523 - 525 Thames Street Newport

$2,025,000
8 5.1 4,596 sq ft

The Property

This property is a legal mixed-use commercial 4 unit building. First floor has a one bedroom apartment and a small office or retail space. Second floor is a 3 bed 1.5 bath apartment and the third floor is a 3 bedroom 2 bath, both of which are rented for short term rentals with proven financial history. Excellent downtown location with 4 parking spots, patio area, deck, and a brand-new heating system and roof.

Potential for a roof top deck with harbor views. Don’t miss out on this incredible investment opportunity!

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Listing Details

MLS Number

1315424

Lot Size:

0.06 acres

Features

  • Basement: Full
  • Aluminum Siding
  • Shingles
  • Heating: Forced Water
  • Heating Fuel: Gas
  • Laundry
  • Type: Apartment
  • Year Built: 1899
  • Water Amenities: Flood Insurance, Walk to Salt Water

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Listed by RE/MAX Profnl. Newport, Inc.

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