27 - 29 Franklin Street Newport

$1,805,000
5 4 2,758 sq ft

The Property

The c1745 Benjamin Norton House is a well maintained, legal 4 unit in Historic Hill. Located steps from Thames St, this General Business zoned property is perfect for an investor, owner occupy, or short -term rental potential. The first floor offers (2) one-bedroom, one-bath units with great light, high ceilings, and plenty of space. Second floor offers a spacious 1200sf, two-bedroom, one bath unit.

Third floor is another large one-bedroom, one bath unit. All units currently occupied. Other features include two tandem off-street parking spaces in the rear and a newer gas heating system.

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Listing Details

MLS Number

1391417

Lot Size:

0.06 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility
  • Hospital
  • Marina
  • Private School
  • Public School
  • Restaurants
  • Shopping
  • Tennis
  • Heating: Natural Gas, Forced Water
  • Heating Fuel: Natural Gas, Forced Water
  • Local Historic District
  • Year Built: 1745
  • Water Amenities: Saltwater View

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today89-92% decrease in inventory
    New on Market *5332.5% increase in new listings
    Avg. Asking Price/Sq.Ft. *$775.72$26 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,137,246$170,063 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.21%0.9% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$786.53$117 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *689 increase 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 Gustave White Sotheby's Realty

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