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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

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    $3,619/mo

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    $5,726/mo

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    $5,726/mo

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    What's special

    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.

    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#: 1322678MLS Logo

    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