54 Homer Street Newport

$625,000
4 1 1,472 sq ft

The Property

Opportunities like this in Newport do not come often. This 4-bedroom, 1-bath home sits on a generously sized lot just minutes from downtown Newport, Broadway’s restaurants and shops, the waterfront, and with easy highway access to the bridge. Being sold as-is, this property presents an ideal opportunity for investors, contractors, or buyers looking to renovate and add value in one of Rhode Island’s most sought after markets. Whether you are building a portfolio or creating your own Newport retreat, this is the kind of lot and location that rewards vision.

Listing Details

MLS Number

1419090

Lot Size:

0.39 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Porch
  • Heating: Natural Gas, Forced Water
  • Heating Fuel: Natural Gas, Forced Water
  • Corner Lot
  • Type: Ranch
  • Year Built: 1958

See more features

Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today105-91% decrease in inventory
    New on Market *33-40% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$721.77$259 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,162,848$121,056 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.21%-5.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$676.68$93 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8216 increase 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

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!