629 Thames, Newport, RI, 02840

Located on iconic Thames Street in the heart of Newport, this fully updated two-unit multifamily offers strong income potential and an unbeatable location just steps to shops, restaurants, and the waterfront. The property consists of two units: one 3-bedroom, 1-bath and one 1-bedroom, 1-bath. Both units have been renovated with updated kitchens featuring new cabinetry, granite countertops, and appliances, along with refreshed bathrooms. Additional improvements include interior and exterior painting and many other recent upgrades throughout. Exterior enhancements allow for off-street parking for up to four vehicles. Turnkey condition in a prime downtown location is ideal for investors or owner-occupants.

Residential Income
$1,200,000
Location
City/TownNewport
CountyNewport
Community FeaturesBus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area1,331 sq. ft.
Rooms9
HeatingNatural Gas, Baseboard, Radiant
CoolingNone
Interior FeaturesWall (Dry Wall), Skylight, Stairs, Plumbing (Mixed), Insulation (Unknown)
Additional Information
Tax Assessment$877,300
Exterior
Acreage0.113
Waterfront FeaturesWalk to Salt Water, Walk To Water
Listed By: Exp Realty

Information is deemed reliable but is not guaranteed.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.

Reset password

Enter your email address and we will send you a link to change your password.