NOT LISTED FOR SALE
4 Beds
4 Baths
2,748 Sq Ft
5,394 Sq Ft Lot Lot

Sale Details

Date Sold: March 22, 2023

Last sale price $1,775,000 $646 Per Sq Ft

60 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Furnished
  • 3-minute walk to Eisenhower Park

About This Home

As of March 2023

Set in one of Newport's most vibrant downtown locations, this exceptional four-family residence places you just moments from the city's top dining, shopping, and waterfront attractions. This building was comprehensively reimagined in 2022, delivering modern design while honoring elements of its historic character. The property is offered fully furnished and presents a rare turnkey investment or lifestyle opportunity. Each unit is filled with natural light and thoughtfully finished, featuring elevated ceilings, refined bathrooms with custom tile work and rain-style showers, and contemporary kitchens outfitted with stainless steel appliances, quartz surfaces, soft-close shaker cabinetry, and beautiful tile details. Restored hardwood flooring runs throughout, adding warmth and continuity to the interiors. The property is well-equipped with individual utilities, gas-fired heating systems, newer hot water tanks, air conditioning, and in-unit laundry in all residences. Outdoor spaces include rear decks and assigned off-street parking for four vehicles. Additional amenities include private unit entrances and shared basement storage. With proven rental performance across all units, this property presents multiple strategies owner occupancy with supplemental income, full investment, or future condominium conversion potential.

Last Agent to Sell the Property

Ben Willett

Serhant New England License #REB.0019095 Listed on: 01/20/2023

Serhant New England

Last Buyer's Agent

Tammy Bass

Serhant New England License #RES.0040116

Serhant New England

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1850

Lot Details

  • 5,394 Sq Ft Lot
  • Fenced

Home Design

  • Combination Foundation
  • Clapboard

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number 13SHERMANSTNEWP

Community Details

Overview

  • 4 Units
  • Historic Hill Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1850

Lot Details

5,394 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1238
  • Subdivision Name: Historic Hill
  • Above Grade Finished Sq Ft: 2748.0
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1850
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5394.0
  • Parcel #: 13SHERMANSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 10000.0
  • Tax Lot: 042
  • Tax Year: 2022
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2026 04/25/26 For Sale $2,099,000 +18.3% $764 / Sq Ft
03/22/2023 03/22/23 Sold $1,775,000 -11.3% $646 / Sq Ft
01/20/2023 01/20/23 For Sale $2,000,000 +105.1% $728 / Sq Ft
09/08/2022 09/08/22 Sold $975,000 -9.3% $281 / Sq Ft View Prior Sale
08/19/2022 08/19/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $1,075,000 -- $310 / Sq Ft
Source: State-Wide MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,445 $1,662,500 $609,600 $1,052,900
2024 $13,666 $1,662,500 $609,600 $1,052,900
2023 $6,254 $630,400 $347,500 $282,900
2022 $5,976 $621,900 $347,500 $274,400
2021 $5,802 $621,900 $347,500 $274,400
2020 $5,479 $533,000 $290,500 $242,500
2019 $8,219 $533,000 $290,500 $242,500
2018 $7,984 $533,000 $290,500 $242,500
2017 $6,298 $405,000 $162,500 $242,500
2016 $6,140 $405,000 $162,500 $242,500
2015 $5,990 $405,000 $162,500 $242,500
2014 $6,357 $380,200 $138,100 $242,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1328463

State-Wide MLS
Your Personal Tour Guide

Ask me questions while you tour the home.