This multi-family property zoned Limited Business is located right on Thames Street in the Fifth Ward. Three spacious units with off-street parking make this a prime property to capitalize on lucrative seasonal rentals. Registration required by the city but the property is zoned for short term rentals. Each unit is turnkey and desirable to both summer and student renters. Great opportunity for those looking for an investment!
Off market
Zestimate®
$1,805,800
624-626 Thames St, Newport, RI 02840
8beds
1,500sqft
MultiFamily
Built in 1918
-- sqft lot
$1,805,800 Zestimate®
$1,204/sqft
$2,918 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Baseboard, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,500 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 2,792 sqft
Details
- Parcel number: NEWPM035B0123
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Other
Condition
- Year built: 1918
Utilities & green energy
- Electric: Circuit Breaker
- Sewer: Connected
Community & neighborhood
Location
- Region: Newport
Other
Other facts
- Exterior: Vinyl Siding, Masonry
- FinishedFloor: Hardwood
- BasementFinish: Unfinished
- Electric: Circuit Breaker
- HeatingFuel: Gas, Oil, Electric
- BasementType: Full
- BasementAccess: Interior Only
- HotWater: Tank
- Type: Up/Down, Apartment
- Plumbing: Mixed
- PropertyType: 2-4 Units Multi Family
- Sewer: Connected
- SubsidizedHousing: 0
- HeatPaidBy: Mixed
- UnderConstruction: 0
- WaterSupply: Connected
- HeatingSystem: Forced Water, Baseboard
- Insulation: Unknown
- Historic: Unknown
- TimeShareYN: 0
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,805,800
2% more+$36,116
With Zillow Showcase(estimated)$1,841,916