604 Thames & 4 Dixon ST new

Newport,RI 02840

$ 1950000

5 Beds

4 Baths

2930 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,930 sqft

Price per Sqft $665

Subdivision Thames Street/Downtown

MLS Listing ID 1397512

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1870

Annual Tax Amount $5,883

Tax Year 2025

Lot Size 3,484 Sqft

Property Sub-Type Multi Family

Property Description

Discover a rare offering in one of Newport's most desirable downtown locations. This thoughtfully updated multi-family property includes three distinct spaces across connected addresses: 602 Thames Street, 604 Thames Street, and 4 Dixon Street - combining residential versatility with commercial potential in the LB zone. The street-level storefront at 602 Thames offers excellent visibility and foot traffic, ideal for retail, gallery, or office use. Above, 604 Thames features a beautifully renovated 3-bedroom, 2-bathroom residence with hardwood floors throughout, abundant natural light, modern finishes, and a brand new washer and dryer. 602 and 604 Thames have brand-new exterior vinyl, adding to the property's curb appeal and low-maintenance durability. At 4 Dixon Street, a separate single-level 2-bedroom, 1-bath unit provides additional income potential or private guest accommodations and also includes a brand-new washer/dryer. Both residences share an inviting outdoor space, perfect for relaxing or entertaining. Completing the property is a 462 square foot two-car temperature controlled garage on McAllister Street with a new roof, doors, flooring, and sheetrock - certainly a rare find in this area. Located just steps from Newport's acclaimed restaurants, shops, and waterfront, this property combines convenience, style, and investment potential. Being sold furnished with a few exclusions.

Location

State RI

County Newport

Community Thames Street/Downtown

Zoning LB

Interior

Heating Hot Water,Oil

Cooling Ductless,Wall Unit(s)

Flooring Hardwood

Fireplaces Type None

Inclusions No P&L due to the apartments being used by family. Storefront is vacant. Owner has submitted application for short-term rentals and ADU approval. Property being sold furnished only - owners will remove a few select personal items.

Laundry In Unit

Exterior

Parking Features Detached

Garage Spaces 2.0

Community Features Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Restaurant,Shopping,Tennis Court(s),Sidewalks

Waterfront Description Walk to Water

Building

Foundation Combination

Sewer Public Sewer

Water Public

Structure Type Drywall,Shingle Siding,Vinyl Siding,Wood Siding

New Construction No

Others

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