8 Caswell AVE #D Active

Newport,RI 02840

$ 500000

2 Beds

1 Bath

722 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 722 sqft

Price per Sqft $692

Subdivision Bliss Rd/Eustis/Vernon Park

MLS Listing ID 1363459

Bedrooms 2

Full Baths 1

HOA Fees $387/mo

Year Built 1960

Annual Tax Amount $1,895

Tax Year 2024

Lot Size 0.337 Acres

Property Description

Recent condo conversion - first time offered for sale! This property was built as a fourplex in the 1960's There are 2 designated off-street parking spaces for each unit and separate utilities with deduct meters for each unit as well as one common water meter for the building. Caswell Ave is a dead-end street with only local traffic and abuts Vernon playground which has a baseball field and tennis courts. The backyard is spacious with gardens and a patio that lends itself to outdoor activities.

Potential buyers will be provided a public offering statement, not a resale certificate.

Location

State RI

County Newport

Community Bliss Rd/Eustis/Vernon Park

Zoning R-10

Interior

Heating Baseboard,Hot Water,Oil

Cooling None

Flooring Laminate,Other

Fireplaces Type None

Inclusions Assessment for 8 Caswell Ave as of 12/31/2023 is $724,700. Taxes will be prorated at closing. Taxes for fiscal 2024/2025 are $7582.52 for 8 Caswell Ave as a fourplex. The anticipated annual property tax for the fiscal year 7/1/2024 through 6/30/2025 for each of the 4 units is $1895.64. The assessment on each individual condominium unit should be reassessed as of 12/31/2024 for the 2025/2026 fiscal year.

Laundry Common Area,In Unit

Exterior

Exterior Feature Paved Driveway

Community Features Near Hospital,Near Schools,Public Transportation,Restaurant,Shopping,Tennis Court(s),Sidewalks

Utilities Available Sewer Connected

Building

Lot Description Cul-De-Sac

Story 2

Foundation Concrete Perimeter

Sewer Connected,Public Sewer

Water Connected,Multiple Meters,Public,Water Tap Fee

Structure Type Drywall,Vinyl Siding

New Construction No

Others

Pets Description Yes

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