75 Malbone Road,  Newport  (02840)

$899,000

4 bedrooms 4   2 bathrooms 2   3018 square feet 3,018
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail
Listing Image Thumbnail

PROPERTY DETAILS

Address: view address
Newport, RI 02840
Map Location
Features: Balcony, Multi-level
Bedrooms:4Bathrooms:2 (full: 2)
Square Feet:3,018 sq.ft.Lot Size:0.08 acres
Year Built:1940Property Type:MultiFamily
County:NewportList Date:2024-02-14
Listing Number:1352865Listed By:Castle Keep Realty Corp.

PROPERTY DESCRIPTION

Welcome to this exceptional opportunity to own a highly desirable 2-family multi-unit property located in beautiful Newport, Rhode Island. This well-maintained gem is perfectly situated within walking distance of not only the Newport Navy base, but also Newport Hospital, making it an ideal investment opportunity. The location is also just minutes away from the vibrant downtown area, historic landmarks, world-class dining, not to mention breathtaking coastal views. The property offers two units, which both contain two bedrooms, one full bathroom and 972 square feet of space. Providing comfortable, versatile living space for new owners to enjoy. The upstairs unit features a lovely balcony area perfect to enjoy personalized outdoor space. Both units conveniently offer onsite laundry, a shared yard perfect for relaxing and additional storage space in the shared basement. The units offer convenient gas heat, keeping utility costs down for any future tenants. Currently both units are filled and under lease until May of 2024. The current rental rates are below market value so there certainly is room for growth with the rental revenue. You will find this property has been very well cared for which you and your tenants will appreciate. Parking in Newport can certainly be a challenge, but not here. With space for up to four vehicles for your tenants. Don't miss out on this fantastic opportunity to own an investment property in Newport, RI.

Brokerage Logo


Contact Agent

Interior

Baseboard Heater(S):YesDishwasher:Yes
Dryer:YesHardwood Floors:Yes
Microwave Oven:YesOil Heat:Yes
Range:YesRefrigerator:Yes
Vinyl Flooring:YesWasher:Yes

Exterior

Balcony:YesParking Spaces:4.00
Paved Driveway:YesPorch:Yes
Total Above Grade Finished Sq Ft:3,018.00Vinyl Siding:Yes
Wood Exterior:Yes

Property and Lot Details

Corner Lot:YesLot Acres:0.08
Lot Number:93.00Lot Sqft:3,424.00
Taxes:3,924.00Transaction Type:Sale
Year Built:1940

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image
Listed By: Castle Keep Realty Corp.