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23 Simmons, Newport, RI 02840

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For Sale

$689,900

3 beds • 2 baths • 1,826 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 1880
    Year built

  • $377.82
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Welcome to Newport, this home is situated on a double lot with plenty of parking, plus a quaint yard and priced UNDER ASSESSMENT. Property is a winner if you are looking to make an investment and gain upside in one of the most iconic towns in the world. The building has been recently painted and the decks are new, roof is 1 year old. It is a fixer upper, but also a home that has been lived in and the majority of the repairs needed are cosmetic or to enhance the properties appeal versus structural or health safety related. Its nice to buy an investment property and see that the current owner buttoned up the exterior and kept it from deteriorating. Home is a blank canvas inside and you are the artist. Over 1800 square feet with the potential to add on or enlarge the square footage because of the double lot, you have a lot to work with here, no pun intended. Estimates for after repair value are as high as 1.1 million, but the true value lies in being walking distance to Thames Street, Spencer Park, Henry Hogan Field, the King Park Beach or any number of other attractions that vacationers travel the globe to visit! Bring your creativity and vision with you when you tour this property. Understand the game is to seize opportunities since the good ones are fleeting and only one buyer will be lucky enough to gain this asset for their portfolio. Will that be you? Its a great time for a spring/summer project in Newport and 23 Simmons is calling your name...
MLS# 1356306

Listed By CENTURY 21 Shoreline Properties

Property Features

  • Age
    1-5 Years Old
  • Area Amenities
    Area Pool
  • Basement
    Full, Unfinished
  • Cooling
    No A/C
  • Exterior Description
    Concrete Block
  • Exterior Living Space
    Porch
  • Fireplace Count
    1 Fireplace
  • Flooring
    Hardwood, Ceramic
  • Garage Description
    No Garage
  • Heating - Fuel Type
    Oil
  • Heating Type
    Baseboard
  • Lot Size
    0.11 Acres
  • Sewer
    City
  • Style
    Other Style
  • Water
    City Water

Map and Directions

Directions to 23 Simmons, Newport, RI 02840

Home seller CENTURY 21 Shoreline Properties

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

Matt Patty of Matt Patty Team

of CENTURY 21 Shoreline Properties

(401) 269-6169
Learn More About Us

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Monthly Payment Breakdown

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

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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