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374 Spring Street Newport

$649,000
5 2 3,444 sq ft

The Property

This renovated two family in the heart of downtown Newport makes a great investment. Both units have been updated with stylish decor, new kitchens and baths, in unit laundry, ductless A/C and other mechanical updates. Other features include bright rooms, tasteful paint colors throughout and hardwood floors. With proven rental history yearly and seasonally, there is great income potential if you choose to rent both units, or live in one unit and rent the other.

This is a great opportunity to buy a move-in ready multi-family in a great location, don’t miss out!

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Listing Details

MLS Number

1238479

Lot Size:

0.06 acres

Features

  • Basement: Full
  • Shingles
  • Vinyl Siding
  • Heating: Individual Control, Radiant Heat
  • Heating Fuel: Electric,Oil
  • Laundry
  • Type: Side/Side
  • Year Built: 1900

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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$10 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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