40 Catherine ST

Newport,RI 02840

$ 2150000

5 Beds

4 Baths

6556 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,556 sqft

Price per Sqft $327

Subdivision Kay - Catherine

MLS Listing ID 1377626

Bedrooms 5

Full Baths 4

Year Built 1880

Annual Tax Amount $14,872

Tax Year 2024

Lot Size 0.724 Acres

Property Sub-Type Multi Family

Property Description

PRIME NEWPORT OASIS. Hidden in plain sight, this 31,000+ square foot property is one of the largest residential parcels in the desirable Kay/Catherine neighborhood, right off Bellevue Avenue, and a stone's throw to the Cliff Walk, Tennis Hall of Fame, Redwood Library and Newport Harbor. The property consists of 2 buildings - 40 Catherine, a 3-bedroom/2-bath house, and 42 Catherine, a charming 2-story converted barn with 2 one-bedroom apartments. 40 Catherine features a grand living room - once the office of architect George Champlin Mason with wood-burning fireplace and tall Palladian arched windows. A great outdoor deck and wonderful yard offer seamless indoor-outdoor living with room for entertaining al fresco. A private bedroom suite is on its own floor upstairs, while the main floor includes a large open kitchen/dining, separate dining/study, bathroom and the second and third bedrooms. A first floor garage offers an additional 1500+ sf of storage space or potential additional living area. 42 Catherine offers all the charm of an historic barn conversion with potential for family compound, rental income and/or guest accommodation. The first floor is just one step up, spanning over 1300 sf, with a huge great room, Dutch door, charming patio, wood-burning fireplace, open kitchen, laundry, bathroom, and first floor bedroom. The second floor is an additional one-bedroom apartment, rented to a long-term tenant. Sublime!

Location

State RI

County Newport

Community Kay - Catherine

Zoning R20

Interior

Heating Gas,Hot Water

Cooling None

Flooring Hardwood

Fireplaces Number 2

Exterior

Parking Features Attached

Garage Spaces 2.0

Utilities Available Sewer Connected

Building

Sewer Connected

Water Connected

Structure Type Wood Siding

New Construction No

Others

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