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79 Tilden Avenue Newport

$1,315,000
4 4 2,951 sq ft

The Property

TWO MULTI-FAMILY BUILDINGS SOLD AS A PACKAGE FOR $1,475,000. (See listing for 83 Tilden Avenue: MLS #1335221) Introducing an incredible opportunity to acquire 79 AND 83 Tilden Avenue, two adjacent multi-family properties offering (6) TOTAL UNITS plus two additional lots giving ample off-street parking to all tenants. 83 Tilden Avenue is comprised of (2) two-bedroom / one-bath side-by-side units each with a private deck and separate utilities. 79 Tilden Avenue consists of (4) one-bedroom / one-bath apartments each with separate gas and electricity, pine floors throughout, and shared laundry in the basement.

The property boasts a convenient location in the Kerry Hill neighborhood, close to essential amenities, the Newport Bridge, downtown historic Newport, and transportation options. With local rental demand remaining strong, this fully-occupied property provides a steady cash flow for investors seeking long-term returns in the Newport real estate market. This property is not in the Historic District.

*Please Note: Four separate lots are being sold as one package (plat 18: lots 141, 014, 148, 027). Figures for lot size, assessment and property taxes represent all four lots.

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Listing Details

MLS Number

1335207

Lot Size:

0.21 acres

Features

  • Basement: Full
  • Clapboard
  • Deck
  • Shingles
  • Wood
  • Heating: Baseboard, Forced Water, Gas Connected
  • Heating Fuel: Gas
  • Laundry
  • Extra Lot
  • Type: Apartment,Up/Down
  • Year Built: 1880

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Listed by Gustave White Sotheby's Realty

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