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65 Burnside Avenue

Newport, RI 02840
  • $785,000
  • STATUS: Active
  • ON SITE: 34 days
  • MLS #: 1282162
UPDATED: 76 min ago
$785,000
  • 7
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 4,148
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Great investment property or owner-occupied opportunity! Well-maintained two family with off-street parking in Newports Kerry Hill neighborhood. Fully occupied building with current rents below market rate. Plenty of living space in both apartments with Unit 1 a 2-bedroom 1 bath with bonus room being used as a 3rd bedroom. Unit 2 is 2 level unit with 3 bedrooms plus 2 additional rooms/bedrooms on the 2nd floor where one of the rooms could be converted into a 2nd full bath. Over 3000 sqft of rentable living space with plenty of ways to substantially increase the rental income. Separate utilities with two separate newer high-efficiency gas furnaces, newer separate 200 amp electrical panels, and a new water line to the property. Both units have laundry in the unit. Slate roof plus a new porch, soffits, and gutters along with vinyl siding and Anderson 400 windows mean you will not have to worry about the exterior for a while. Quick walk to Broadway and Thames and close to the Base and bridge.

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© 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Edge Realty RI are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Edge Realty RI. 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. Data last updated: 2021-06-12T23:37:30.283.
www.edgerealtyri.com/homes/116946360
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65 Burnside Avenue Newport, RI 02840

  • Price: $785,000
  • Status: Active
  • Updated: 76 min ago
  • MLS #: 1282162
7
Beds
2
Baths
0
½ Baths
0.08
Acres
4,148
SQFT
$189
$/SQFT
1900
Built
Neighborhood:
Kerry Hill
County:
Newport
Area:
Newport
Property Description
Great investment property or owner-occupied opportunity! Well-maintained two family with off-street parking in Newports Kerry Hill neighborhood. Fully occupied building with current rents below market rate. Plenty of living space in both apartments with Unit 1 a 2-bedroom 1 bath with bonus room being used as a 3rd bedroom. Unit 2 is 2 level unit with 3 bedrooms plus 2 additional rooms/bedrooms on the 2nd floor where one of the rooms could be converted into a 2nd full bath. Over 3000 sqft of rentable living space with plenty of ways to substantially increase the rental income. Separate utilities with two separate newer high-efficiency gas furnaces, newer separate 200 amp electrical panels, and a new water line to the property. Both units have laundry in the unit. Slate roof plus a new porch, soffits, and gutters along with vinyl siding and Anderson 400 windows mean you will not have to worry about the exterior for a while. Quick walk to Broadway and Thames and close to the Base and bridge.
Exterior Features

Construction Materials DrywallAluminum Siding Covered Spaces 0 Exterior Features Porch Garage YN No Parking Features No Garage Parking Total 2 Patio And Porch Features Porch Waterfront Features Walk To Water

Interior Features

Appliances DryerDishwasherExhaust FanGas Water HeaterMicrowaveOvenRangeRefrigeratorRange HoodWasher Basement Exterior EntryFullInterior EntryUnfinished Basement YN Yes Cooling Window Unit(S) Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileHardwood Heating GasHot Water Interior Features Tub ShowerCable Tv Window Features Thermal Windows

Property Features

Community Features Highway AccessNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S)Sidewalks Electric 200+ Amp Service Land Lease YN No Laundry Features In Unit Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 4881 Tax Assessed Value 474800 Tax Lot 042 Tax Year 2020 Utilities Sewer Connected Water Source Connected Zoning R10

Listing information © 2021 State-Wide Multiple Listing Service.
Listing provided courtesy of Hogan Associates.





© 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Edge Realty RI are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Edge Realty RI. 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. Data last updated: 2021-06-12T23:37:30.283.
 
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Edge Realty RI
1007 Boston Neck Road
Narragansett RI, 02882