Key Facts
- MLS® #: 1379788
- Property ID: SIRC2343457
- Original Price: USD 3,495,000
- Property Type: Residential, Other
- Lot Size: 0.27 ac
- Year Built: 1905
- Bedrooms: 6
- Bathrooms: 4+2
- Parking Spaces: 18
- Listed By:
- Rhys Huntley
Property Description
In perfect time to capitalize on the high season, 3 & 7 Carroll Avenue offer a rare opportunity for buyers looking to enter into a Newport exclusive mixed-use opportunity. Situated in the heart of the vibrant Fifth Ward neighborhood, this property offers a great location close to Ocean Drive and beaches. Whether you choose to live on-site and operate a high-end café or restaurant on the lower level, or capitalize on short-term rentals with the multi-family set-up, this is an investment poised for long-term success. Two residential units enjoy wonderful natural lighting throughout the day and into the evening, with warm sunsets casting over the back deck. Many upgrades have been made, including a full renovation of the third-floor unit, replacement windows, new flooring, and new exterior siding on the main building in 2024. This property has a lot to offer and is truly a must-see to understand the opportunity.
Amenities
- Boating
- Breakfast Bar
- Catering Kitchen
- Ocean / Beach
- Resort
- Vaulted Ceilings
Listing Agents
- Rhys Huntley
C. 401.862.1988
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Location
3-7 Carroll Avenue, Newport, Rhode Island, 02840 United States
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Gustave White Sotheby's International Realty
37 Bellevue Avenue
Newport, Rhode Island, 02840
United States
4018493000