11 Young ST Pending

Newport,RI 02840

$ 879000

7 Beds

3 Baths

2025 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,025 sqft

Price per Sqft $434

Subdivision Yachting Village

MLS Listing ID 1369209

Bedrooms 7

Full Baths 3

Year Built 1890

Annual Tax Amount $7,450

Tax Year 2023

Lot Size 3,040 Sqft

Property Description

11 Young Street lies in the heart of Newport's Yachting Village, and is within walking distance to just about everything that makes Newport living so Wonderful. Currently, it's configured as a two family on an academic winter/summer rental schedule, and is producing stable market rents. Unit #1 is a first-floor apartment with two bedrooms and one bathroom. Unit #2, a spacious second/third floor apartment comprised of five bedrooms and two bathrooms. Recent upgrades include new windows, soffits, gutters, refrigerators, hot water heaters, dryers and washer. With its spacious fenced in back yard and prime location, it could be a candidate for converting back into a single family home.

Location

State RI

County Newport

Community Yachting Village

Zoning R10

Interior

Heating Baseboard,Gas

Cooling None

Flooring Ceramic Tile,Hardwood,Vinyl

Fireplaces Type None

Inclusions Income includes winter, summer rents & coin-op laundry of approximately $600/annually.

Laundry Common Area

Exterior

Fence Fenced

Community Features Golf,Marina,Near Hospital,Near Schools,Recreation Area,Restaurant,Shopping,Tennis Court(s)

Utilities Available Sewer Connected

Waterfront Description Walk to Water

Building

Sewer Connected,Public Sewer

Water Connected,Public

Structure Type Drywall,Plaster,Vinyl Siding

New Construction No

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