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115 Wellington Avenue Newport

$1,850,000
3 3.5 2,879 sq ft

The Property

Excellent Opportunity Across from King Park! Discover this exceptional 3-story property situated on a prime corner lot with stunning views of the Newport Bridge and harbor from every level. Currently configured as a 2-family residence, the larger unit occupies the upper two floors, with open concept kitchen/living space and two ensuite bedrooms. The first floor is a blank canvas, gutted and partially framed for a potential 1 bed/1 bath apartment, presenting endless possibilities for customization. Keep as a MFM for rental and/or housing family and friends or convert to your dream single family home.

Enjoy outdoor living on one of the multiple decks, including a rooftop deck that provides breathtaking panoramic views, and a lovely fenced yard. A detached 2-car garage offers potential for additional living space. Located steps away from yacht clubs, restaurants, and shops, you’ll experience the vibrant lifestyle Newport has to offer. Recent upgrades include gas HVAC and central air, Hardie plank and cedar shingle siding, Marvin windows, and hardwood floors throughout. Trustee Sale, sold “as is”, Seller Disclosure not available. This property is a rare find!

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Listing Details

MLS Number

1371288

Lot Size:

0.10 acres

Features

  • Basement: Partial, Interior Only, Unfinished
  • Bus
  • Golf
  • Highway Access
  • Hospital
  • Marina
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Deck
  • Fireplace: Gas Insert
  • Heating: Natural Gas, Central Air, Central, Forced Air, Gas Connected, Zoned
  • Heating Fuel: Natural Gas, Central Air, Central, Forced Air, Gas Connected, Zoned
  • Garage: 1
  • Laundry
  • Corner Lot
  • Fenced
  • Paved Driveway
  • Sidewalks
  • Year Built: 1909
  • Water Amenities: Access, Flood Insurance, Saltwater View, Walk to Salt Water

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Market Trends for Multi Family
in Newport

  • Overview
    Homes for Sale Today14-51.7% decrease in inventory
    New on Market *4100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$336.03$153 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,500,000$24,125 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.75%-6.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$317.26$264 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *2142 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 Hogan Associates Christie's

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