624 - 626 Thames St

Newport, RI 02840 Directions
$995,000
  • 8Bed
  • 5/1Baths
  • 5,552Sqft
  • 1918Built
  • $179Price/Sqft

Property Highlights

  • Neighborhood: Fifth Ward
  • Days on Market: 61
  • MLS: 1235536

Property Highlights

  • Neighborhood: Fifth Ward
  • Days on Market: 61
  • MLS: 1235536

This multi-family property zoned Limited Business is located right on Thames Street in the Fifth Ward. Three spacious units with off-street parking make this a prime property to capitalize on lucrative seasonal rentals. Registration required by the city but the property is zoned for short term rentals. Each unit is turnkey and desirable to both summer and student renters. Great opportunity for those looking for an investment!

This multi-family property zoned Limited Business is located right on Thames Street in the Fifth Ward. Three spacious units with off-street parking make this a prime property to capitalize on lucrative seasonal rentals. Registration required by the city but the property is zoned for short term rentals. Each unit is turnkey and desirable to both summer and student renters. Great opportunity for those looking for an investment!

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  • Additional Information
    • Electrical: Circuit Breaker
    • Gross Expenses: 1500.0000
    • Gross Income: 78000
    • Historic?: Unknown
    • Insulation: Unknown
    • Living Area SqFt: 5,552
    • Neighborhood: Fifth Ward
    • Sewer: Connected
    • Status: Active
    • Subtype: Apartment, Up/Down
    • Type: 2-4 Units Multi Family
    • Unit Count: 3
    • Year Built: 1918
    • Zoning: LB
  • Interior/Exterior Features
    • Beds: 8
    • Exterior Features: Masonry, Vinyl Siding
    • Flooring: Hardwood
    • Full Baths: 5
    • Half Baths: 1
    • Heat: Baseboard, Forced Water
    • Heat Fuel: Electric, Gas, Oil
    • Hot Water: Tank
    • Plumbing: Mixed
    • Rooms: 15
    • Total Baths: 5.1

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 11/19/2019. Listed By: RE/MAX Profnl. Newport, Inc.

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