43 Merton Rd

4,184 Sq. Ft.
$184 / Sq. Ft.
4,184
Sq. Ft.
$184
per Sq. Ft.

Description

What a location! This multi family with 3 units currently have 1 unit just leased and 2 units that will be open for the next lucky owner of this property. Excellent potential rental in desirable location close to Salve Regina, 3 blocks from Cliff Walk and 3 blocks from Tennis Hall of Fame. Large 2 car detached garage, full unfinished basement, and very large fenced backyard with 2 out buildings. Four plus off street parking places in addition to garage. This property has never been offered before....What a location! This multi family with 3 units currently have 1 unit just leased and 2 units that will be open for the next lucky owner of this property. Excellent potential rental in desirable location close to Salve Regina, 3 blocks from Cliff Walk and 3 blocks from Tennis Hall of Fame. Large 2 car detached garage, full unfinished basement, and very large fenced backyard with 2 out buildings. Four plus off street parking places in addition to garage. This property has never been offered before. Ready to produce income for the right investor right now!
  1. Listed by Charles Herndon • Brokerage DRE #REB.0016699 • KELLER WILLIAMS RLTY NEWPORT
    P: (401)-924-2723 charlesherndon@kw.com

Property Details for 43 Merton Road

Waterfront Features
Walk To Water
LISTING CLOSED: 12/19/2018 12:00 AM

Property Details for 43 Merton Road

StatusClosed
MLS #1185966
Days on Market219
Taxes$6,148 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1880
Lot Size0.45 AC / 19,788 SF
CountyNewport County

Location

Listing Courtesy of KELLER WILLIAMS RLTY NEWPORT

Sold By Hogan Associates

Add your commute

Building Information for 43 Merton Road

Stories2Residences4Year Built1880Building Size-Lot Size0.45 AC / 19,788 SF

Payment Calculator

$4,349 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,837

Property Taxes

$512

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 43 Merton Road

Summary
Location and General Information
  • City: Newport
  • Community Features: Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 3630
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 6
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $6,148.00
  • Tax Assessed Value: 682600
  • Tax Block: 011
  • Tax Lot: 023
  • Tax Year: 2017
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 4184.0
  • Building Area Total: 4184.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.4543
  • Lot Size Area: 19788.0
  • Lot Size Square Feet: 19788.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 43MERTONRDNEWP
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1880
  • C L I P: 2,491,404,626
Utilities
  • Electric: Amps150
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Porch, Paved Driveway
  • Fencing: Fenced
  • Foundation Details: Combination
Interior Features
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Cooling: None
  • Cooling Y N: No
  • Door Features: Storm Doors
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Heating: Gas, Hot Water
  • Heating Y N: Yes
  • Patio And Porch Features: Deck, Porch
  • Rooms Total: 14
  • Window Features: Thermal Windows
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Unit Type Area: 1007.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Unit Type Area: 1007.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,550.00
  • Unit Type Area: 850.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 43 Merton Road

DateEvent & SourcePriceAppreciation
Dec 19, 2018

Sold (Public Record)

Public Record #636790669

$770,000

+10.6% / yr

Dec 19, 2018

Sold

Rhode Island Association of REALTORS® #1185966

$770,000
Nov 4, 2018

Contract Signed

Rhode Island Association of REALTORS® #1185966

DateEvent & SourcePrice
12/19/2018

Sold (Public Record)

Public Record #636790669

$770,000

+10.6% / yr

12/19/2018

Sold

Rhode Island Association of REALTORS® #1185966

$770,000
11/04/2018

Contract Signed

Rhode Island Association of REALTORS® #1185966

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 43 Merton Road

Taxable ValueLand$918,700Additions$702,700Total$1,621,400
Tax Record2025$14,088 ($1,174 / month)
Home Facts
Baths3Total Finished SqFt2,430 SqFtAbove Grade Finished SqFt2,430 SqFtStories2Lot Size19,781 SqFtStyleTriplexYear Built1880Year Renovated1987ZoningR10CountyNEWPORTAPNNEWP M:031 B:0023

Schools near 43 Merton Road

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of KELLER WILLIAMS RLTY NEWPORT

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.