16 Sherman, Newport, RI, 02840

Historic Italianate Victorian in Newport's Historic Hill neighborhood with spectacular Pell Bridge views. The home has been enjoyed as a single family for several years with the third being used as a luxurious guest suite. There are two legal apartments that retain all the potential for rental income. The first two floors are one large potential apartment with one bedroom and a full bath on the first floor and three additional bedrooms and full bath on the second floor. The first floor has a formal living room and dining room as well as an eat in kitchen and office while the second floor has a fabulous second living room for watching TV, reading, or playing games. The third floor apartment is a contemporary open floor plan with cathedral ceilings throughout. A new kitchen and bath fresh paint and updated carpeting make this a modern yet cozy space. The view from the balcony is a dream. The third floor apartment also enjoys a new private bricked patio with a shade tree leading to its private entrance. The flexible use of this beautiful historic home also makes a wonderful single family home with six bedrooms, a private garden and several patios, new roof and electrical and new landscaping with a brick two car driveway with EV charger. The home has the scale and character of a true Newport home with thoughtful updates for today. A special property in a wonderful location. Open Houses August 21, 22, and 23. Also listed under MLS # 1420425

Residential Income
$3,650,000
Location
City/TownNewport
CountyNewport
Interior
Living Area3,600 sq. ft.
Rooms17
HeatingElectric, Natural Gas, Baseboard, Central Stream
CoolingWindow Unit(s)
Interior FeaturesWall (Dry Wall), Wall (Plaster), Cathedral Ceilings, Stairs
Additional Information
Tax Assessment$1,303,900
ZoningR10
Exterior
Acreage0.1
Exterior FeaturesBalcony, Deck, Patio, Porch
Listed By: William Raveis Inspire

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