Don't miss this exceptional opportunity to own a piece of real estate in a coveted neighborhood. Whether you're looking for a profitable investment or a place to call home, this 6-UNIT MULTI-FAMILY property with condo conversion potential offers the best of both worlds. There are (6) one bedroom / one bath units plus a third-floor office with full bath. Off-street parking, SEPARATE UTILITIES, freshly painted exterior, full basement with coin-op washer and dryer, and outdoor deck space for each unit. Rents are below market rate: (1) vacant unit, (3) month-to-month units and (2) units with leases. This property boasts a convenient location in the Kay/Catherine neighborhood, close to essential and recreational amenities such as Bellevue Avenue Shopping Plaza and downtown Newport. See MLS #1345252 for commercial listing.
Sold for $1,500,000
$1,500,000
24 Brinley, Newport, RI 02840
6beds
3,987sqft
Multi Family
Built in 1900
-- sqft lot
$2,025,600 Zestimate®
$376/sqft
$4,694 Estimated rent
Home value
$2,025,600
$1.80M - $2.33M
$4,694/mo
Zestimate® history
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$4,694/mo
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$7,279/mo
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List your homeWhat's special
Separate utilitiesFreshly painted exteriorCoin-op washerOutdoor deck space
Zillow last checked:
Listing updated:
Listed by:
Kate Rooney 401-849-3000,
Gustave White Sotheby's Realty
Bought with:
Kate Rooney, RES.0040083
Gustave White Sotheby's Realty
Source: StateWide MLS RI,MLS#: 1344952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 7
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Electric, Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater, Dryer, Oven/Range, Refrigerator, Washer
- Laundry: Common Area, In Building
Features
- Stairs, Plumbing (Mixed)
- Flooring: Hardwood
- Basement: Full,Interior and Exterior,Unfinished,Common,Laundry,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,040
- Total interior livable area: 3,987 sqft
Property
Parking
- Total spaces: 5
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 5,113 Square Feet
- Features: Local Historic District
Details
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Clapboard, Wood
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Individual Meter, Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Kay/Catherine
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $376/sqft
- Annual tax amount: $9,874
- Date on market: 9/26/2024
- Inclusions: This is a SIX UNIT building; units and rents are combined in the "Units" section of multi-family listing. See MLS #1345252 for commercial listing detailing all six units. Rents are below market rate.
- Total actual rent: 6085
- Tenant pays: Hot Water, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2024 | Sold | $1,500,000-6.3%$376/sqft |
Source:  StateWide MLS RI #1344952 Report a problem | ||
| 3/1/2024 | Pending sale | $1,600,000$401/sqft |
Source: StateWide MLS RI #1344952 Report a problem | ||
| 12/22/2023 | Contingent | $1,600,000$401/sqft |
Source: StateWide MLS RI #1344952 Report a problem | ||
| 12/6/2023 | Price change | $1,600,000-5.9%$401/sqft |
Source: StateWide MLS RI #1344952 Report a problem | ||
| 10/15/2023 | Listed for sale | $1,700,000+126.7%$426/sqft |
Source: StateWide MLS RI #1344952 Report a problem | ||
| 4/30/2018 | Sold | $750,000$188/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Kay/Catherine
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Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.3 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.5 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.4 mi
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Estimated market value
$2,025,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,025,600
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