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MLS® ID: 1233414

7 Sylvan Street

Newport, Rhode Island, 02840

$725,000 Pending
  • 6 Beds
  • 4 Baths
  • 2500 SQFT
Investor or owner-occupied with income. 6 BR 3.5 baths - Brick main house with separate bungalow offering options to have a Newport retreat and an income-producing investment. Each unit could be leased separately. 5 in the front and 1-2 in the cottage. At a future date a possible conversion to a single-family. Currently leased 09/03/19 -05/22/20 at $3600 mo ($32,400 yr) plus utilities. Used by owners in the summer but could be leased for the summer season @ $20,000 - $25,000. Parking, courtyard, basement for storage and washer/dryer. Sale includes the majority of the furnishings and fixtures.
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Listing courtesy of Hogan Associates

Amenities

  • Full baths
    4
  • Full Baths Range
    4+ Baths
  • Total Baths
    4
  • Zip
    02840
  • Office name
    Hogan Associates
  • SQFT
    2500
  • Bedrooms
    6
  • Property type
    Residential
  • Zoning type
    R 10
  • Year built
    1916
  • Sewer
    Connected
  • Heating
    HotWater,Oil
  • Tax year
    0
  • Agent name
    Gordon King
  • Tax amount
    $ 6658.0
  • Purchase Type
    Pending
  • Price Range
    $700k-$800k
  • Square Feet Range
    2000-2500 sq ft.
  • Bedrooms Range
    6 Beds
  • Year Built Range
    1989 (and earlier)

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