Great investment opportunity! Fabulous DEAL in Great location! Walking distance to beaches and Town Center! Mint condition fully rented investment property!Presently $32K net income/per year. 1st floor 1300 sq ft unit with 3 bedrooms, specious living room and kitchen fully aplainced with dishwasher.Laundry room in partially finished basement for exclusive use of this unit. Private deck for exclusive use of this unit. Second floor unit with 950 sq ft features 2 bedrooms, living room and eat-in kitchen. Washer & dryer in unit included. Off street 4 parking spaces and great yard. Updated systems and fully renovated in move in condition.
Off market
Zestimate®
$1,029,300
27 Merton Rd, Newport, RI 02840
5beds
3,594sqft
MultiFamily
Built in 1952
-- sqft lot
$1,029,300 Zestimate®
$286/sqft
$3,596 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Other, Gas, Oil
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,594 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: City
Lot
- Size: 6,098 sqft
Details
- Parcel number: NEWPM029B0100
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1952
Community & neighborhood
Location
- Region: Newport
Other
Other facts
- Access \ Private Entry
- Access \ Second Floor Access
- Amenities \ WaterAmenities \ Walk To Water
- Amenities \ WaterAmenities \ Walk to Salt Water
- Appliances \ Laundry \ In Units
- FeeFrequency \ Monthly
- FinishedFloor \ Other
- FireplaceUsageAllowed \ 0
- Flooring \ FinishedFloor \ Hardwood
- Flooring \ FinishedFloor \ Other
- Furnished \ 0
- Heating and Cooling \ HeatingFuel \ Gas
- Heating and Cooling \ HeatingSystem \ Forced Water
- Heating: Gas
- HeatingSystem \ Forced Water
- HotWater \ Tenant Pays
- InsuranceRequired \ 0
- Laundry \ In Units
- Location \ Near \ Bus
- Location \ Near \ Hospital
- Location \ Near \ Private School
- Location \ Near \ Public School
- Location \ Near \ Recreational Facilities
- Location \ Near \ Schools
- Location \ Near \ Shopping
- Location \ Near \ Swimming
- Location \ Near \ Tennis
- MLS Listing ID: 1263059
- MLS Name: Statewide MLS RI ZDD (Statewide MLS RI ZDD)
- Near \ Bus
- Near \ Hospital
- Near \ Private School
- Near \ Public School
- Near \ Recreational Facilities
- Near \ Schools
- Near \ Shopping
- Near \ Swimming
- Near \ Tennis
- Other Building Features \ PetsAllowDesc \ Pets Negotiable
- Other Building Features \ PetsAllowed \ 1
- Other Building Features \ SmokingAllowed \ 0
- Other Exterior Features \ Exterior \ Vinyl Siding
- Other Fees \ FeeFrequency \ Monthly
- Other Fees \ RentFeesInclude \ Grounds Maintenance
- Other Fees \ RentFeesInclude \ Occupancy
- Other Fees \ SecurityDepositAmt \ 1800.00
- Other Fees \ SecurityDepositRequiredYN \ 1
- Other Interior Features \ FireplaceUsageAllowed \ 0
- Other Interior Features \ Furnished \ 0
- Other \ Access \ Private Entry
- Other \ Access \ Second Floor Access
- Other \ Equipment \ Ceiling Fan
- Other \ Equipment \ Oven/Range
- Other \ Equipment \ Refrigerator
- Other \ Equipment \ Washer
- Other \ InsuranceRequired \ 0
- PetsAllowDesc \ Pets Negotiable
- PetsAllowed \ 1
- PropertyType \ Rental
- RentFeesInclude \ Grounds Maintenance
- RentFeesInclude \ Occupancy
- SecurityDepositAmt \ 1800.00
- SecurityDepositRequiredYN \ 1
- Sewer \ Public Connected
- SmokingAllowed \ 0
- TimeShareYN \ 0
- Type \ Other
- Type and Style \ PropertyType \ Rental
- Type and Style \ Type \ Other
- Utilities \ HotWater \ Tenant Pays
- Utilities \ Sewer \ Public Connected
- Utilities \ WaterSupply \ Public Connected
- Wall \ Plaster
- WaterAmenities \ Walk To Water
- WaterAmenities \ Walk to Salt Water
- WaterSupply \ Public Connected
- Yard \ Wall \ Plaster
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$1,029,300
2% more+$20,586
With Zillow Showcase(estimated)$1,049,886