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668670 Thames Street, Newport, RI 02840

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For Sale

$2,400,000

8 beds • 4 baths • 3,388 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $708.38
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 1354604

Courtesy Of ReMax Professionals of Newport

(401) 849-0100

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C, None
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Hardwood
  • Heating Fuel
    Natural Gas
  • Lot Size
    0.12 Acres
  • Roof Type
    Unknown
  • Rooms
    Basement, Bedroom, Full Bath

Map and Directions

Directions to 668670 Thames Street, Newport, RI 02840

Home seller CENTURY 21 Topsail Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Topsail Realty

(401) 683-4900
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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