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83 Tilden Avenue

Newport, RI 02840
  • $1,475,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 1335221
UPDATED: 34 min ago
$1,475,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,695
    SQFT
  • $870
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Ratings & Info

Description

TWO MULTI-FAMILY BUILDINGS SOLD AS A PACKAGE FOR $1,475,000. (See listing for 79 Tilden Avenue: MLS #1335207) 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

© 2023 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: 2023-06-03T19:38:05.657.
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83 Tilden Avenue Newport, RI 02840

  • Price: $1,475,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 34 min ago
  • MLS #: 1335221
4
Beds
2
Baths
0
½ Baths
0.21
Acres
1,695
SQFT
$870
$/SQFT
1890
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 79 Tilden Avenue: MLS #1335207) 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 PlasterClapboardShingle SidingWood Siding Covered Spaces 0 Exterior Features Deck Foundation Details Combination Garage YN No Lot Features Multiple Lots Parking Features No Garage Parking Total 4 Patio And Porch Features Deck

Interior Features

Appliances DryerOvenRangeRefrigeratorWater HeaterWasher Basement FullUnfinished Basement YN Yes Cooling None Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Hardwood Heating BaseboardGasHot Water Interior Features Tub Shower

Property Features

Community Features MarinaNear HospitalNear SchoolsPublic TransportationRecreation AreaRestaurantShoppingTennis Court(S) Electric 100 Amp Service Inclusions Assessments And Property Tax Calculations Are For All Four Lots Combined. GasElectric And Water Are All Are Separately Metered. Washer And Dryer in Basement is For Unit 1 Only. Land Lease YN No Laundry Features Common Area Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic Sewer Tax Annual Amount 11062.26 Tax Assessed Value 925400 Tax Lot 027148014141 Tax Year 2023 Tenant Pays Hot Water Utilities Sewer Connected Water Source ConnectedPublic Zoning R10

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Gustave White Sotheby's Realty: [IDXCONTACTINFORMATION].



[Rhode Island Statewide MLS] logo

© 2023 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: 2023-06-03T19:38:05.657.
 
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