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Sold for $1,700,000
  • $1,700,000

    84-86 John St, Newport, RI 02840

    5beds
    4,510sqft
    Multi Family
    Built in 1832
    -- sqft lot
    $2,019,200 Zestimate®
    $377/sqft
    $3,340 Estimated rent

    Home value

    $2,019,200

    $1.82M - $2.28M

    $3,340/mo

    Zestimate® history
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    $3,340/mo

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    $8,250/mo

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    $8,250/mo

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    What's special

    Step into the future with this captivating 3-Unit Historic Hill property. Spanning a substantial lot, offering four off-street parking spaces, and boasting expansive square footage above and below. With its freshly painted front exterior and newly refinished hardwood floors, this fully vacant property is ready for the next stewards. This well-maintained property carries the remarkable history of once being the combined residence and medical office of Dr. Marcus Wheatland. Currently, the property comprises three distinct units; each with separate utilities. The owner's side, featuring three bedrooms, offers comfortable single-level living, along with a second-level for additional guest accommodations. On the western side, there are two identical 1200-square-foot rental units that provide a reliable source of rental income. Consider the various opportunities this property presents! With a paved patio and 4 off-street parking spaces, this southern-facing property ensures commanding curb appeal. The next chapter of its story is in your hands. Whether you're a savvy investor, a history enthusiast, or someone with a vision of a unique home, don't miss the opportunity to leave your mark on Newport's history. Come and explore the endless possibilities that this property holds. See MLS #1347174 for single family listing.

    Zillow last checked:

    Listing updated:

    Listed by:

    LeAnne West 401-787-7604,

    Gustave White Sotheby's Realty,

    Chan LYELL 401-935-6184,

    Gustave White Sotheby's Realty

    Bought with:

    Christopher Walker, RES.0034034

    William Raveis Inspire

    Source: StateWide MLS RI,MLS#: 1347175MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Forced Water, Gas Connected, Zoned
    Cooling
    • Ductless, Heat Pump, Individual Unit
    Appliances
    • Included: Electric Water Heater, Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
    • Laundry: In Building, In Unit
    Features
    • Wall (Dry Wall), Wall (Plaster), Skylight, Stairs, Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Ceramic Tile, Hardwood
    • Windows: Storm Window(s), Skylight(s)
    • Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility,Work Shop
    • Attic: Attic Stairs, Attic Storage
    • Number of fireplaces: 4
    • Fireplace features: Brick
    Interior area
    • Total structure area: 5,028
    • Total interior livable area: 4,510 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Waterfront features: Walk to Salt Water, Walk To Water
    Lot
    • Size: 6,534 Square Feet
    • Features: Local Historic District, Sidewalks
    Details
    • Zoning: R3
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Clapboard, Wood
    • Foundation: Brick/Mortar, Block, Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1832

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Municipal, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Subdivision: Historic Hill
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $377/sqft
    • Annual tax amount: $14,020
    • Date on market: 9/26/2024
    • Inclusions: All units are vacant. Old leases were under market value at $2000/mo. All utilities are separate.
    • Total actual rent: 4000

    Price history

    DateEventPrice
    12/15/2023Sold$1,700,000-12.8%$377/sqft
    Source: StateWide MLS RI #1347175 Report a problem
    12/4/2023Pending sale$1,950,000$432/sqft
    Source: StateWide MLS RI #1347174 Report a problem
    11/21/2023Contingent$1,950,000$432/sqft
    Source: StateWide MLS RI #1347175 Report a problem
    11/2/2023Price change$1,950,000-6.9%$432/sqft
    Source: StateWide MLS RI #1347174 Report a problem
    8/25/2023Price change$2,095,000-6.9%$465/sqft
    Source: StateWide MLS RI #1337063 Report a problem
    6/9/2023Listed for sale$2,250,000$499/sqft
    Source: StateWide MLS RI #1337063 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Historic Hill

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,019,200
    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
    $2,019,200