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79 Tilden Avenue

Newport, RI 02840
  • $1,315,000
  • STATUS: Closed
  • ON SITE: 402 Days
  • MLS #: 1335207
Sold - 09/28/2023
$1,315,000
SOLD - 09/28/2023
  • 4
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,951
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1880
County:
Area:

School Ratings & Info

Description

TWO MULTI-FAMILY BUILDINGS SOLD AS A PACKAGE FOR $1,475,000. (See listing for 83 Tilden Avenue: MLS #1335221) Introducing an incredible opportunity to acquire 79 AND 83 Tilden Avenue, two adjacent multi-family properties offering (6) TOTAL UNITS plus two additional lots giving ample off-street parking to all tenants. 83 Tilden Avenue is comprised of (2) two-bedroom / one-bath side-by-side units each with a private deck and separate utilities. 79 Tilden Avenue consists of (4) one-bedroom / one-bath apartments each with separate gas and electricity, pine floors throughout, and shared laundry in the basement. The property boasts a convenient location in the Kerry Hill neighborhood, close to essential amenities, the Newport Bridge, downtown historic Newport, and transportation options. With local rental demand remaining strong, this fully-occupied property provides a steady cash flow for investors seeking long-term returns in the Newport real estate market. This property is not in the Historic District. *Please Note: Four separate lots are being sold as one package (plat 18: lots 141, 014, 148, 027). Figures for lot size, assessment and property taxes represent all four lots.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-23T06:37:46.51.
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79 Tilden Avenue Newport, RI 02840

  • Price: $1,300,000
  • Status: Closed
  • On Site: 402 Days
  • Updated: 187 min ago
  • MLS #: 1335207
4
Beds
4
Baths
0
½ Baths
0.21
Acres
2,951
SQFT
$0
$/SQFT
1880
Built
Neighborhood:
Kerry Hill
County:
Newport
Area:
Newport
Property Description
TWO MULTI-FAMILY BUILDINGS SOLD AS A PACKAGE FOR $1,475,000. (See listing for 83 Tilden Avenue: MLS #1335221) Introducing an incredible opportunity to acquire 79 AND 83 Tilden Avenue, two adjacent multi-family properties offering (6) TOTAL UNITS plus two additional lots giving ample off-street parking to all tenants. 83 Tilden Avenue is comprised of (2) two-bedroom / one-bath side-by-side units each with a private deck and separate utilities. 79 Tilden Avenue consists of (4) one-bedroom / one-bath apartments each with separate gas and electricity, pine floors throughout, and shared laundry in the basement. The property boasts a convenient location in the Kerry Hill neighborhood, close to essential amenities, the Newport Bridge, downtown historic Newport, and transportation options. With local rental demand remaining strong, this fully-occupied property provides a steady cash flow for investors seeking long-term returns in the Newport real estate market. This property is not in the Historic District. *Please Note: Four separate lots are being sold as one package (plat 18: lots 141, 014, 148, 027). Figures for lot size, assessment and property taxes represent all four lots.
Exterior Features

Construction Materials PlasterClapboardShinglesidingWoodsiding Covered Spaces 0 Exterior Features Deck Foundation Details Combination Garage YN No Lot Features Multiplelots Parking Features Nogarage Parking Total 4 Patio And Porch Features Deck

Interior Features

Appliances DryerGaswaterheaterOvenRangeRefrigeratorWaterheaterWasher Basement FullUnfinished Basement YN Yes Cooling None Cooling YN No Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Hardwood Heating BaseboardGasHotwater Heating YN Yes Interior Features Tubshower

Property Features

Buyer Financing Item1031Exchange Community Features GolfMarinaNearhospitalNearschoolsPublictransportationRecreationareaRestaurantShoppingTenniscourts Electric Item100AmpService Human Modified YN Yes Inclusions Assessments And Property Tax Calculations Are For All Four Lots Combined. Gas And Electric Are Separately Metered. Water is included in The Rent. Coin-Op Washer And Dryer in Basement is For The Use Of All Four Units. Land Lease YN No Laundry Features Commonarea New Construction YN No Operating Expense 0 Property Sub Type Multifamily Senior Community YN No Sewer ConnectedPublicsewer Structure Type Apartment Tax Annual Amount 11899.88 Tax Assessed Value 925400 Tax Lot 027148014141 Tax Year 2023 Tenant Pays Hotwater Utilities Sewerconnected Water Source ConnectedPublicWatertapfee Zoning R10

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Gustave White Sotheby's Realty: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-23T06:37:46.51.
 
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The Martone Group | RE/MAX Properties
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Smithfield RI, 02917