24 Pond Avenue Newport

$895,000
5 2.5 2,160 sq ft

The Property

Turnkey 2-family investment opportunity in a prime Newport location. Offering three levels of living space, this well-maintained multi-family property presents strong income potential with a proven rental history.

Ideally situated near Broadway, the property provides great walkability and convenient access to local restaurants, shops, and everyday amenities, as well as close proximity to the Newport Naval Station, downtown Newport, and area beaches. The layout offers flexibility for both investors and owner-occupants seeking rental income.


Additional highlights include separate utilities, basement storage and the potential to create off-street parking, adding further value. A rare opportunity to own a move-in ready multi-family property in one of Newport’s most desirable and high-demand rental markets.

Read more

Listing Details

MLS Number

1417971

Lot Size:

0.05 acres

Features

  • Basement: Full, Bulkhead, Unfinished
  • Heating: Natural Gas, Forced Water
  • Heating Fuel: Natural Gas, Forced Water
  • Laundry
  • Year Built: 1890

Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today108-90.7% decrease in inventory
    New on Market *42-16% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$867.02$4 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,298,800$160,029 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.91%3.5% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$770.92$20 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *673 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 Results
Phone: 401-848-7827

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!