NOT LISTED FOR SALE
5 Beds
3 Baths
2,595 Sq Ft
1,425 Sq Ft Lot

Last Sold August 28, 2020

Last sale price $730,000 $281 Per Sq Ft

169 Days on Market

Highlights

  • Deck
  • Window Unit Cooling System
  • 2-minute walk to Eisenhower Park
  • Wood Flooring
  • Heating System Uses Steam

About This Home

As of August 2020

This three unit building is located in the heart of downtown Newport right on Spring St and is zoned General Business Walk to the harbor, shops and restaurants from this Historic Hill location. This property is zoned for short term weekly rentals subject to buyer registering with the City. Strong rental and income history. 2-2 bedroom units and 1-1 bedroom unit. Features included bright rooms, high ceilings, hardwood floors, and a charming back patio. This is a great opportunity for someone looking for an investment property.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 02/10/2020

RE/MAX Results

Last Buyer's Agent

Morgan Hollenbeck

Westcott Properties License #RES.0031524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,282

Year Built

  • Built in 1850

Lot Details

  • 1,425

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Clapboard

Interior Spaces

  • 2,595 Sq Ft Home
  • Unfinished Basement
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Additional Features

  • Deck
  • 1,425 Sq Ft Lot

Community Details

  • 3 Units
  • Operating Expense $7,500

Listing and Financial Details

  • Tax Lot 095
  • Assessor Parcel Number 92SPRINGSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,282

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.03
  • Above Grade Finished Sq Ft: 2595.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1850
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard
  • Exterior Features: Deck
  • Foundation Details: Combination
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1425.0
  • Parcel #: 92SPRINGSTNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 6282.0
  • Tax Lot: 095
  • Tax Year: 2020

Range of Values:

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Sold Price
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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
08/28/2020 08/28/20 Sold $730,000 -14.1% $281 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $850,000 +28.8% $328 / Sq Ft
03/14/2018 03/14/18 Sold $660,000 -5.6% $282 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
11/28/2017 11/28/17 For Sale $699,000 -- $298 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1246781

State-Wide MLS

APN: NEWP M:024 B:0095