$2,000,000
Active Under Contract
45 Days Online
8 Beds5 Baths4,871 SQFT
Active Under Contract

18 Rhode Island Avenue Newport, RI 02840

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Welcome to this gracious and expansive Victorian home spanning over 4800 sq ft, ideally located within walking distance to town. Built in the 1880s, this property exudes charm with its wraparound porch and original details throughout. Currently configured as a three-family dwelling, this property offers versatility as it can easily be converted back to a single-family home. Unit One is generously sized with two floors of living and features a living room, dining room, den, well-appointed kitchen, and 4 bedrooms and 2 baths. The second unit is a bright and spacious studio with a large modern bathroom and an updated kitchen that opens to a private deck. The third unit boasts three bedrooms, a living room, dining area, updated kitchen, and bathroom. Additionally, there's walk-up access to a rooftop deck offering stunning views of the Newport Bridge. Gorgeous hardwood floors are showcased throughout the home. All utilities have been updated, each unit is separately metered and includes its own laundry facilities. Outside, the beautifully landscaped yard features a paved driveway and a spacious fenced lot with parking for up to 8 cars. This property is a rare find and offers endless possibilities for both investors and homeowners alike.

  • Property TypeMulti-Family
  • NeighborhoodKay/Broadway
  • CountyNewport
  • Taxes$7,642
  • HOA/Condo/Coop Fees$0
  • Days on Site44 Days
  • MLS StatusActive Under Contract
  • MLS ID Number1355846
  • Home Size Source Public Records
  • Year Built1880
  • Lot Size0.2426 Acres
  • Full Baths4
  • Partial Baths1

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General Features

  • Construction PlasterWood Siding
  • Parking No Garage
  • Parking Spaces 8
  • Sewer Public Sewer
  • Electric Circuit BreakersFusesGenerator
  • Basement Exterior EntryFullInterior EntryUnfinished
  • Number of Stories 4
  • Acreage 0.2426
  • Water Public
  • Security Security System Owned
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Utilities Sewer Connected
  • Foundation Concrete PerimeterStone
  • Zoning R10

Interior Features

  • Cooling Window Units
  • Heating GasHot Water
  • Appliances DryerDishwasherExhaust FanDisposalGas Water HeaterMicrowaveOvenRangeRefrigeratorWasher
  • Flooring HardwoodMarble
  • Interior Tub Shower
  • Fireplaces 0
  • Fireplace Features None
  • Laundry Features In Unit
  • Window Features Thermal Windows
  • Fireplace No

Exterior Features

  • Fencing Fenced
  • Spa Yes
  • Spa Features Hot Tub
  • Waterfront Property Yes
  • Waterfront Features Walkto Water
  • Exterior BalconyPorchPatioPaved Driveway
  • Lot Paved
  • Patio And Porch BalconyPatioPorch

Community Features

  • Community Features Near HospitalNear SchoolsPublic TransportationRestaurantShopping
  • Senior Community No
  • Security Features Security System Owned

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Monthly Payment (Est.)

$10,666
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