74 3rd Street

Newport, RI 02840

$989,000
Price
6
Beds
4
Baths
2,772 Sq. Ft.
$357 / Sq. Ft.
2,772
Sq. Ft.
$357
per Sq. Ft.

Description

Unique legal 2 family in the heart of the highly desirable historic waterfront Point neighborhood offers great flexibility depending on your needs & lifestyle! This classic, well maintained Victorian home provides a total of 2300+ square ft of living space spread out over a 2 bedroom rental unit, a large 4 bedroom owner's unit, and a separate studio space with full bath and loft office/bedroom. The main house consists of the 2 apartments - the first floor apt. has 2 bedrooms, 1 bath, pine floors...

Property Details for 74 3rd Street

Subdivision Name
The Point
Waterfront Features
Walk to Water

Location

Listing Courtesy of Edge Realty RI, LLC

Property Details for 74 3rd Street

StatusActive
MLS #1287134
Days on Market86
Taxes$6,268 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.05 AC / 2,178 SF
CountyNewport County

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Location

Listing Courtesy of Edge Realty RI, LLC

Building Information for 74 3rd Street

Stories3Residences2Year Built1900Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$3,837 per month

30 year fixed, 2.95% Interest

Principal and Interest

$3,314

Property Taxes

$522

HOA Dues

$0

Property Information for 74 3rd Street

Summary
    Location and General Information
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Postal City: Newport
  • Zoning: 2 FAM
    Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 1
    Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $6,268.00
  • Tax Assessed Value: 721900
  • Tax Lot: 012
  • Tax Year: 2020
Property
    Lot Information
  • Lot Size Acres: 0.05
  • Lot Size Area: 2178.0
  • Lot Size Square Feet: 2178.0
  • Lot Size Units: Square Feet
  • Building Area Total: 2,772.00
  • Parcel Number: 74THIRDSTNEWP
  • Living Area Source: Public Records
    Property and Assessments
  • Senior Community: No
  • Business Type: Other
  • Construction Materials: Drywall, Plaster, Shingle Siding, Wood Siding
  • New Construction: No
  • Number Of Buildings: 2
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Stories Total: 3
  • Year Built: 1900
  • Property Type: Residential Income
    Utilities
  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Electric, Gas, Hot Water
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
    Exterior Features
  • Exterior Features: Balcony, Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony, Patio
  • Window Features: Skylight(s), Storm Window(s)
    Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Fireplace Features: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Hardwood, Laminate, Wood, Carpet
  • Interior Features: Skylights, Tub Shower, Cable TV
  • Laundry Features: Common Area, In Unit
  • Rooms Total: 12
MultiFamily
    Income & Expenses
  • Operating Expense: $10,000
    Unit 1
  • Unit Type Baths Total 1: 3
  • Unit Type Beds Total 1: 4
    Unit 2
  • 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 74 3rd Street

DateEvent & SourcePriceAppreciation
Jul 1, 2021

Listed (Active)

STATEWIDEMLS #1287134

$989,000
Jun 15, 2021

Permanently Off Market

STATEWIDEMLS #1276299

$1,100,000
Jun 15, 2021

Permanently Off Market

STATEWIDEMLS #1276098

$1,100,000
DateEvent & SourcePrice
07/01/2021

Listed (Active)

STATEWIDEMLS #1287134

$989,000
06/15/2021

Permanently Off Market

STATEWIDEMLS #1276299

$1,100,000
06/15/2021

Permanently Off Market

STATEWIDEMLS #1276098

$1,100,000

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

Public Records for 74 3rd Street

Taxable ValueLand$282,000Additions$439,900Total$721,900
Tax Record2021$6,735 ($561 / month)
Home Facts
Beds10Baths2Total Finished SqFt2,313 SqFtAbove Grade Finished SqFt2,313 SqFtStories2Lot Size2,344 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1987ZoningR10CountyNEWPORTAPNNEWP M:012 B:0012

Schools near 74 3rd Street


SchoolTypeGradesDistanceRating
Frank E. Thompson MiddlePublic5-80.6 mi
3
Claiborne Pell ElementaryPublicK-41.1 mi
2
Rogers High SchoolPublic9-122.0 mi
4
Newport Area Career Tech CenterPublic9-122.0 mi
NR

Frank E. Thompson Middle

5-8, 0.6 mi, Public

3

Claiborne Pell Elementary

K-4, 1.1 mi, Public

2

Rogers High School

9-12, 2.0 mi, Public

4

Newport Area Career Tech Center

9-12, 2.0 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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74 3rd Street is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on July 1, 2021 by Edge Realty RI, LLC at $989,000. This listing's school district is Newport. Nearby schools include Frank E. Thompson Middle, Rogers High School and Claiborne Pell Elementary. 74 3rd Street is a 6-bed, 4-bath, 2,772 sqft multi-family home built in 1900.

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 Edge Realty RI, LLC

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2021 State-Wide Multiple Listing Service. All rights reserved.