668-670 Thames Street
668-670 Thames Street
$2,400,000
8
4
3,388
3,388
$708
Description
Welcome to a unique investment opportunity at 668 & 670 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential, or even a family compound. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect...Welcome to a unique investment opportunity at 668 & 670 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential, or even a family compound. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport's bustling tourism market. The first-floor unit commands an impressive $3,200 monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual use adding value and convenience for tenants or personal storage. Stroll just a few steps to 670 Thames Street where a single-family cottage awaits, complete with 2 bedrooms, 1 full bath, and airy living space accentuated by vaulted ceilings. A fenced backyard and outbuilding provide a private retreat or additional storage. Each property sits on its own separate lot. You are within walking distance to an array of downtown amenities. Indulge in local restaurants, lush parks, prestigious yacht clubs, and marinas all contributing to the allure of this prime real estate offering. Don't miss out on these versatile properties that promise a blend of steady income and delightful living.
- Listed by Parker Sizeland • RE/MAX Profnl. Newport, Inc.P: 401-862-7428 Parker@SizelandTeam.com
- Listed by Bill Sizeland • RE/MAX Profnl. Newport, Inc.P: 401-862-0784 C: 401-862-0784 bill@SizelandTeam.com
Property Details for 668-670 Thames Street
Subdivision Name
Fifth Ward
Waterfront FeaturesWalkto Water
Location
LISTING UPDATED: 03/28/2024 02:18 PM
Property Details for 668-670 Thames Street
Status | Active |
---|---|
MLS # | 1354604 |
Days on Market | 45 |
Taxes | $8,577 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi Family |
Year Built | 1900 |
Lot Size | 0.11 AC / 5,000 SF |
County | Newport County |
Location
Building Information for 668-670 Thames Street
Stories-Residences4Year Built1900Building Size-Lot Size0.11 AC / 5,000 SF
Payment Calculator
$13,813 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 668-670 Thames Street
Property History for 668-670 Thames Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 668-670 Thames Street
Taxable ValueLand$232,000Additions$319,200Total$551,200
Tax Record2023$5,468 ($456 / month)
Home Facts
Baths3Total Finished SqFt2,592 SqFtAbove Grade Finished SqFt2,592 SqFtStories3Lot Size2,574 SqFtStyleTriplexYear Built1900Year Renovated1982ZoningLBCountyNEWPORTAPNNEWP M:040 B:0027
Schools near 668-670 Thames Street
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.