27 Elm Street, Newport, RI 02840
Local realty services provided by:CENTURY 21 Signature Properties
Listed by: jesse ross
Office: hogan associates christie's
MLS#:1427366
Source:RI_STATEWIDE
Price summary
- Price:$2,600,000
- Price per sq. ft.:$891.02
About this home
A unique opportunity in one of Newport's most historic and desirable neighborhoods! Located on The Point, this substantial multi-family property offers an extraordinary combination of space, land, and potential. Spanning three floors with nearly 3,000 square feet of living space, the property features two legal units, totaling 8 bedrooms and 3 full bathrooms, with one full bathroom on each floor. The existing layout also offers the potential to be easily converted into an impressive single-family residence, providing flexibility for a variety of uses and visions. The oversized lot, measuring over 7,500 square feet, is an exceptional find for the area and provides possibilities rarely found in this location. Additional highlights include a four-bay garage and an expansive driveway with parking for approximately eight vehicles. Just blocks from downtown Newport, the Newport Shipyard, harbor, shops, and restaurants, with easy access to the Newport Bridge, the location offers convenience to everything Newport has to offer. This property is in need of a complete renovation and is ready for its next chapter. Whether you're an investor, contractor, or buyer with a vision, this is a rare opportunity to reimagine a property in one of Newport's most sought-after neighborhoods. Bring your ideas and unlock the full potential of this exceptional property....
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Home facts
- Year built:1857
- Subdivision & Development:The Point
- Listing ID #:1427366
- Added:3 day(s) ago
- Updated:November 02, 2026 at 06:57 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:13
- Flooring:Hardwood, Vinyl
- Bathrooms Description:Tub Shower
- Basement:Yes
- Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
- Living area:2,918 sq. ft.
Heating and cooling
- Heating:Hot Water, Oil
Structure and exterior
- Year built:1857
- Building area:2,918 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Clapboard, Drywall, Plaster, Shingle Siding
- Foundation Description:Combination
Utilities
- Water:Connected, Public
- Sewer:Connected, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,600,000
- Price per sq. ft.:$891.02
- Tax amount:$9,991 (2026)
Features and amenities
- Laundry features:Common Area
- Amenities:Electric Water Heater
Parking
- Total parking spaces:10
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:4
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