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526 Thames Street

Newport, RI 02840
  • $1,449,000
  • STATUS: Active
  • MLS #: 1307727
Price Reduced
UPDATED: 28 min ago
$1,449,000
  • 7
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,332
    SQFT
  • $621
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Rare opportunity to own a large, two-family home in the heart of downtown Newport with four off-street parking spaces and the possibility for vertical expansion or condo conversion! Former bowling alley currently used as two residential apartments. Limited business zoning also adds to the possibilities for this truly unique investment. This property has been formerly approved for a three-floor expansion. Building has access from both Thames St. and Dean Ave. Both units are currently rented until 8/31/2022.

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© 2022 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 Welchman Real Estate Group | Keller Williams Realty of Newport 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 Welchman Real Estate Group | Keller Williams Realty of Newport. 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: 2022-05-19T06:37:51.717.
www.welchmanrealestate.com/homes/127806720
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526 Thames Street Newport, RI 02840

  • Price: $1,449,000
  • Status: Active
  • On Site: Days
  • Updated: 28 min ago
  • MLS #: 1307727
7
Beds
3
Baths
0
½ Baths
0.08
Acres
2,332
SQFT
$621
$/SQFT
1900
Built
Neighborhood:
Downtown
County:
Newport
Area:
Newport
Property Description
Rare opportunity to own a large, two-family home in the heart of downtown Newport with four off-street parking spaces and the possibility for vertical expansion or condo conversion! Former bowling alley currently used as two residential apartments. Limited business zoning also adds to the possibilities for this truly unique investment. This property has been formerly approved for a three-floor expansion. Building has access from both Thames St. and Dean Ave. Both units are currently rented until 8/31/2022.
Exterior Features

Construction Materials DrywallBrick Covered Spaces 0 Foundation Details Combination Garage YN No Parking Features No Garage Parking Total 4 Waterfront Features Walk To Water

Interior Features

Appliances DryerDishwasherGas Water HeaterOvenRangeRefrigeratorWasher Basement Interior EntryPartialUnfinished Basement YN Yes Cooling Central Air Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileHardwoodVinyl Heating Forced AirGas Interior Features SkylightsTub Shower Window Features Skylight(S)

Property Features

Business Type Other Community Features GolfHighway AccessMarinaNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S) 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 6464 Tax Assessed Value 69800 Tax Lot 255 Tax Year 2021 Utilities Sewer Connected Water Source Connected Zoning Lb

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Edge Realty Ri, Llc.





© 2022 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 Welchman Real Estate Group | Keller Williams Realty of Newport 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 Welchman Real Estate Group | Keller Williams Realty of Newport. 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: 2022-05-19T06:37:51.717.
 
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Welchman Real Estate Group | Keller Williams Realty of Newport
18 Commons
Little Compton RI, 02837