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.
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
What's special
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#: 1351320

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