7 Peckham Avenue

Newport, RI 02840

$665,000
Last Sold Price
6
Beds
2
Baths
5,233 Sq. Ft.
$127 / Sq. Ft.
5,233
Sq. Ft.
$127
per Sq. Ft.

Description

This multi-family home features two units each with three beds and one bath. The units feature spacious open living and dining rooms and hardwood floors. There is a driveway with off-street parking for 2 cars and a large yard with patio and plenty of room for a garden. Potential attic expansion, plenty of storage in the basement along with separate laundry for each unit. Conveniently located just off Broadway, close to the Bridge and Navy Base, yet a short walk into town. Don't miss out on this great...This multi-family home features two units each with three beds and one bath. The units feature spacious open living and dining rooms and hardwood floors. There is a driveway with off-street parking for 2 cars and a large yard with patio and plenty of room for a garden. Potential attic expansion, plenty of storage in the basement along with separate laundry for each unit. Conveniently located just off Broadway, close to the Bridge and Navy Base, yet a short walk into town. Don't miss out on this great opportunity to buy a rental property in Newport, rent out both units or live in one and get income from the other!
  1. Listed by Fitzpatrick Team • RE/MAX Profnl. Newport, Inc.

Property Details for 7 Peckham Avenue

Waterfront Features
Walk to Water

Location

Listing Courtesy of RE/MAX Profnl. Newport, Inc.

Sold By Warner Realty Group

Add your commute
LISTING UPDATED: 07/08/2021 09:33 AM

Property Details for 7 Peckham Avenue

StatusClosed
MLS #1284991
Days on Market5
Taxes$5,188 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.11 AC / 5,000 SF
CountyNewport County

Location

Listing Courtesy of RE/MAX Profnl. Newport, Inc.

Sold By Warner Realty Group

Add your commute

Virtual Tour

Building Information for 7 Peckham Avenue

Stories2Residences2Year Built1920Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$4,062 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,629

Property Taxes

$432

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Peckham Avenue

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
  • County: Newport
  • City: Newport
Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 2
Taxes and HOA Information
  • Tax Annual Amount: $5,188.00
  • Tax Assessed Value: 504700
  • Tax Lot: 120
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000.0
  • Lot Size Square Feet: 5000.0
  • Lot Size Units: Square Feet
  • Building Area Total: 5,233.00
  • Parcel Number: 7PECKHAMAVNEWP
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Drywall, Plaster, Other
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Stories Total: 2
  • Year Built: 1920
  • Property Type: Residential Income
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 200+ Amp Service
  • Heating: Hot Water, Oil
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Patio, Porch
Interior Features
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Vinyl
  • Interior Features: Attic, Permanent Attic Stairs, Tub Shower
  • Laundry Features: Common Area
  • Rooms Total: 12
MultiFamily
Income & Expenses
  • Operating Expense: $1,500
Unit 1
  • Unit Type Description 1: tenants are MTM
  • Unit Type Actual Rent 1: $1,250.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 3
Unit 2
  • Unit Type Description 2: tenants on a lease through Jan 31, 2022
  • Unit Type Actual Rent 2: $1,550.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 3
Rental Information
Rent Information
  • Land Lease: false
  • Tenant Pays: Hot Water

Property History for 7 Peckham Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7 Peckham Avenue

Taxable ValueLand$155,500Additions$354,500Total$510,000
Tax Record2023$5,059 ($422 / month)
Home Facts
Baths2Total Finished SqFt2,756 SqFtAbove Grade Finished SqFt2,756 SqFtStories3Lot Size5,001 SqFtStyleDuplexYear Built1920Year Renovated1987ZoningR10CountyNEWPORTAPNNEWP M:007 B:0120

Schools near 7 Peckham Avenue

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pell Elementary School
PublicPK to 4

Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

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

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Similar Sold Homes

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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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Profnl. Newport, Inc.

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.