Seller's Agent in 2021
Robert Swift
Edge Realty RI
(401) 644-9016
13 in this area
37 Total Sales
33 Halsey St Newport, RI 02840
4
Beds
4
Baths
3,209
Sq Ft
10,000
Sq Ft Lot
Highlights
- 0.23 Acre Lot
- Wood Flooring
- Hot Water Heating System
- Cathedral Ceiling
- Bathtub with Shower
- 5-minute walk to Coggeshall Park
About This Home
As of July 2021A rare Newport 4-family in an Opportunity Zone located within a quiet neighborhood perfectly situated between downtown Newport and the upcoming North End economic developments. All 4 units are rented to tenants with low maintenance yearly leases and the property currently produces $5,750 a month in rental income, and due to separate utilities between units tenants are responsible for paying their own Gas, Electric, and hot water. Sitting on a 10,000 sq ft lot, this 4 family also provides plenty of off-street parking for each unit and the large side yard offers an ideal location to possibly build a decently sized garage. Many recent improvements, including 4 new gas boilers, 4 hot water tanks, and updated electrical and plumbing. Turnkey, fully occupied building, with potential to support higher rents with minor interior upgrades.
Last Agent to Sell the Property
Edge Realty RI License #RES.0040245 Listed on: 03/31/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,611
Year Built
- Built in 1940
Lot Details
- 10,000 Sq Ft Lot
Home Design
- Wood Siding
- Masonry
- Plaster
Interior Spaces
- 3,209 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Unfinished Basement
- Crawl Space
- Laundry in unit
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Parking
- 4 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 165
- Assessor Parcel Number 33HALSEYSTNEWP
Community Details
Overview
- 4 Units
- Van Zandt Subdivision
Building Details
- Operating Expense $8,175
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $776,000 | -5.9% | $242 / Sq Ft |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 03/31/2021 03/31/21 | For Sale | $825,000 | -- | $257 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Robert Swift
-
Gordon King
Buyer's Agent in 2021
Gordon King
Hogan Associates Christie's
(401) 924-1774
8 in this area
48 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1278840
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