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668 Thames Street Newport

$1,750,000
6 3 2,764 sq ft

The Property

Welcome to a unique investment opportunity at 668 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport’s bustling tourism market.

The first-floor unit commands an impressive $3,200 monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual use—adding value and convenience for tenants or personal storage.You are within walking distance to an array of downtown amenities. Indulge in local restaurants, lush parks, prestigious yacht clubs, and marinas—all contributing to the allure of this prime real estate offering. Don’t miss out on this versatile property that promises a blend of steady income and delightful living.

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Listing Details

MLS Number

1354752

Lot Size:

0.06 acres

Features

  • Basement: Full
  • Vinyl Siding
  • Heating: Forced Water
  • Heating Fuel: Gas
  • Garage: Detached
  • Corner
  • Sidewalks
  • Type: Up/Down
  • Year Built: 1900
  • Water Amenities: Walk to Salt Water

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Listed by RE/MAX Profnl. Newport, Inc.

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