68 Old Fort, Newport, RI, 02840

Exceptional investment! Unlock the potential of this duplex that sits on a coveted oversized lot in the heart of the desirable 5th Ward. Situated on a prominent corner lot, this property is a diamond in the rough. Perfect for an investor or savvy homeowner ready to restore its classic character. Just steps from King Park and the Newport Harbor, this property perfectly blends a coastal lifestyle with urban convenience. There is a 3-car garage and ample off street parking, a rare find in this historic neighborhood. The existing garage structure offers an ideal footprint for a potential Accessory Dwelling Unit or modifications can be made to the home itself. Perfect as a high yield rental or a primary home with income potential. Don't miss this opportunity to own a versatile property in one of Newport's premier locations. Maximize your returns! The property offers significant value-add potential!

Residential Income
$990,000
Location
City/TownNewport
CountyNewport
Community FeaturesBus, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area1,762 sq. ft.
Rooms8
HeatingNatural Gas, Gas Connected
CoolingNone
Interior FeaturesWall (Plaster), Stairs, Insulation (Unknown)
Additional Information
Tax Assessment$971,500
ZoningR10
Exterior
Acreage0.1949
Exterior FeaturesPatio
Listed By: Homes By Connect

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