9 Ann Street, Newport, RI 02840

$1,575,000
8
BD
3
BA

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List Price
$1,575,000
Status
ACTIVE
MLS#
1412990
Price Change
▼ $100,000 1783446652
Year Built
1890
Style
Stacked
Bedrooms
8
Bathrooms
3
Acres
0.04
Subdivision
Downtown

Property Description

Rare opportunity to own a well-maintained, income-producing property in a Prime Newport location. The property offers a strong year-round cash flow with a zero-vacancy history. The property has been professionally managed and maintained. Looking to the future, there is potential for an increase in both summer and winter rental income, along with the possible creation of a separate third unit/owners suite on the top floor. This spacious downtown two-family includes a single-level, three-bedroom first-floor unit. The second unit spans the second and third floors and features five bedrooms, two full bathrooms, and a deck. Additional highlights include separate utilities, newer gas heat, and a three-year-old roof. Enjoy an easy walk to restaurants, shops, the waterfront, and downtown Newport attractions.

Additional Information

Taxes
$8,638
Lot Size
1,742
Interior Features
Interior Steps, Skylights, Stall Shower
Flooring
Ceramic Tile, Hardwood
Heating
Hot Water, Oil
Cooling System Type
Window Unit(s)
Sewer
Connected
Water Source
Connected, Multiple Meters
Appliances
Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
Basement
Full, Interior Entry, Unfinished
Exterior Features
Balcony, Deck

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass. Contact: 401-835-0395

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