10 West Extension Street

Newport, RI 02840

$1,395,000
Price
4
Beds
2
Baths
1,653 Sq. Ft.
$844 / Sq. Ft.
1,653
Sq. Ft.
$844
per Sq. Ft.

Description

Discover a rare opportunity to own a thriving two-unit Airbnb in the heart of Newport's vibrant Yachting Village. This updated multi-family property is ideal for investors or those seeking a home with income potential. Whether for investment or residence, this property presents an enticing prospect in Newport's waterfront business zone. The first-floor unit is a cozy one-bedroom, one-bathroom featuring a deck and fireplace, perfect for relaxing and enjoying the coastal ambiance. The second-floor...Discover a rare opportunity to own a thriving two-unit Airbnb in the heart of Newport's vibrant Yachting Village. This updated multi-family property is ideal for investors or those seeking a home with income potential. Whether for investment or residence, this property presents an enticing prospect in Newport's waterfront business zone. The first-floor unit is a cozy one-bedroom, one-bathroom featuring a deck and fireplace, perfect for relaxing and enjoying the coastal ambiance. The second-floor unit is a spacious three-bedroom, one-bathroom that spans two floors, offering ample space and comfort with 2 decks and a fireplace. Each unit has a washer and dryer. With brilliant Newport Harbor views and just steps away from the marinas, restaurants, and shops, this property is an ideal retreat for those seeking the best of coastal living. Don't miss out on this exceptional opportunity! No parking on site, owner rents 2 spaces nearby. Profit and loss available for interested parties.
  1. Listed by Fitzpatrick Team • Brokerage DRE #REB.0019593 • RE/MAX Results
    P: (401)-848-7827 justine@resultswithremax.com
  2. Listed by Joseph Fitzpatrick • RE/MAX Results
    P: (401)-848-7827 C: (401)-848-7827 joe@resultswithremax.com

Property Details for 10 West Extension Street

Furnished
Furnished
LISTING UPDATED: 12/05/2024 10:01 AM

Property Details for 10 West Extension Street

StatusActive
MLS #1364887
Days on Market130
Taxes$6,362 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.04 AC / 1,911 SF
CountyNewport County

Building Information for 10 West Extension Street

Stories-Residences2Year Built1900Building Size-Lot Size0.04 AC / 1,911 SF

Property Information for 10 West Extension Street

Summary
Location and General Information
  • City: Newport
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 3432
  • State Or Province: RI
  • Zoning: WB
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 0
Taxes and HOA Information
  • Tax Annual Amount: $6,362.00
  • Tax Assessed Value: 912100
  • Tax Lot: 152
  • Tax Map Number: 32
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 1653.0
  • Building Area Total: 1653.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0439
  • Lot Size Area: 1911.0
  • Lot Size Square Feet: 1911.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 10WESTEXTENSIONSTNEWP
  • Stories Total: 0
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 6,129,138,675
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Barbecue
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: Masonry
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Interior Features: Skylights, Stall Shower, Furnished
  • Laundry Features: Common Area
  • Rooms Total: 8
  • Window Features: Skylights
Multi Family
Income & Expenses Information
  • Operating Expense: $31,000.00
Unit 1 Information
  • Actual Rent: $6,788.00
  • Description: rents shown -approx average of airbnb bookings
  • Unit Type Area: 918.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $4,502.00
  • Description: rents shown -approx average of airbnb bookings
  • Unit Type Area: 735.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 10 West Extension Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10 West Extension Street

Taxable ValueLand$241,800Additions$345,700Total$587,500
Tax Record2023$5,828 ($486 / month)
Home Facts
Baths2Total Finished SqFt1,653 SqFtAbove Grade Finished SqFt1,653 SqFtStories3Lot Size1,912 SqFtStyleDuplexYear Built1900Year Renovated1997ZoningWBCountyNEWPORTAPNNEWP M:032 B:0152Fireplace TypeHas Fireplace

Schools near 10 West Extension Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10 West Extension Street is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on July 29, 2024 by RE/MAX Results, it's currently listed at $1,395,000. It has been on the market for a total of 130 days and was last sold on January 31, 2017. This listing's school district is Newport School District. Nearby schools include Frank E. Thompson Middle School, Rogers High School and Newport Area Career Tech Center. 10 West Extension Street is a 4-bed, 2-bath, 1,653 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.