668 Thames Street Newport, RI $ 1,800,000
668 Thames Street
$ 1,800,000
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668 Thames Street

Newport, RI, 02840
$ 1,800,000
Bedrooms6 Baths3.0 Sq 2,764

Monthly Estimate*

$ 11,963

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Multi-Family Home for sale in Newport, RI

for $1,800,000 with 6 bedrooms and 3 full baths. This 2,764 square foot home was built in 1900 on a lot size of 0.0591.

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.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,297

Style

MultiFamily

Lot Size

0.0591

Year Built

1900

Town/City

Newport

County/Region

Newport

MLS | Web ID

1354752

Features
General
Interior Features Bathtub CathedralCeilings Skylights TubShower
Sewer Connected PublicSewer
Heating Gas HotWater
Cooling None
Utilities SewerConnected
Possession Negotiable
Appliances Dryer Dishwasher GasWaterHeater Microwave Oven Range Washer
Zoning LB
HOA 0.0
Garage Spaces 4.0
Construction Materials Drywall Plaster VinylSiding
Year Built 1900
Electric Item100AmpService
Property SubType MultiFamily
Tax Year 2023
Waterfront Features WalktoWater
Community Features Sidewalks
County Newport
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Fifth Ward
Garage Y/N Y
Total Rooms 12
Status Active
City Newport
View Y/N N
Senior Community Y/N N
Total Units 3
Lot Size Square Feet 2575.0
Waterfront Y/N N
Carport Y/N N
Street Name Thames
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5297.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/668-Thames-ST-Newport-RI-02840
Days on Market 13
Standard Status Active
Tax Assessed Value 1290800
Tax Lot 027
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Interior
Basement Full Unfinished
Flooring CeramicTile Hardwood
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Window Features Skylights
Fireplace Y/N N
Above Grade Finished Area 2764.0
Full Baths 3
Half Baths 0
Street Suffix Street
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 3
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Exterior
Parking Features Detached Garage
Lot Features CornerLot
Water Source Connected Public
Total Parking 5.0
Lot Size Area 2575.0
Foundation Details Stone
Number of Buildings 1
Spa N
Building Area Total 2764.0
Lot Size Acres 0.0591
Lot Size Units SquareFeet
Covered Spaces 4.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 668
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* Excluded Features
List By
Re/Max Profnl. Newport, Inc.

Broker

Parker@SizelandTeam.com

Email

Affordability Calculator

$12,405
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,963
Monthly Property Taxes
$441
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$1,800,000 Listed Price

Map


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668 Thames Street, Newport, RI, 02840 is a Multi-Family Home for sale at $1,800,000 with 2,764 sqft and a lot size of 0.0591. 668 Thames Street has 6 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 02840 which is in Newport, RI