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Listed price in listed location currency (USD).
$790,000

436

MLS® 1424235

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 1744 sqft
Garage 
Taxes $5,005
Days Active 1
Lot Size 0.1711 Acres
Approx. Age 1981
Avg. Price Per Sqft $452
MLS® Number 1424235

Property Address: 23 Butler St, Newport, RI, 02840-1604

Average square foot calculated using Size range provided by listing agent.

Description

Excellent one level duplex at an amazing price offers two spacious residential units, strong rental income, ample parking, and future expansion potential. Unit A features 2 bedrooms and 2 full baths, while Unit B offers 2 bedrooms and 1 full bath. Both units have desirable features including fireplaces, hardwood floors, large kitchens, and comfortable single-level living. Each side has separately metered gas and electric and a full, concrete basement. Currently producing $4, 500 per month or $54, 000 annually in gross rental income. Excellent additional rent potential with minor cosmetic improvements and updates. An outstanding opportunity for an owner-occupied duplex, multifamily investment property, or year-round rental. Conveniently located near the Naval Station Newport, downtown Newport, local beaches and waterfront access, making this an attractive option for military personnel, professionals, commuters, and long-term renters seeking proximity to Newport and Narragansett Bay.
MLS® Number1424235
Laundry LevelEnsuite
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1981
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces
HeatBaseboard, Gas
A/CNone

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $790,000 and $1,447,000.
Similar properties in this area sold on average for: $1,227,512
Expected to sell in 36 days. Similar properties sold in 37 days. This home has been on Zoocasa for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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