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23 Warner Street Newport

$1,075,000
9 7 4,742 sq ft

The Property

Handsome two family home with golden opportunities for the savvy investor! Each unit offers ample space, with 4 levels of living! Side A has 4 Bedrooms/3 bathrooms, including a primary suite with a deck, ensuite bathroom with a jacuzzi tub, fireplace + Cupola, to take in the amazing bridge views! Unit B has 5 bedrooms/4 bathrooms, including the top floor primary suite. Updated over the years, you’ll find classic charm melding with modern amenities. Unit A has a solar panel benefit for electricity (solar panels are owned so no lease to assume). There are 2 additional fireplaces in unit A.

Additional features: Gas heat and ductless mini-split units for AC, off street tandem parking for 2 cars, laundry in each unit, and a large storage room in the basement with interior and exterior access. The floor plan and space make this the perfect setup for student rentals, War College rentals, crew housing for the sailing industry, etc. etc.! Located in the Kerry Hill/Farewell neighborhood, you can easily walk to Broadway or Upper Thames Street for dining and shopping, and not far from the Naval base or shipyard. Lease in place in unit A through the end of June 2023.

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Listing Details

MLS Number

1330751

Lot Size:

0.05 acres

Features

  • Basement: Full
  • Brick
  • Deck
  • Porch
  • Shingles
  • Fireplace: Brick
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Gas
  • Laundry
  • Corner
  • Sidewalks
  • Type: Side/Side
  • Year Built: 1863

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Market Trends for Multi Family Homes
in Newport

  • Overview
    Homes for Sale Today11-94.8% 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 *$1,061,250$263,750 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.05%2.4% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$365.20$42 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *1045 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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