16 Sherman St, Newport, RI

House

For Sale

Listed price in listed location currency (USD).

$3,650,000

632

MLS® 1421009

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 3600 sqft

Garage

Taxes $9,362

Days Active 13

Lot Size 0.1 Acres

Approx. Age 1850

Avg. Price Per Sqft $1,013

MLS® Number 1421009

Property Address: 16 Sherman St, Newport, RI, 02840-2924

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

Description

A grand two-family residence in the heart of Newport's Historic Hill, 16 Sherman offers approximately 3, 600 square feet of living space with six bedrooms and three full baths.Its scale, private outdoor areas and exceptional walkability create a rare opportunity for owner-occupancy, or investment in one of Newport's most desirable neighborhoods. The expansive main residence occupies the first two floors and would make an impressive owner's unit.Traditionally Newport in character, it features high ceilings, generously proportioned rooms, original architectural details and higher-end finishes. A private, mature garden and brick patio provide secluded outdoor spaces for dining, entertaining and daily enjoyment. The third floor is a completely separate apartment.Its bright, modern design offers a striking contrast to the traditional residence below.The apartment also enjoys its own private outdoor spaces: a west-facing balcony with views toward the Pell Bridge and Newport's spectacular sunsets and its own outdoor garden patio. Recent improvements to the property include a new roof, updated electrical systems, professionally engineered foundation reinforcement and extensive landscaping.Off-street parking for two cars and an EV charger add everyday convenience. A distinctive Historic Hill property offering two private residences, separate outdoor retreats and the freedom to experience Newport largely on foot. Also offered as a single-family residence under MLS #1420425.

MLS® Number1421009

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1850

BasementExterior Entry, Full, Interior Entry, Unfinished

DrivewayNo Garage

Garage Spaces

HeatBaseboard, Central, Electric, Gas

A/CWindow Units

Extras

The current owners have enjoyed the home as a single family home. The 3rd floor apartment could rent for 3-4K per month. See local rental rates for Historic Hill 4 Br and 2 Br apts with Pell Bridge views and private outdoor spaces and parking. Each unit is allowed a guest parking pass issued by the city.

Map

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