668 Thames Street Newport, RI 02840
Welcome to a unique investment opportunity at 668 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. 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.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 this versatile property that promises a blend of steady income and delightful living.
- Property TypeMulti-Family
- NeighborhoodFifth Ward
- CountyNewport
- Taxes$5,297
- HOA/Condo/Coop Fees$0
- Days on Site64 Days
- MLS StatusActive
- MLS ID Number1354752
- Home Size Source Public Records
- Year Built1900
- Lot Size0.0591 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Construction PlasterVinyl Siding
- Parking DetachedGarage
- Parking Spaces 5
- Sewer Public Sewer
- Electric 100 Amp Service
- Basement FullUnfinished
- Number of Stories 3
- Acreage 0.0591
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 4
- Attached Garage No
- Utilities Sewer Connected
- Foundation Stone
- Zoning LB
Interior Features
- Cooling None
- Heating GasHot Water
- Appliances DryerDishwasherGas Water HeaterMicrowaveOvenRangeWasher
- Flooring Ceramic TileHardwood
- Interior BathtubCathedral CeilingsSkylightsTub Shower
- Fireplaces 0
- Fireplace Features None
- Window Features Skylights
- Fireplace No
Exterior Features
- Waterfront Property Yes
- Waterfront Features Walkto Water
- Lot Corner Lot
Community Features
- Association Dues 0
- Community Features Sidewalks
- Senior Community No