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7 Bayview Avenue, Newport, RI 02840
$1,390,000
7 Bayview Avenue, Newport, RI 02840View this property at 7 Bayview Avenue, Newport, RI 02840
7 Bayview AvenueNewportRI02840
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Property Description
Great opportunity as an investment property or owner-occupied property with solid rental income of $7800 per month and potential for more. It is a large and spacious 3-family with over 1700 square feet per unit and over 5200 square feet in total. The units are in good condition and have in-unit washer/dryer. There are 3 bedrooms in each unit with potential for a fourth in each with little to no work. Also, it is located in close walking distance to restaurants, bars, and entertainment on Broadway and downtown. All utilities separate.
Full Property Details
Full Property Details for 7 Bayview Ave
General
- Sold For: $1,390,000
- Taxes: $6,312 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 1351320
- Added to Site: 140 day(s) ago
Interior
- Number of Rooms: 18
- Appliances: Gas Water Heater
- Flooring: Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Total Spaces: 4
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Off Broadway
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Stories/Levels: 0
- Building Size: 5220
- Finished Total: 5,220 Sq. Ft.
- Finished Above Grnd: 5,220 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: 4792
Financial Considerations
- Operating Expenses: $6,312
- Tax Amount: $6,312
- Tax Year: 2021
Disclosures and Reports
- Property ID: 7BAYVIEWAVNEWP
- Lot Number: 199
Listed by Edge Realty RI
Sold by Edge Realty RI
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Schools
Schools serving 7 Bayview Ave
School District:Newport Schools
Rating | Name | Grades | Distance |
---|---|---|---|
15 Wickham Rd, Newport, RI 02840 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 Bayview Ave
Date
Details
Price
Change
Source
1/19/2024
Sold
$1,390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7 Bayview Avenue, Newport, RI 02840 (MLS# 1351320) is a Multi-Family property that was sold at $1,390,000 on January 19, 2024. Want to learn more about 7 Bayview Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.