Newport, RI 02840,7 Bayview AVE
$1,390,000
Est. payment /mo
$1,390,000
Est.Price: ?

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9 Beds
3 Baths
5,220 SqFt
SOLD DATE : 01/19/2024

Key Details

Sold Price $1,390,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,220 sqft

Price per Sqft $266

Subdivision Off Broadway

MLS Listing ID 1351320

Sold Date 01/19/24

Bedrooms 9

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 5,220

Year Built 1900

Annual Tax Amount $6,312

Tax Year 2021

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Great opportunity as an investment property or owner-occupied property with solid rental income of $7800 per month and potential for more. It is a large and spacious 3-family with over 1700 square feet per unit and over 5200 square feet in total. The units are in good condition and have in-unit washer/dryer. There are 3 bedrooms in each unit with potential for a fourth in each with little to no work. Also, it is located in close walking distance to restaurants, bars, and entertainment on Broadway and downtown. All utilities separate.

Location

State RI

County Newport

Community Off Broadway

Rooms

Basement Full, Unfinished

Interior

Heating Gas

Cooling None

Flooring Carpet, Hardwood

Fireplace No

Appliance Gas Water Heater

Exterior

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 7BAYVIEWAVNEWP

Financing Conventional

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Listed by Edge Realty RI
Bought with Edge Realty RI

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agent

Eric Chauvin

+1(617) 448-0910

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