5 Elliot Place, Newport, RI 02840
Local realty services provided by:CENTURY 21 Shutters & Sails
Listed by: alexander fraioli
Office: edge realty ri
MLS#:1424387
Source:RI_STATEWIDE
Price summary
- Price:$1,375,000
- Price per sq. ft.:$409.47
About this home
Just off Upper Broadway, this well-maintained three-family home offers two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern improvements.
Major capital expenditures have already been addressed, making this a truly turnkey opportunity. Recent improvements include a newer roof, clapboard siding, windows and exterior PVC trim, gutters, chimney caps, updated electrical, plumbing and heating systems, a new sewer main, sump pump, EV charging station, and Trex decking. The individual units were also updated just a few years ago.
Additional highlights include five off-street parking spaces, a two-car garage, deck, and garden area. Ideally located just off Broadway, the property is close to restaurants and shops, the U.S. Naval War College, downtown Newport, and convenient highway access.
Lastly, this property is eligible for a 2/1 interest rate buydown through AnnieMac Home Mortgage. Qualified buyers may be able to start with an interest rate 2% below the prevailing rate in year one and 1% below in year two, subject to lender approval and program guidelines. Contact the listing agent for additional details....
Contact an agent
Home facts
- Year built:1870
- Subdivision & Development:North Broadway
- Listing ID #:1424387
- Added:25 day(s) ago
- Updated:October 21, 2026 at 02:03 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Flooring:Hardwood
- Bathrooms Description:Bathtub, Tub Shower
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:3,358 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water, Oil
Structure and exterior
- Year built:1870
- Building area:3,358 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Clapboard, Drywall
- Foundation Description:Stone
Utilities
- Water:Connected, Public
- Sewer:Connected, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,375,000
- Price per sq. ft.:$409.47
- Tax amount:$7,371 (2025)
Features and amenities
- Laundry features:Common Area, In Unit
- Amenities:Electric Water Heater
Parking
- Total parking spaces:5
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:2
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