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25 Fair Street Newport

$1,295,000
4 3 2,700 sq ft

The Property

Fantastic investment property available, steps from Thames Street! Located around the corner from Memorial Boulevard and just down from St Mary Church, the shingled 3-unit residential property at 25 Fair Street has wonderful potential. Located in the heart of Newport, it is convenient to everything – shopping, restaurants, the Wharf and more! Currently a 4 bedroom, 3 bath building, renting all 3 units will be a breeze. At the back of the property, facing Gidley Street, is a two car (previously 3 car) garage with an available parking spot in front of the garage doors. And, best of all, the garage is an additional source of income.

Multi-unit properties like this, and in a location as good as this, do not come on the market that often. Be sure to check out the 3d walk-through tour. Call now for a private showing.

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Listing Details

MLS Number

1322678

Lot Size:

0.06 acres

Features

  • Basement: Full
  • Shingles
  • Heating: Baseboard
  • Heating Fuel: Gas,Oil
  • Garage: Detached
  • Laundry
  • Type: Up/Down
  • Year Built: 1881
  • Water Amenities: Walk to Salt Water

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Market Trends for Multi Family Homes
in Newport

  • Overview
    Homes for Sale Today13-92.6% decrease in inventory
    New on Market *566.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$485.15$90 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$1,503,333 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$375 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *117 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 J.E. Group Properties

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