115 Wellington Avenue, Newport, RI 02840 - Photo 1

1/1

$2,000,500

Sold
Closed
Multi-Family
2 Units
3 Total Beds
0.1033 Acres
2 Car Garage

1/1

Property Description

Excellent Opportunity Across from King Park! Discover this exceptional 3-story property situated on a prime corner lot with stunning views of the Newport Bridge and harbor from every level. Currently configured as a 2-family residence, the larger unit occupies the upper two floors, with open concept kitchen/living space and two ensuite bedrooms. The first floor is a blank canvas, gutted and partially framed for a potential 1 bed/1 bath apartment, presenting endless possibilities for customization. Keep as a MFM for rental and/or housing family and friends or convert to your dream single family home. Enjoy outdoor living on one of the multiple decks, including a rooftop deck that provides breathtaking panoramic views, and a lovely fenced yard. A detached 2-car garage offers potential for additional living space. Located steps away from yacht clubs, restaurants, and shops, you'll experience the vibrant lifestyle Newport has to offer. Recent upgrades include gas HVAC and central air, Hardie plank and cedar shingle siding, Marvin windows, and hardwood floors throughout. Trustee Sale, sold "as is", Seller Disclosure not available. This property is a rare find!

Full Property Details

Full Property Details for 115 Wellington Ave

General

Sold For: $2,000,500
Taxes: $14,616 (2024)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1371288
Added to Site: 453 day(s) ago

Interior

Number of Rooms: 8
Interior Features: Skylights, Stall Shower, Tub Shower, Cable TV
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Insert, Gas
Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
Flooring: Ceramic Tile, Hardwood, Laminate

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 3
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: In Unit

Additional Information

Tennis: Yes

Exterior

Exterior Features: Deck, Paved Driveway
Porch/Patio/Deck: Deck

Parking

Garage: Yes
Garage Spaces: 2
Covered Spaces: 2
Total Spaces: 5
Parking Features: Detached, Garage, Garage Door Opener

Location

County: Newport
Subdivision: Wellington/ King Park
Near Highway: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air Conditioning
Heating Type: Central, Forced Air, Gas, Zoned

Utilities

Sewer: Connected, Public Sewer
Water: Connected, Public
Utility Description: Sewer Connected

Structural Information

# Buildings: 2
Detached/Attached: Detached
Construction: Drywall, Plaster, Clapboard, Shingle Siding
Basement: Yes
Basement Desc.: Interior Entry, Partial, Unfinished
Windows: Skylight(s), Storm Window(s), Thermal Windows
Stories/Levels: 3
Building Size: 2879
Finished Total: 2,879 Sq. Ft.
Finished Above Grnd: 2,879 Sq. Ft.
Year Built: 1909

Lot Features

Property View: Saltwater, Water
Lot Size (Acres): 0.1033
Lot Size (Sq. Ft.): 4,500
Lot Size: 4500
Sidewalks: Yes
Lot Features: Corner Lot
Fencing (Description): Fenced

Water Features

Water View: Yes
Water Front Desc.: Water Access, Walk to Water

Financial Considerations

Tax Amount: $14,616.09
Tax Year: 2024

Disclosures and Reports

Inclusions: Trustee Sale: No Seller Sales Disclosure and property sold "as is."
Disclosures/Rstr.: Owner Has Flood Insurance
Property ID: 115WELLINGTONAVNEWP
Lot Number: 359

Listed by Hogan Associates Christie's
Sold by Residential Properties Ltd.

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— 115 Wellington Ave —

Hogan Associates Christie's

318-525-6901

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Schools

Schools serving 115 Wellington Ave

School District:Newport School District, Newport, RI

Name	Grades	Distance
Rogers High School 15 Wickham Road, Newport, RI 02840	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 115 Wellington Ave

Date

Details

Price

Change

Source

12/03/2024

Sold

$2,000,500

8.14%

MLS

10/22/2024

Listed

$1,850,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Manufacturing
Active

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Just Listed

$840,000

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Condo
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,521
Sq. Ft.

844 Boston Neck Rd, Narragansett, RI 02882 - Photo 1

Just Listed

$737,900

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Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
1,080
Sq. Ft.

Listed by David Boisvert (401) 533-2976

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Just Listed

$799,900

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Single Family
Active
Updated 4 days ago

2
Beds
1
Total Bath
952
Sq. Ft.

318 Mitchell's Ln, Middletown, RI 02871 - Photo 1

Price Reduced

-$51,000 (-7.85%)

$599,000

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Single Family
Active
Updated 4 days ago

3
Beds
1
Total Bath
1,205
Sq. Ft.

400 Schooner Ave, Jamestown, RI 02835 - Photo 1

Price Reduced

-$14,000 (-1.75%)

$785,000

400 Schooner Ave Jamestown, RI 02835

Single Family
Active
Updated 2 days ago

3
Beds
1
Total Bath
1,500
Sq. Ft.

39 Walcott Ave, Jamestown, RI 02835 - Photo 1

Price Reduced

-$500,000 (-9.27%)

$4,895,000

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Single Family
Active
Updated 2 days ago

7
Beds
4
Total Baths
3,818
Sq. Ft.

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Price Reduced

-$40,000 (-13.34%)

$259,900

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Single Family
Active
Updated 4 days ago

2
Beds
1
Total Bath
794
Sq. Ft.

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Sold

$1,795,000

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Single Family
Closed

4
Beds
3
Total Baths
2,381
Sq. Ft.

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Sold

$1,800,000

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Multi-Family
Closed

3
Units
10
Total Beds
0.0898
Acres

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Sold

$1,805,000

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Multi-Family
Closed

4
Units
5
Total Beds
0.0582
Acres

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Sold

$1,985,000

8 Kerins Terrace Newport, RI 02840

Single Family
Closed

3
Beds
3
Total Baths
2,592
Sq. Ft.

115 Wellington Avenue, Newport, RI 02840 (MLS# 1371288) is a Multi-Family property that was sold at $2,000,500 on December 03, 2024. Want to learn more about 115 Wellington 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.

115 Wellington Ave Newport, RI 02840