$889,000
Active
23 Days Online
4 Beds2 Baths1,944 SQFT
Active

75 Malbone Newport, RI 02840

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Welcome to this exceptional opportunity to own a highly desirable 2-family multi-unit property located in beautiful Newport, Rhode Island. This well-maintained gem is perfectly situated within walking distance of not only the Newport Navy base, but also Newport Hospital, making it an ideal investment opportunity. The location is also just minutes away from the vibrant downtown area, historic landmarks, world-class dining, not to mention breathtaking coastal views. The property offers two units, which both contain two bedrooms, one full bathroom and 972 square feet of space. Providing comfortable, versatile living space for new owners to enjoy. The upstairs unit features a lovely balcony area perfect to enjoy personalized outdoor space. Both units conveniently offer onsite laundry, a shared yard perfect for relaxing and additional storage space in the shared basement. Both the units have month to month tenants, property can be delivered vacant.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyNewport
  • Taxes$3,924
  • HOA/Condo/Coop Fees$0
  • Days on Site22 Days
  • MLS StatusActive
  • MLS ID Number73233610
  • Home Size Source Public Records
  • Year Built1940
  • Lot Size0.08 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Construction Frame
  • Parking Off StreetAssigned
  • Parking Spaces 4
  • Sewer Public Sewer
  • Electric 200+ Amp Service
  • Basement Full
  • Number of Stories 3
  • Acreage 0.08
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Concrete Perimeter
  • Zoning R10
  • Buyer Agent Compensation 2
  • Facilitator Compensation 0
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0
  • Parking Features Off StreetAssigned
  • Electricity 200+ Amp Service

Interior Features

  • Cooling Window Unit(s)
  • Heating Oil
  • Appliances RangeOvenDishwasherRefrigeratorWasherDryer
  • Flooring WoodHardwood
  • Interior Ceiling Fan(s)Bathroom With Tub & ShowerLiving RoomKitchen
  • Fireplaces 0
  • Window Features Insulated Windows
  • Fireplace No
  • Interior Features Ceiling Fan(s)Bathroom With Tub & ShowerLiving RoomKitchen

Exterior Features

  • Roof Shingle
  • Fencing Fenced
  • Spa No
  • Waterfront Property No
  • Exterior Balcony/ DeckRain GuttersBalcony/Deck
  • Lot Gentle Sloping
  • Patio And Porch PorchDeck - WoodCovered
  • Lot Features Gentle Sloping

Community Features

  • Senior Community No
  • Adult Care Community No

Schools

School District
Unknown
Elementary School
Unknown
Middle School
Thompson
High School
Rogers High

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Monthly Payment (Est.)

$4,703
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