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Sold for $1,750,000 on 08/27/24
  • $1,750,000

    668 Thames St, Newport, RI 02840

    6beds
    2,592sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $1,820,400 Zestimate®
    $675/sqft
    $4,089 Estimated rent

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    $8,565/mo

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    $8,565/mo

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    What's special

    Welcome to a unique investment opportunity at 668 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport's bustling tourism market. The first-floor unit commands an impressive $3,200 monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual use—adding value and convenience for tenants or personal storage.You are within walking distance to an array of downtown amenities. Indulge in local restaurants, lush parks, prestigious yacht clubs, and marinas—all contributing to the allure of this prime real estate offering. Don't miss out on this versatile property that promises a blend of steady income and delightful living.

    Zillow last checked: 8 hours ago

    Listing updated: August 27, 2024 at 10:05am

    Listed by:

    Parker Sizeland 401-862-7428,

    RE/MAX Profnl. Newport, Inc.,

    Bill Sizeland 401-862-0784,

    RE/MAX Profnl. Newport, Inc.

    Bought with:

    Edith Cushing, REB.0017022

    RE/MAX Profnl. Newport, Inc.

    Source: StateWide MLS RI,MLS#: 1354752MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Bath w Tub, Bath w Shower Stall
    Heating
    • Natural Gas, Forced Water
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Washer
    Features
    • Wall (Dry Wall), Wall (Plaster), Cathedral Ceiling(s), Skylight, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Walls)
    • Flooring: Ceramic Tile, Hardwood
    • Windows: Skylight(s)
    • Basement: Full,Bulkhead,Unfinished,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,764
    • Total interior livable area: 2,592 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached
    • Garage spaces: 4
    Features
    • Stories: 3
    • Waterfront features: Walk to Salt Water
    Lot
    • Size: 2,574 sqft
    • Features: Corner Lot, Sidewalks
    Details
    • Zoning: LB
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Vinyl Siding
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Municipal
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Newport
    • Subdivision: Fifth Ward

    HOA & financial

    HOA
    • Has HOA: No
    Other financial information
    • Total actual rent: 5900
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
    $1,820,400
    2% more+$36,408
    With Zillow Showcase(estimated)$1,856,808