NOT LISTED FOR SALE

7 Red Cross Ave Newport, RI 02840

Old Beach Neighborhood
3 Beds
3 Baths
7,287 Sq Ft
1.09 Acres

Last Sold July 28, 2023

Last sale price $3,500,000 $480 Per Sq Ft

6 Days on Market

Highlights

  • 1.09 Acre Lot
  • 6 Fireplaces
  • Walking Distance to Water
  • Wood Flooring
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of July 2023

Rare Opportunity to own "The Boxcroft" built by McKim, Mead and White for Samuel Colman, noted watercolorist and collector. A Grand historical home which was once a beautiful single family home. Now a 7 unit multi family with beautiful, spacious, Sun Filled Apartments. Five Apartments are one bedroom, one is a two bedroom and there is a studio apartment as well. This three level classic 19th Century home, boast 6 fireplaces, (not in use) however make a grand statement in the room. Beautiful Hardwood floors throughout, Gorgeous Entry/Foyer, located on a private fenced lot, consisting of over an acre of land!! All apartments overlook the beautiful fenced in grounds with mature landscaping.
One unit has an enclosed porch, on the second floor. Another unit has its own entrance off a private porch and patio! There is also a two car garage with additional parking spaces in the paved driveway for up to 10 spaces. Wonderful quiet neighborhood setting on Red Cross Ave, one of the best streets in Newport, with walking distance to Memorial Blvd, Cliff Walk, Easton's Beach and all Newport has to offer!!

Last Listed By

Jane Johnson

New England Premier R.E. License #RES.0029257 Listed on: 04/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,874

Year Built

  • Built in 1883

Lot Details

  • 1.09 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,287 Sq Ft Home
  • 3-Story Property
  • 6 Fireplaces
  • Storage Room
  • Laundry Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number 7REDCROSSAVNEWP

Community Details

Overview

  • 3 Units
  • Red Cross Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Tennis Courts

Building Details

  • Operating Expense $65,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,874

Year Built

Built in 1883

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.09
  • Co List Office Mls Id: NEPR
  • Co List Office Phone: 401-247-0900
  • Inclusions: Unit 1, the tenants own the Stove, Refrigerator, Washer/Dryer. replacements are in the basement Unit 2, the tenants own the dishwasher and refrigerator, replacements are in the basement.
  • Subdivision Name: Red Cross
  • Above Grade Finished Sq Ft: 7287.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1883
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 6
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Brick, Shingle Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47480.0
  • Parcel #: 7REDCROSSAVNEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 65000.0

Tax Info

  • Tax Annual Amount: 19874.0
  • Tax Lot: 044
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $3,500,000 0.0% $480 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $3,500,000 -- $480 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jane Johnson

    Seller's Agent in 2023

    Jane Johnson

    New England Premier R.E.

    (401) 864-4039

    1 in this area

    18 Total Sales

    Jane Johnson
    Section Image
  • Steven Johnson

    Seller Co-Listing Agent in 2023

    Steven Johnson

    New England Premier R.E.

    (401) 864-4038

    1 in this area

    7 Total Sales

    Steven Johnson
    Section Image
  • Eric Kirton

    Buyer's Agent in 2023

    Eric Kirton

    Compass / Lila Delman Compass

    (401) 743-2744

    1 in this area

    104 Total Sales

    Eric Kirton
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1332540

State-Wide MLS

Rhode Island Newport County Newport 02840 Old Beach

7 Red Cross Ave, Newport, RI

Homes for Sale in Newport, RI

This home is located at 7 Red Cross Ave, Newport, RI 02840 since 01 April 2023. This property was built in 1883. 7 Red Cross Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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