3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
3 Clinton Street
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$1,200,000

3 Clinton Street

8 Beds 5 Baths 3,550 Sq.Ft.

Description

Investors take note Legal 4 unit property located in the Fifth Ward. This property has two separate buildings on one lot. The building closest to the street is the rental property. The second building lends itself to being a great owner-occupied property .Live for free, or rent it out for positive cash flow. The front building is the original 1920's home that has been converted into three units, 2 - 1 BD/1 BA and 1 -2BD/1 BA. The property has an excellent rental history all three units currently have leases in place (the sale is contingent on all leases being honored). In the back is the detached garage that has been converted into a very spacious 4BD owner's unit boasting two full baths with custom marble showers and a great open living room. The property has been well maintained through the years. The newer roof has 30-year architectural shingles. The vinyl siding is great for easy exterior maintenance. The new PVC fence surrounding the entire property gives you privacy all year round. Tons of off-street parking, which is always in demand in Newport. Partial water views, the home sits directly across the street from Spencer Park, and adjacent to the property is Kings Park which is right on the water. Don't forget the proximity to downtown Newport, local beaches, and the many parks and recreational opportunities in the area. Seller wants to sell the entire property turnkey.

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Location

3 Clinton Street, Newport, RI 02840

Status

Sold
Alexander & Ecaterina Fraioli

Alexander & Ecaterina Fraioli

TITLE

Owner and Realtor®

Newport

An affluent seaside community located on Aquidneck Island.

Property Amenities

Interior
Laundry room Common Area
Fireplace None
Appliances Gas Water Heater
Flooring Carpet, Hardwood
Total Bedrooms: 8
Full Bathrooms: 5
Other Interior Features Tub Shower
Area & Lot
Lot Area 5,663 Sq.Ft.
Living area 3,550 Sq.Ft.
MLS® ID 1301541
Year Built 1920
View Description Saltwater,Water
Architecture Styles Apartment
Type Multi-Family
Status Sold
Exterior
Stories 2
Air conditioning None
Heat type Gas, Hot Water
Water Source Connected, Public
Sewer Connected, Public Sewer
Other Exterior Features Paved Driveway
Parking No Garage
Utilities Sewer Connected, Water Connected
Finance
Sales Price $1,200,000
Real Estate Tax $10,500 yearly

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