/2009Price change$449,900-10%$125/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,213 +3%$865,300
    2024$6,031 +13.9%$865,300 +57%
    2023$5,297 $551,200

    Find assessor info on the county website

    Neighborhood: Memorial Boulevard

    Nearby schools

    GreatSchools rating
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