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1 King Street Newport

$1,125,000
4 2 2,134 sq ft

The Property

Rare opportunity to own a multi-family property just steps from Bellevue Avenue and a short stroll to downtown and the harbor. Privately accessed, and recently remodeled first floor one-bedroom unit with upgraded kitchen and bathroom, including soapstone countertops, in-unit washer/dryer, and dual Liebherr refridgerators. Floors two and three combine to create a three-bedroom, one bathroom unit with potential for reconfiguration and redesign. Charming terrace with espaliers and privacy fencing provides a quiet area for reflection and relaxation.

Conveniently located by the Bellevue Gardens shopping center, where you’ll find a fitness studio, organic grocery store, wine shop, specialty cheese market, sushi restaurant, and more! Tennis courts, playground, and public library at the end of the street. A centrally located property, perfect for investment purposes, or multigenerational living. Two addresses: 1 King Street, and 65 Williams Street.

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Listing Details

MLS Number

1375236

Lot Size:

0.03 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility
  • Marina
  • Private School
  • Recreational Facilities
  • Restaurants
  • Shopping
  • Tennis
  • Heating: Natural Gas, Forced Water
  • Heating Fuel: Natural Gas, Forced Water
  • Garage: 1
  • Laundry
  • Local Historic District
  • Corner Lot
  • Fenced
  • Sidewalks
  • Year Built: 1900
  • Water Amenities: Walk To Water

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Market Trends for Multi Family
in Newport

  • Overview
    Homes for Sale Today14-53.3% decrease in inventory
    New on Market *650% increase in new listings
    Avg. Asking Price/Sq.Ft. *$332.40$156 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,500,000$299,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.75%-7.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$317.26$245 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *2129 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?

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

Listed by Mott & Chace Sotheby's Intl.

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