Located in Newportâs beloved Fifth Ward, this three-family property sits on an 8,500+ square foot lot just steps from the harbor and King Park. Enjoy easy access to downtown, waterfront, bars, restaurants, shops and nearby beaches, all from one of the cityâs most walkable neighborhoods. The first-floor unit is a recently updated three-bedroom apartment featuring in-unit laundry. The second and third floors each offer well-maintained one-bedroom units, with shared laundry available in the basement. Two of the three units currently have leases in place. Whether you maintain the property as a multi-family investment, renovate to increase rental potential, or explore a conversion to a large single-family residence, this property offers plenty of options. The oversized lot provides plenty of off-street parking along with room for future expansion or improvements. A rare opportunity in a prime location with strong future potential.
| Location | |
|---|---|
| City/Town | Newport |
| County | Newport |
| Community Features | Marina, Recreational Facilities, Restaurants, Shopping, Near Swimming |
| Interior | |
|---|---|
| Living Area | 2,552 sq. ft. |
| Rooms | 13 |
| Heating | Natural Gas, Baseboard, Forced Water |
| Cooling | Window Unit(s) |
| Interior Features | Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown) |
| Additional Information | |
|---|---|
| Tax Assessment | $1,082,100 |
| Zoning | R10 |
| Exterior | |
|---|---|
| Acreage | 0.1952 |
| Waterfront Features | Walk to Salt Water, Walk To Water |
Information is deemed reliable but is not guaranteed.
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