10 Hammond Street Newport, RI $ 1,150,000
10 Hammond Street
$ 1,150,000
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10 Hammond Street

Newport, RI, 02840
$ 1,150,000
Bedrooms6 Baths3.0 Sq 2,128

Monthly Estimate*

$ 7,943

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Multi-Family Home for sale in Newport, RI

for $1,150,000 with 6 bedrooms and 3 full baths. This 2,128 square foot home was built in 1910 on a lot size of 0.1.

A spacious two-family property ideally located in the heart of Newport's Yachting Village, 10 Hammond Street presents a unique opportunity in one of Newport's most desirable locations. The property offers a proven seasonal rental history, strong income-producing potential, and the flexibility for continued investment or a future single-family conversion. The property features a first-floor two-bedroom, one-bathroom apartment and a second- and third-floor four-bedroom, two-bathroom apartment. Each unit has separate utilities and heat systems. Additional amenities include off-street parking, a detached two-car garage, and desirable outdoor space valuable features in downtown Newport. For an investor, 10 Hammond Street offers the opportunity to acquire an established two-family property in a highly sought-after location. For an owner-occupant, the existing configuration provides the potential to transition the property into a more substantial single-family residence while retaining the benefits of private parking, a two-car garage, and outdoor space. Conveniently located near Newport's shops, restaurants, waterfront, and downtown attractions, 10 Hammond Street combines location, rental income potential, parking, garage space, and the flexibility to meet a variety of future ownership goals.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,452

Style

Lot Size

0.1

Year Built

1910

Town/City

Newport

County/Region

Newport

MLS | Web ID

1424988

Features
General
Sewer Connected
Heating Baseboard Hot Water Oil
Cooling None
Utilities Sewer Connected
Possession Rental Agreement
Zoning R10
Garage Spaces 2
Construction Materials Drywall Vinyl Siding
Year Built 1910
Electric 100 Amp Service
Tenant Pays Hot Water
Property Subtype Multi Family
Tax Year 2025
Waterfront Features Walk to Water
Community Features Golf Highway Access Marina Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
Operating Expense 4500
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name Yachting Village
Garage Y/N true
Total Rooms 11
Full Baths 3
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 4356
Land Lease Y/N false
Tax Annual Amount 8452
Virtual Tour https://my.homediary.com/497220
Standard Status Active
Tax Assessed Value 972700
Tax Lot 130
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Interior
Interior Amenities Stall Shower
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Hardwood
Total Fireplaces 1
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Common Area
Total Bedrooms 6
Total Baths 3
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Exterior
Parking Features Detached Garage
Water Source Connected
Total Parking 5
Lot Size Area 4356
Number of Buildings 2
Building Area Total 2128
Lot Size Acres 0.1
Covered Spaces 2
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* Excluded Features
List By
Teri Degnan Re & Consulting

Broker

tdargan@teridegnan.com

Email

Affordability Calculator

$8,647
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,943
Monthly Property Taxes
$704
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$1,150,000 Listed Price

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10 Hammond Street, Newport, RI, 02840 is a Multi-Family Home for sale at $1,150,000 with 2,128 sqft and a lot size of 0.1. 10 Hammond Street has 6 bedrooms, 3.0 baths, and was built in 1910. The property's zip code is 02840 which is in Newport, RI