22 Rhode Island AVE Pending

Newport,RI 02840

$ 1495000

8 Beds

3 Baths

6195 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,195 sqft

Price per Sqft $241

Subdivision Kay Street And Broadway

MLS Listing ID 1373832

Bedrooms 8

Full Baths 3

Year Built 1870

Annual Tax Amount $11,420

Tax Year 2024

Lot Size 10,890 Sqft

Property Sub-Type Multi Family

Property Description

Introducing 22 Rhode Island Avenue - a captivating Victorian mixing elegance and charm. This 4,100+ sq ft home sits on a prime acre lot in the heart of Newport, perfectly positioned between Kay Street and Broadway. Within walking distance to renowned restaurants, charming coffee shops, lush parks and with only a short bike ride to the beach, this location is unparalleled. Built in 1870, the property is defined by its striking Gable peaks, turrets, oversized windows, and inviting wraparound porch. Preserving much of its original ornate detailing, this home is rich in period character. Currently a three-family residence, it offers immense potential to be transformed back into a grand single-family estate. Unit One features a beautifully appointed living room with a decorative fireplace and access to the front wraparound porch, two bedrooms, an eat-in kitchen, and a full bath. Unit Two includes three bedrooms, a dining room, updated kitchen, and bath. Unit Three offers three additional bedrooms, the turret room, living room, new kitchen, and bath. Gorgeous inlaid hardwood and Pine floors grace the entire home. Each unit has a new high-efficiency gas heating system. The expansive backyard provides a lush retreat with many possibilities, including room for additional parking or creative outdoor enhancements. Whether you're seeking a multi-family investment or envisioning a stately single-family home, this property offers endless potential in a Newport location.

Location

State RI

County Newport

Community Kay Street And Broadway

Zoning R10

Interior

Heating Gas,Hot Water

Cooling None

Flooring Hardwood,Laminate,Other,Wood,Carpet

Fireplaces Number 1

Fireplaces Type Masonry

Laundry Common Area,In Unit

Exterior

Exterior Feature Porch,Paved Driveway

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

Utilities Available Sewer Connected

Waterfront Description Walk to Water

Building

Foundation Stone

Sewer Connected,Public Sewer

Water Connected,Public

Structure Type Plaster,Clapboard,Shingle Siding,Wood Siding

New Construction No

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