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Coldwell Banker Realty
23 Butler Street, Newport, RI 02840
- $790,000
- 4
- BD
- 3
- BA
- List Price
- $790,000
- Status
- ACTIVE
- Days on Market
- 52
- MLS#
- 1424235
- Subtype
- Residential Income
- Style
- Side By Side
- Architectural Style
- Side By Side
- Year Built
- 1981
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Lot Size
- 7,452
- Acres
- 0.17
Property 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.
Additional Information
- Interior Features
- Bathtub, Tub Shower
- Taxes
- $5,005
- Property Description
- Side By Side
- Flooring
- Ceramic Tile, Hardwood, Vinyl
- Appliances
- Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
- Heating
- Baseboard, Gas
- Air Conditioning
- None
- Exterior Construction
- Drywall, Brick, Shingle Siding
- Levels
- One
- Foundation
- Concrete Perimeter
- Parking Features
- No Garage
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Listing courtesy of Flagship Real Estate Advisors. Contact:
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