45 Elm Street

Newport, RI 02840

$1,195,000
Price
5
Beds
3
Baths
3,586 Sq. Ft.
$333 / Sq. Ft.
3,586
Sq. Ft.
$333
per Sq. Ft.

Description

Third house off the water in the Historic Point Neighborhood. This well maintained two-family with a strong rental history is an ideal conversion to a single family. The first floor unit has a bright and sunny living room, two bedrooms, tiled bathroom, and an eat-in kitchen with gourmet stove and stainless appliances. The laundry facility for the first floor unit is located in the basement along with two high efficiency gas heaters and ample storage space. The two-level unit with water views on the...

Property Details for 45 Elm Street

Subdivision Name
The Point
Waterfront Features
Beach Access, Water Access, Walk to Water
View
Water
Furnished
Furnished

Location

Listing Courtesy of Gustave White Sotheby's Realty

Property Details for 45 Elm Street

StatusActive Under Contract
MLS #1285069
Days on Market92
Taxes$7,075 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.06 AC / 2,644 SF
CountyNewport County

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Location

Listing Courtesy of Gustave White Sotheby's Realty

Building Information for 45 Elm Street

Stories3Residences2Year Built1900Building Size-Lot Size0.06 AC / 2,644 SF

Payment Calculator

$4,594 per month

30 year fixed, 2.95% Interest

Principal and Interest

$4,005

Property Taxes

$590

HOA Dues

$0

Property Information for 45 Elm Street

Summary
    Location and General Information
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Postal City: Newport
  • Postal Code Plus 4: 2430
  • Zoning: R10
    Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 0
    Taxes and HOA Information
  • Tax Annual Amount: $7,075.00
  • Tax Assessed Value: 758300
  • Tax Lot: 015
  • Tax Year: 20
Property
    Lot Information
  • Current Use: Multi-Family
  • Lot Size Acres: 0.06
  • Lot Size Area: 2644.0
  • Lot Size Square Feet: 2644.0
  • Lot Size Units: Square Feet
  • Building Area Total: 3,586.00
  • Parcel Number: 45ELMSTNEWP
  • Living Area Source: Public Records
    Property and Assessments
  • Senior Community: No
  • Construction Materials: Drywall, Brick, Clapboard, Masonry, Shingle Siding, Wood Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Stories Total: 3
  • Year Built: 1900
  • Frontage Length: 28
  • Property Type: Residential Income
    Utilities
  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Gas
  • Heating: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
    Exterior Features
  • Exterior Features: Deck, Porch, Barbecue
  • Fencing: Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Porch
  • View: Yes
  • Window Features: Storm Window(s)
    Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Features: Furnished, Cable TV
  • Laundry Features: In Unit
  • Rooms Total: 10
MultiFamily
    Income & Expenses
  • Operating Expense: $0
    Unit 1
  • Unit Type Actual Rent 1: $2,500.00
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
    Unit 2
  • Unit Type Actual Rent 2: $1,900.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
Rental Information
    Rent Information
  • Land Lease: false
  • Tenant Pays: Hot Water

Property History for 45 Elm Street

DateEvent & SourcePriceAppreciation
Sep 10, 2021

Contract Out

STATEWIDEMLS #1285069

Jul 21, 2021

Price Change

STATEWIDEMLS #1285069

$1,195,000
Jun 10, 2021

Listed (Active)

STATEWIDEMLS #1285069

$1,485,000
DateEvent & SourcePrice
09/10/2021

Contract Out

STATEWIDEMLS #1285069

07/21/2021

Price Change

STATEWIDEMLS #1285069

$1,195,000
06/10/2021

Listed (Active)

STATEWIDEMLS #1285069

$1,485,000

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

Public Records for 45 Elm Street

Taxable ValueLand$358,000Additions$400,300Total$758,300
Tax Record2021$7,075 ($590 / month)
Home Facts
Baths3Total Finished SqFt2,491 SqFtAbove Grade Finished SqFt2,491 SqFtStories3Lot Size2,644 SqFtStyleDuplexYear Built1900Year Renovated1992ZoningR10CountyNEWPORTAPNNEWP M:016 B:0015

Schools near 45 Elm Street


SchoolTypeGradesDistanceRating
Frank E. Thompson MiddlePublic5-80.5 mi
3
Claiborne Pell ElementaryPublicK-41.4 mi
2
Rogers High SchoolPublic9-121.7 mi
4
Newport Area Career Tech CenterPublic9-121.7 mi
NR

Frank E. Thompson Middle

5-8, 0.5 mi, Public

3

Claiborne Pell Elementary

K-4, 1.4 mi, Public

2

Rogers High School

9-12, 1.7 mi, Public

4

Newport Area Career Tech Center

9-12, 1.7 mi, Public

NR

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gustave White Sotheby's Realty

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