668670 Thames St, Newport, RI 02840 Homes for Sale

For Sale

$2,400,000

• 8 beds
• 4 baths
• 3388 Sq Ft

668670 Thames Street,
Newport, RI, 02840

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Overview

Listing Status Active

MLS 1354604

Property Type

Other

Year built

1900

Total rooms

8

Lot size

0.11 Acres

Time on NeighborWho

58 days

Stories

-

Price per Sq Ft

$708

Parking

6e0 car garage

Basement

-

About 668670 Thames Street, Newport, RI

Welcome to a unique investment opportunity at 668 & 670 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential, or even a family... compound. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport's bustling tourism market. The first-floor unit commands an impressive $3,200 monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual use—adding value and convenience for tenants or personal storage. Stroll just a few steps to 670 Thames Street where a single-family cottage awaits, complete with 2 bedrooms, 1 full bath, and airy living space accentuated by vaulted ceilings. A fenced backyard and outbuilding provide a private retreat or additional storage. Each property sits on its own separate lot. You are within walking distance to an array of downtown amenities. Indulge in local restaurants, lush parks, prestigious yacht clubs, and marinas—all contributing to the allure of this prime real estate offering. Don't miss out on these versatile properties that promise a blend of steady income and delightful living. Read more

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