25 Annandale Road Newport, RI $ 990,000
25 Annandale Road
$ 990,000
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25 Annandale Road

Newport, RI, 02840
$ 990,000
Bedrooms2 Baths2.0 Sq 1,296

Monthly Estimate*

$ 6,915

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Multi-Family Home for sale in Newport, RI

for $990,000 with 2 bedrooms and 2 full baths. This 1,296 square foot home was built in 1900 on a lot size of 0.143.

Welcome to 25 Annandale Road in the picturesque coastal town of Newport, Rhode Island. This unique property presents an exceptional opportunity, whether you're searching for a serene second home or a principal residence. Currently structured as a two-family home, offering versatility and potential. With a shared front entry foyer, the layout is seamless, featuring individual living rooms, eat-in kitchens, comfortable bedrooms, and bathrooms with tub/shower combinations in each unit. Enjoy outdoor living with large decks off each unit overlooking the large private, fenced yard. The location is simply unbeatable; find yourself within an easy stroll to an array of fine dining, boutique shopping, iconic tennis courts, the scenic Cliff Walk, and the sun-soaked beach. Parking is a breeze with four off-street spaces available off Lowndes Street and the possibility to expand further. A full basement offers extensive storage possibilities, while two hot water heating systems with tankless water guarantee comfort and efficiency. Each unit also boasts its own electric meter, with circuit breaker panels in the unit, ensuring practicality and convenience. While the property could benefit from some updating, the investment promises to enhance the charm and value of this delightful residence. Envision living in one unit while drawing income from the other or providing a luxurious guest space for visiting family and friends. Your coastal dream home awaits!

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Multi-Family Active

Price

$ 990,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,582

Style

MultiFamily

Lot Size

0.143

Year Built

1900

Town/City

Newport

County/Region

Newport

MLS | Web ID

1355213

Features
General
Interior Features Attic TubShower
Sewer Connected PublicSewer
Heating Baseboard HotWater Oil
Cooling None
Utilities SewerConnected
Possession Negotiable
Appliances Dryer Dishwasher Oven Range Refrigerator TanklessWaterHeater WaterHeater Washer
Exterior Features Deck
Zoning R10
Garage Spaces 0.0
Patio/Porch Features Deck
Construction Materials Drywall Plaster ShingleSiding WoodSiding
Year Built 1900
Electric Item100AmpService CircuitBreakers
Property SubType MultiFamily
Tax Year 2023
Waterfront Features WalktoWater
Community Features HighwayAccess Marina NearHospital NearSchools PublicTransportation RecreationArea Restaurant Shopping TennisCourts Sidewalks
County Newport
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Corner of Annandale Rd & Lowndes St
Garage Y/N N
Total Rooms 6
Status Active
City Newport
Buyer Agent Compensation 2.5% VNS
View Y/N N
Senior Community Y/N N
Total Units 2
Lot Size Square Feet 6228.0
Waterfront Y/N N
Carport Y/N N
Street Name Annandale
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6582.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=g9dJYEntLss
Days on Market 28
Standard Status Active
Tax Assessed Value 1083200
Tax Lot 105
Expected Active Date 2024-04-04
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Interior
Basement ExteriorEntry Full InteriorEntry Unfinished
Flooring Hardwood Laminate Other
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Window Features ThermalWindows
Fireplace Y/N N
Above Grade Finished Area 1296.0
Full Baths 2
Half Baths 0
Street Suffix Road
Laundry Features CommonArea
Total Bedrooms 2
Electric On Property Y/N N
Total Baths 2
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Exterior
Fencing Fenced
Parking Features NoGarage
Lot Features CornerLot
Water Source Connected Public
Total Parking 4.0
Lot Size Area 6228.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa N
Building Area Total 1296.0
Lot Size Acres 0.143
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 25
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* Excluded Features
List By
Re/Max Profnl. Newport, Inc.

Broker

bill@SizelandTeam.com

Email

Affordability Calculator

$7,464
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,915
Monthly Property Taxes
$549
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$990,000 -8.33% Price Down
4/4/2024$1,080,000 Listed Price

Map


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25 Annandale Road, Newport, RI, 02840 is a Multi-Family Home for sale at $990,000 with 1,296 sqft and a lot size of 0.143. 25 Annandale Road has 2 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 02840 which is in Newport, RI