10 Hammond Street Newport

$1,150,000
6 3 2,128 sq ft

The Property

A spacious two-family property ideally located in the heart of Newport’s Yachting Village, 10 Hammond Street presents a unique opportunity in one of Newport’s most desirable locations. The property offers a proven seasonal rental history, strong income-producing potential, and the flexibility for continued investment or a future single-family conversion.

The property features a first-floor two-bedroom, one-bathroom apartment and a second- and third-floor four-bedroom, two-bathroom apartment. Each unit has separate utilities and heat systems.

Additional amenities include off-street parking, a detached two-car garage, and desirable outdoor space—valuable features in downtown Newport.

For an investor, 10 Hammond Street offers the opportunity to acquire an established two-family property in a highly sought-after location. For an owner-occupant, the existing configuration provides the potential to transition the property into a more substantial single-family residence while retaining the benefits of private parking, a two-car garage, and outdoor space.

Conveniently located near Newport’s shops, restaurants, waterfront, and downtown attractions, 10 Hammond Street combines location, rental income potential, parking, garage space, and the flexibility to meet a variety of future ownership goals.

Read more

Listing Details

MLS Number

1424988

Lot Size:

0.10 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Oil, Baseboard, Forced Water
  • Heating Fuel: Oil, Baseboard, Forced Water
  • Garage: 1
  • Laundry
  • Year Built: 1910
  • Water Amenities: Walk to Salt Water, Walk To Water

See more features

Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today127-89.7% decrease in inventory
    New on Market *6874.4% increase in new listings
    Avg. Asking Price/Sq.Ft. *$750.92$14 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,709,810$52,235 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.87%2.1% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$835.30$53 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9015 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Teri Degnan RE & Consulting
Email: teri@teridegnan.com
Phone: 401-619-8222

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!