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18 Sheffield Avenue Newport

$2,100,000
5 4 5,975 sq ft

The Property

Stunning mixed-use property offering the best of both worlds – a spacious 5-bedroom, 2.5-bathroom residential unit coupled with a generous 2,625 sq ft of commercial space on the first floor. This 5,975 SqFt building is perfect for a live-work scenario or an investment opportunity.

The airy, high-ceiling residential unit showcases exquisite wide oak flooring and ornate architectural details throughout, bathed in abundant natural light. Generously-sized rooms feature spacious closets and elegant built-ins, while the sophisticated dry bar and marble fireplace adds entertainment appeal.

Meticulously preserved details blend seamlessly with modern amenities, including in-unit laundry and convenient elevator access. The large dry basement provides additional storage space. Outdoors, a bamboo-lined yard creates a serene, private oasis.

The commercial component on the first floor offers versatile square footage, ideal for a variety of business ventures. With ample parking available, this property truly has it all – the comforts of home combined with profitable commercial potential. Don’t miss your chance to make this one-of-a-kind mixed-use gem your next live-work or investment opportunity.

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Listing Details

MLS Number

1372528

Lot Size:

0.30 acres

Features

  • Basement: Partial, Interior and Exterior, Unfinished
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Marina
  • Private School
  • Public School
  • Restaurants
  • Shopping
  • Near Swimming
  • Fireplace: Marble
  • Heating: Oil, Forced Water
  • Heating Fuel: Oil, Forced Water
  • Garage: 1
  • Type: Contemporary
  • Year Built: 1948

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today33-95.7% decrease in inventory
    New on Market *8-42.9% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$753.34$47 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,453,667$268,667 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.39%-3.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$672.96$16 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9837 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?

    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 Kirby & Kirby

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