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Off market
  • $1,231,400

    38 Howard St, Newport, RI 02840

    7beds
    2,635sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,231,400 Zestimate®
    $467/sqft
    $3,449 Estimated rent

    Home value

    $1,231,400

    $1.10M - $1.38M

    $3,449/mo

    Zestimate® history
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    Rent Zestimate®

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    $6,027/mo

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    $6,027/mo

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    What's special

    Nestled between Spring and Thames Street this three family home is the perfect investment or owner occupied property! Sit on the front steps with your morning coffee and take in the harbor view ! Shady back yard with patio, which could be a gorgeous garden area. Walk to all Downtown restaurants, shops and harbor. Fully rented. Great combination of long term tenants and seasonal/academic tenants. 2 units feature balcony decks. Coin -op washer and dryer in front hallway. The first floor has options! Currently rented as 1 bedroom, but has the option of being rented as a 2 bedroom or 3 bedroom unit with 2 full bathrooms. Second floor consists of three bedrooms(currently used as a 2 BR, with office), updated bathroom and a quaint deck off of the kitchen. The third floor apartment has an abundance of natural light and a spacious living area with an open concept. Historically this property is rented with a mix of annual and seasonal rentals. 2 units have fireplaces (a total of 3). The fenced backyard has a patio, and the opportunity to create a lovely garden area. A rooftop deck potential with harbor water view was started by previous owner, with a new building permit you could complete it. Potential for driveway too. Many options with this property. Convert to a 2 family or a gracious single family home in the heart of Newport. Or keep as a solid investment property. Walk everywhere from this property in Newport’s sought after Yachting Village. One furnace (GAS) with 4 zones Electrical updated to 200 Amps in 2019 3 brick fireplaces This home offers many possibilities as owner occupied, investment property, conversion to a single family or 2 family or even condos!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Common, In Building
    Features
    • Flooring: Tile, Hardwood, Slate
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,635 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 3,055 sqft
    Details
    • Parcel number: NEWPM032B0056

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 200 Amps
    • Sewer: Connected, Municipal

    Community & neighborhood

    Location
    • Region: Newport

    Other

    Other facts
    • BasementFinish: Unfinished
    • Equipment: Dryer, Oven/Range, Refrigerator, Washer, Dishwasher, Garbage Disposal
    • HeatingFuel: Gas
    • HeatPaidBy: Tenant, Mixed, Owner
    • HotWater: Gas, Tankless, Electric, Tenant Pays, Tank, Owner Pays
    • Near: Bus, Highway Access, Marina, Tennis, Recreational Facilities
    • FoundationType: Stone, Mixed
    • FinishedFloor: Ceramic, Pine
    • BasementAccess: Interior Only
    • Laundry: Common, In Building
    • Interior: Stairs, Skylight, Cathedral Ceilings
    • Wall: Dry Wall, Plaster
    • Electric: 200 Amps
    • Plumbing: Copper, PVC, Mixed
    • Type: Up/Down
    • LotDescription: Sidewalks, Waterview
    • WaterAmenities: Walk To Water, Walk to Salt Water
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected, Municipal
    • SubsidizedHousing: 0
    • Exterior: Clapboard, Needs Work, Wood
    • UnderConstruction: 0
    • WaterSupply: Connected, Common Meter, Municipal
    • HeatingSystem: Common, Gas Connected, Zoned
    • BasementType: Crawl Space
    • Insulation: Unknown
    • Fireplace: Brick, Wood Frame
    • TimeShareYN: 0
    • ApxHeatCost: 1501-1800

    Price history

    DateEventPrice
    1/16/2020Listing removed$692,000$263/sqft
    Source: RE/MAX Professionals #1240423
    11/2/2019Price change$692,000-6.7%$263/sqft
    Source: RE/MAX Profnl. Newport, Inc. #1240423
    10/10/2019Price change$742,000-7.1%$282/sqft
    Source: RE/MAX Profnl. Newport, Inc. #1232370
    9/13/2019Price change$799,000-5.9%$303/sqft
    Source: RE/MAX Profnl. Newport, Inc. #1232370
    8/15/2019Listed for sale$849,000+82.6%$322/sqft
    Source: RE/MAX Profnl. Newport, Inc. #1232370

    Public tax history

    YearProperty taxesTax assessment
    2025$6,724 +5.7%$773,900
    2024$6,361 +31%$773,900 +53.2%
    2023$4,854 $505,100

    Find assessor info on the county website

    Neighborhood: Harbor/Lower Thames

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,231,400
    2% more+ $24,628
    With Zillow Showcase(estimated)
    $1,256,028