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23 Calvert Street, Newport, RI 02840

For Sale
Sale Pending

$575,000

2 beds • 2 baths • 1,100 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $522.73
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

HIGHEST AND BEST DUE BY 10 A.M. 6/17 Rare Opportunity- 8-Bay Garage with Residential unit. This versatile property located in the vibrant heart of Newport offers an 8-bay garage with an existing 2-bedroom dwelling above, presenting a rare chance to create something truly special in downtown Newport. **PROPERTY DEEMED UNSAFE BY CITY** Front two garage bays are ordered to be demolished. Please do not attempt to access. Being SOLD as-is . Whether you're a savvy investor, developer, or visionary homeowner, this property holds endless potential. The existing structure will require extensive rehabilitation or may be better suited for redevelopment, offering a clean slate to bring your dream project to life. Zoned for residential use, this site could be transformed into a stunning custom residence, income-producing units or stylish live/work space (subject to local approvals). Walk to all waterfront attractions, shops, restaurants, and historic landmarks, the location is unmatched. Properties with this level of flexibility and opportunity are exceedingly rare don't miss your chance to reimagine this space and capitalize on the demand for centrally located real estate in Newport. Endless potential. Premier location. Unlock the possibilities at 23 Calvert Street.
MLS# 1387319

Courtesy Of RE/MAX River's Edge

(401) 245-2000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Floor Covering
    Laminate
  • Lot Size
    0.11 Acres

Map and Directions

Directions to 23 Calvert 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

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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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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