Description
Capture a piece of Newport in the coveted Point neighborhood, where historic charm, coastal living, and investment opportunity come together. Set on a picturesque corner lot just steps from the water and moments from downtown shops, restaurants, and attractions, this charming residence offers an effortless entry into the Newport lifestyle. Currently leased through June 30, 2027, with tenants paying $4,500 per month plus utilities, the property provides nine months of rental income while the next owner plans for future enjoyment. Thoughtfully updated while retaining its original architectural character, the home features central air conditioning, a new heating system, freshly painted exterior, and an updated kitchen. A desirable first-floor bedroom with en suite bath and walk-in shower adds flexibility, while sun-filled living spaces create a warm and inviting atmosphere. Two off-street parking spaces complete this quintessential Point property-a rare opportunity to secure a Newport asset today, generate income from day one, and enjoy it for years to come.
Details
| MLS # | 1422276 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 34 |
| Listing Provided By | Gustave White Sotheby's Realty | Rebecca King |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,138 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R10 |
| Acreage | 0.06 |
| Golf Course | Yes |
| Water Front | Yes |
Interior
| Rooms Total | 5 |
|---|---|
| Heating | Natural Gas, Forced Water |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer |
| Interior Features | Wall (Dry Wall), Stairs, Plumbing (Mixed) |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Fireplace Features | None |
Exterior
| Foundation Details | Stone |
|---|---|
| Lot Features | Local Historic District, Corner Lot, Sidewalks |
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
| Construction Materials | Dry Wall, Clapboard, Wood |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Electric | 100 Amp Service |
Location
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
|---|
Taxes
| Tax Annual Amount | 6658 |
|---|---|
| Tax Assessed Value | 766300 |
| Tax Lot | 074 |
| Tax Year | 2025 |
Area Information
| State | RI |
|---|---|
| County | Newport |
| City | Newport |
| Zip Code | 02840 |
| Area | Newport |
| Community Name | The Point |
| Listing VS Median (in The Point) | |
Price: $1,200,000 low | high Med: $8,000 sqft: 1,138 low | high Med: 1,037 $ / sqft: $1,054 low | high Med: $8 On site: 34 low | high Med: 147.5 | |
Market Activity 02840
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Learn More About This Property
| State | RI |
|---|---|
| County | Newport |
| City | Newport |
| Zip Code | 02840 |
| Area | Newport |
| Community Name | The Point |
| Listing VS Median (in The Point) | |
Price: $1,200,000 low | high Med: $8,000 sqft: 1,138 low | high Med: 1,037 $ / sqft: $1,054 low | high Med: $8 On site: 34 low | high Med: 147.5 | |
 | $1,250,00015 Willow StreetNewport, RI 02840 |
