32 Houston Avenue

Newport RI 02840

2552 sq. ft.

8502 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Rare three-family home in Newport's Fifth Ward set on an oversized 8,500+ square foot lot, just six doors from King Park and Newport Harbor. A short walk brings you to Thames Street, downtown, and some of the area's best dining, shops, beaches, NYYC, Ida Lewis YC, and more. One of Newport's most walkable and desirable coastal neighborhoods. The property features an updated first-floor three-bedroom unit with in-unit laundry, along with two well-maintained one-bedroom units on the second and third floors. Two of the three units currently have leases in place, offering immediate income with flexibility moving forward. Whether maintained as a multi-family investment, repositioned to increase rental potential, or converted into a larger single-family residence, the property offers multiple paths depending on your goals. The expansive lot provides ample off-street parking and presents additional opportunity for outdoor improvements, a garage, or future expansion. A strong offering in a PRIME location, with both current income and long-term upside.

Features

5 bedrooms

3 bathrooms

8 carspaces

2552 sq. ft. floor area

8502 sq. ft. lot size

Multi-Family

Property history for 32 Houston Avenue

2020

Sold

$750,000

09 Nov 2020 by Joseph Fitzpatrick, of RE/MAX PROFNL. NEWPORT\, INC.

Happy sellers in Newport

We have insufficient information to provide an overview of customer satisfaction for Newport. Viewing the agent profiles, reviews and sales for Newport can provide insights for this location.