$1,425,000 USD
Multi Family Home for Sale, 5 Elliot Place, Newport, Rhode Island 02840
- MLS#1399953
- 8
- 3
312 m² (3,358 ft²)
Listed By Serhant Rhode Island
The Multi Family Home for Sale located at 5 Elliot Place, Newport, Rhode Island 02840 is currently for sale. 5 Elliot Place, Newport, Rhode Island 02840 is listed for $1,425,000. This property has 8 bedrooms, 3 bathrooms.
Property features
Property
- Property size:
312 m² (3,358 ft²) - Features: GarageBasement
Lot/Land
- Land/Lot size:
502 m² (5,401 ft²) - Lot description: Paved Road
Construction
- Year built: 1870
- Basement and foundation: UnfinishedFull Basement
Parking/Garage
- Garage description: Detached Garage
Bedrooms
- Bedrooms: 8
Bathrooms
- Total bathrooms: 3
- Full bathrooms: 3
Interior Features
- Floors: Hardwood
- Number of fireplaces: 3
Heating and Cooling
- Heating system: BaseboardNatural GasOil
- Cooling system: Window Unit(s)
Utilities
- Other utilities: Public Sewer
Description
Excellent investment opportunity in Newport’s sought-after Upper Broadway neighborhood. This well-maintained Victorian three-family offers over 3,300 sq. ft. of living space and blends historic character with smart updates, including a newer roof, siding, windows, and utilities. Each unit features high ceilings, great natural light, and strong rental potential. Flexible options to occupy one unit or lease all three. Prime location within walking distance to Broadway’s restaurants, cafés, and shops. A rare chance to own a solid, income-producing property in one of Newport’s most desirable markets.
Location
5 Elliot Place, Newport, Rhode Island 02840