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Sold for $1,390,000 on 01/19/24
  • $1,390,000

    7 Bayview Ave, Newport, RI 02840

    9beds
    5,220sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $1,422,400 Zestimate®
    $266/sqft
    $2,919 Estimated rent

    Owner options

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    $2,919/mo

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    $2,919/mo

    Rent Zestimate®

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    $6,803/mo

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    $6,803/mo

    Est. payment

    What's special

    Great opportunity as an investment property or owner-occupied property with solid rental income of $7800 per month and potential for more. It is a large and spacious 3-family with over 1700 square feet per unit and over 5200 square feet in total. The units are in good condition and have in-unit washer/dryer. There are 3 bedrooms in each unit with potential for a fourth in each with little to no work. Also, it is located in close walking distance to restaurants, bars, and entertainment on Broadway and downtown. All utilities separate.

    Zillow last checked: 7 hours ago

    Listing updated: January 19, 2024 at 05:57am

    Listed by:

    The Fraioli-Wilson Team 401-258-0341,

    Edge Realty RI,

    Alexander Fraioli 401-255-9109,

    Edge Realty RI

    Bought with:

    The Fraioli-Wilson Team

    Edge Realty RI

    Source: StateWide MLS RI,MLS#: 1351320MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Gas Connected
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Carpet
    • Basement: Full,Bulkhead,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 5,220
    • Total interior livable area: 5,220 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: NEWPM014B0199
    • Special conditions: Conventional/Market Value

    Construction

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

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Municipal

    Community & neighborhood

    Location
    • Region: Newport
    • Subdivision: Off Broadway

    HOA & financial

    HOA
    • Has HOA: No
    Other financial information
    • Total actual rent: 8700
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,422,400
    2% more+$28,448
    With Zillow Showcase(estimated)$1,450,848