9 Lincoln Street Newport, RI 02840

For sale for $849,000 - MLS # 1331409

9 Lincoln Street
Newport, Rhode Island RI 02840
Sold For: $800,000
Listing ID 1331409 Status Closed 6/14/2023 Sold Date 6 Bedrooms 3 Full Baths 2,438 SqFt 0.075 Acres Subdivision: Kay Street & Broadway

Property Description:

A stone's throw from the trendy Broadway scene, this large 3-family comes with parking for 4 large vehicles in the paved driveway. Each floor comprises a sizeable 2-bedroom 1 bath apartment, all with room to spare and opportunity to improve. Other attractive features include a fenced-in yard with patio & firepit, a 10-year-young roof, and a 3-year-young hot water heater. Yearly rentals are in super high demand and extremely short supply, making this off-Broadway gem a wise investment. ~ 1.5 miles to Easton Beach & the Cliff Walk ~ 3 miles to Ocean Drive ~ 1/2 mile to Washington Square ~ 1 mile to the border of Middletown ~

Primary Features

County: Newport
Property Sub Type: Multi Family
Property Type: Residential Income
Subdivision: Kay Street & Broadway
Year Built: 1870
Zoning: r10

Interior

Appliances: Common Water Heater, Electric Water Heater, Water Heater
Basement Type: Exterior Entry, Full, Interior Entry, Unfinished
Buyer Financing: Conventional
Cooling Type: None
Electric: 100 Amp Service, Circuit Breakers
Fireplace Features: None
Flooring: Carpet, Hardwood, Laminate
Heating Type: Baseboard, Common, Hot Water, Oil, Zoned
Interior Features: Tub Shower
Laundry Features: Common Area
Living Area Source: Public Records
Utilities: Sewer Connected
Rooms Total: 16
Stories Total: 3

External

Construction Materials: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
Exterior Features: Paved Driveway
Fencing: Fenced
Foundation Details: Stone
Number Of Buildings: 1
Number Of Units Total: 3
Parking Features: No Garage
Parking Total: 4
Property Condition: Fixer
Water Source: Connected, Public

Location

Community Features: Public Transportation, Sidewalks
Lot Size Square Feet: 3253

Additional

Mls Status: Closed
Permission: IDX
Possession: Rental Agreement
Sewer: Connected, Public Sewer

Financial

Operating Expense: 7500
Owner Pays: Hot Water
Tax Annual Amount: 4527.27
Tax Assessed Value: 471700
Tax Lot: 086
Tax Year: 2022

Zoning Info


Area Info


IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 RI State-Wide MLS (RIS). All rights reserved. Listed by Keller Williams Coastal. Data last updated: Tuesday, April 16th, 2024 at 12:19:30 PM.

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