7 Bayview Avenue
$1,390,000

7 Bayview Avenue

9 Beds 3 Baths 5,220 Sq.Ft.

Description

Great opportunity as an investment property or owner-occupied property with solid rental income of $7800 per month and potential for more. It is a large and spacious 3-family with over 1700 square feet per unit and over 5200 square feet in total. The units are in good condition and have in-unit washer/dryer. There are 3 bedrooms in each unit with potential for a fourth in each with little to no work. Also, it is located in close walking distance to restaurants, bars, and entertainment on Broadway and downtown. All utilities separate.

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Location

7 Bayview Avenue, Newport, RI 02840

Status

Sold
The Fraioli-Wilson Team

The Fraioli-Wilson Team

TITLE

Top-Producing Luxury Real Estate Team Led By Ryan Wilson & Juliana Fraioli Wilson

Alexander & Ecaterina Fraioli

Alexander & Ecaterina Fraioli

TITLE

Owner and Realtor®

Newport

An affluent seaside community located on Aquidneck Island.

Property Amenities

Interior
Kitchen Gas Water Heater
Flooring Carpet, Hardwood
Total Bedrooms: 9
Full Bathrooms: 3
Area & Lot
Lot Area 4,791.6 Sq.Ft.
Living area 5,220 Sq.Ft.
MLS® ID 1351320
Year Built 1900
Type Multi-Family
Status Sold
Exterior
Air conditioning None
Heat type Gas
Water Source Public
Sewer Public Sewer
Parking No Garage
Finance
Sales Price $1,390,000
Real Estate Tax $6,312 yearly

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