40 Atlantic Street, Newport
40 Atlantic Street, Newport
40 Atlantic Street, Newport
40 Atlantic Street, Newport
40 Atlantic Street, Newport
40 Atlantic Street, Newport

40 Atlantic Street Newport

$825,000
3 1.5 1,536 sq ft

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The Property

Located in Newport’s high-demand Fifth Ward/Wellington neighborhood, this 1990-built Colonial is a prime investment just blocks from Newport Harbor, King Park, Thames Street, and award-winning restaurants. The home features 3 bedrooms, 1.5 baths, plus a bonus room on the main level currently used as a 4th bedroom or office—boosting rental income and flexibility. It offers off-street parking, a private patio, small fenced yard, and a clean, dry full basement with laundry. Recent updates include a new roof, full interior and exterior paint, refreshed landscaping, and a brand-new water heater.

Hardwood floors run throughout, and the kitchen and baths are clean and functional, with room for future updates—reflected in the price. With a strong rental history, this property offers excellent returns and long-term upside in one of Newport’s most walkable and investor-friendly locations. A rare opportunity to own a low-maintenance home with high income potential and unbeatable proximity to Ida Lewis Yacht Club, Gooseberry Beach, and Ocean Drive. Use as a high-performing rental, seasonal getaway, or future dream home—the options are all here.

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Listing Details

MLS Number

1392757

Lot Size:

0.06 acres

Features

  • Basement: Full, Interior and Exterior, Partially Finished, Laundry
  • Marina
  • Heating: Natural Gas, Forced Air, Gas Connected
  • Heating Fuel: Natural Gas, Forced Air, Gas Connected
  • Fenced
  • Type: Colonial
  • Year Built: 1987
  • Water Amenities: Walk to Salt Water

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Meet Your Associate

Scott Champagne

M: 401.922.7286 scott.champagne@compass.com

Meet Scott

Listed by Compass
Email:
Phone: 401-274-1644

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