New lower price! Fantastic investment property available, steps from Thames Street! Located around the corner from Memorial Boulevard and just down from St Mary Church, the shingled 3-unit residential property at 25 Fair Street has wonderful potential. Located in the heart of Newport, it is convenient to everything – shopping, restaurants, the Wharf and more! Currently a 4 bedroom, 3 bath building, renting all 3 units will be a breeze. At the back of the property, facing Gidley Street, is a two car (previously 3 car) garage with an available parking spot in front of the garage doors. And, best of all, the garage is an additional source of income. Multi-unit properties like this, and in a location as good as this, do not come on the market that often. Be sure to check out the 3d walk-through tour. Call now for a private showing.
Sold for $1,170,000 on 09/29/23
$1,170,000
25 Fair St, Newport, RI 02840
4beds
2,250sqft
Multi Family
Built in 1881
-- sqft lot
$1,270,600 Zestimate®
$520/sqft
$3,619 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 29, 2023 at 02:11pm
Listed by:
Justin Gallant 401-742-0958,
J.E. Group Properties
Bought with:
Kevan Campbell, RES.0034444
Hogan Associates Christie's
Source: StateWide MLS RI,MLS#: 1322678
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Oil, Baseboard
Cooling
- Individual Unit
Appliances
- Included: Dishwasher
- Laundry: Off Site
Features
- Wall (Dry Wall), Wall (Plaster), Skylight, Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Hardwood
- Windows: Skylight(s)
- Basement: Full,Interior and Exterior,Unfinished,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,250 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
- Waterfront features: Walk to Salt Water
Lot
- Size: 2,613 sqft
Details
- Foundation area: 950
- Parcel number: NEWPM027B0127
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Shingles
- Foundation: Stone
Condition
- New construction: No
- Year built: 1881
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Marina, Public School, Near Shopping
Location
- Region: Newport
HOA & financial
Other financial information
- Total actual rent: 1100
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,270,600
2% more+$25,412
With Zillow Showcase(estimated)$1,296,012