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25 Annandale Road Newport

$891,000
2 2 1,296 sq ft

The Property

Welcome to 25 Annandale Road in the picturesque coastal town of Newport, Rhode Island. This unique property presents an exceptional opportunity, whether you’re searching for a serene second home or a principal residence. Currently structured as a two-family home, offering versatility and potential. With a shared front entry foyer, the layout is seamless, featuring individual living rooms, eat-in kitchens, comfortable bedrooms, and bathrooms with tub/shower combinations in each unit.

Enjoy outdoor living with large decks off each unit overlooking the large private, fenced yard. The location is simply unbeatable; find yourself within an easy stroll to an array of fine dining, boutique shopping, iconic tennis courts, the scenic Cliff Walk, and the sun-soaked beach. Parking is a breeze with four off-street spaces available off Lowndes Street and the possibility to expand further. A full basement offers extensive storage possibilities, while two hot water heating systems with tankless water guarantee comfort and efficiency. Each unit also boasts its own electric meter, with circuit breaker panels in the unit, ensuring practicality and convenience. While the property could benefit from some updating, the investment promises to enhance the charm and value of this delightful residence. Envision living in one unit while drawing income from the other or providing a luxurious guest space for visiting family and friends. Your coastal dream home awaits!

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Listing Details

MLS Number

1355213

Lot Size:

0.14 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Marina
  • Private School
  • Recreational Facilities
  • Restaurants
  • Shopping
  • Near Swimming
  • Tennis
  • Deck
  • Heating: Oil, Baseboard, Forced Water
  • Heating Fuel: Oil, Baseboard, Forced Water
  • Garage: 1
  • Laundry
  • Corner Lot
  • Fenced
  • Sidewalks
  • Year Built: 1900
  • Water Amenities: Walk to Salt Water

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Market Trends for Multi Family
in Newport

  • Overview
    Homes for Sale Today14-50% decrease in inventory
    New on Market *5100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$390.15$201 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,750,250$413,050 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.94%1.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$506.06$41 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *3029 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 Re/Max Profnl. Newport, Inc.

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