7 Caswell AVE

Newport,RI 02840

$ 999000

8 Beds

3 Baths

2934 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,934 sqft

Price per Sqft $340

Subdivision Bliss

MLS Listing ID 1395980

Bedrooms 8

Full Baths 3

Year Built 1920

Annual Tax Amount $5,636

Tax Year 2025

Lot Size 4,791 Sqft

Property Sub-Type Multi Family

Property Description

Opportunity knocks in Newport! This classic Victorian three-family with a welcoming covered porch is just minutes to the beach, Vernon Park, and Broadway shops. Two spacious 3-bed/1-bath units and one 2-bed/1-bath unit offer excellent flexibility for contractors, long-term investors, or an owner-occupant who is building equity and income. You can live on site while making updates to the upper floors to bring top market rents. High ceilings, hardwoods, eat-in kitchens, and vintage baths with clawfoot tubs add character. Separate heat and electric with one water line keep utilities practical. All units enjoy access to the nice shaded fenced yard with patio and plantings that create a relaxing setting. At the end of the street, a path leads directly to Vernon Park with tennis and pickleball courts, as well as playing fields Bring your vision this property delivers strong potential in a prime coastal location. Being sold As-Is.

Location

State RI

County Newport

Community Bliss

Zoning R10

Interior

Heating Baseboard,Oil

Cooling None

Flooring Hardwood,Laminate

Inclusions *NO PARKING* The driveway on the left is not part of property. Please advise customers. Property was owner occupied on the first floor. 2nd fl rent was 1800/mo included water. 3rd Fl rent was $1075. Both below mkt. because longer term renters. owner expenses are water, insurance, yard care.

Laundry Common Area

Exterior

Exterior Feature Porch

Fence Fenced

Community Features Near Hospital,Near Schools,Shopping,Tennis Court(s)

Utilities Available Sewer Connected

Building

Foundation Stone

Sewer Connected

Water Connected,Public

Structure Type Plaster,Vinyl Siding

New Construction No

Others

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