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40 Atlantic Street, Newport, RI 02840

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For Sale

$875,000

3 beds • 1 baths • 1 half baths • 1,536 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $569.66
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

Located in Newport s high-demand Fifth Ward/Wellington neighborhood, this 1990-built Colonial is a prime investment just blocks from Newport Harbor, King Park, Thames Street, and award-winning restaurants. The home features 3 bedrooms, 1.5 baths, plus a bonus room on the main level currently used as a 4th bedroom or office boosting rental income and flexibility. It offers off-street parking, a private patio, small fenced yard, and a clean, dry full basement with laundry. Recent updates include a new roof, full interior and exterior paint, refreshed landscaping, and a brand-new water heater. Hardwood floors run throughout, and the kitchen and baths are clean and functional, with room for future updates reflected in the price. With a strong rental history, this property offers excellent returns and long-term upside in one of Newport s most walkable and investor-friendly locations. A rare opportunity to own a low-maintenance home with high income potential and unbeatable proximity to Ida Lewis Yacht Club, Gooseberry Beach, and Ocean Drive. Use as a high-performing rental, seasonal getaway, or future dream home the options are all here.
MLS# 1385548

Courtesy Of Compass / Lila Delman Compass

(401) 269-3244

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Deck, Patio
  • Architecture Style
    Colonial
  • Floor Covering
    Carpet, Hardwood, Laminate, Tile, Tile - Ceramic
  • Heating System
    Forced Air
  • Lot Size
    0.06 Acres

Map and Directions

Directions to 40 Atlantic 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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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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