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23 Stockholm Street Newport

$687,000
4 2 1,488 sq ft

The Property

Welcome to 23 Stockholm Street. Located in the highly desirable Fifth Ward neighborhood, this two unit multi-family property is ideal for an owner-occupant looking to offset their expenses or an investor looking to capitalize on Newport’s seasonal rental schedule. Each unit was updated in 2010 and a new roof was installed in 2020. Both units feature an open layout between the kitchen and living room with two bedrooms, a full bathroom, and hardwood floors throughout.

Stockholm Street is located directly off of Thames Street and is a short walk to King Park and Newport Harbor. A very low-maintenance lot, the back area is completely graveled which allows for plenty of off-street parking (a huge benefit in this area). This home has been consistently rented for years and is ready for its new owner.

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Listing Details

MLS Number

1316084

Lot Size:

0.08 acres

Features

  • Basement: Full
  • Other Siding
  • Shingles
  • Heating: Baseboard, Forced Water, Individual Control
  • Heating Fuel: Oil
  • Laundry
  • Type: Up/Down
  • Year Built: 1870
  • Water Amenities: Walk To Water

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Market Trends for Multi Family Homes
in Newport

  • Overview
    Homes for Sale Today12-94.3% decrease in inventory
    New on Market *4-33.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$560.77$15 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,165,000$160,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.56%2.9% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$407.57$85 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8326 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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