74 Third Street

Newport, RI
$ 1,100,000 Beds 7 Baths 4 Sq 2,313
Monthly Estimate* How much can I afford?

THIS is the Point home you have been searching for - one that offers great flexibility depending on your needs & lifestyle! This classic, well maintained LEGAL two family Victorian home w/1830+ square ft PLUS a 480 sq. ft bonus studio & secret garden is located in Newport's premier Point neighborhood just 2 blocks to the Bay and a short stroll to downtown Newport's shops, restaurants and wharves! Hear the fog horns, smell the salt air, and step back in time traversing narrow colonial streets lit with gas lamps. Possible conversion to a single family home, with the back studio serving as a rental unit. Currently, the main house consists of 2 apartments - the first floor apt. has 2 bedrooms, 1 bath, pine floors and an updated kitchen. The 2nd & 3rd floor create a 4-bedroom apartment with 2 full baths, beautiful hardwoods, exposed brick, a dramatic cathedral ceiling, updated kitchen and west facing balcony. A charming 2 level free-standing studio with bath/bedroom/loft and French doors opening to the courtyard was added in the 1990's. This property has operated over the years as an owner-occupied bed & breakfast, a registered guesthouse & Airbnb vacation rental with a very strong income history & glowing reviews. One off-street parking spot (possible expansion potential to fit up to 2 small cars). Lovely curb appeal with custom stonework and award winning gardens - this is quintessential Newport!

Single Family

  • Price
  • $ 1,100,000
  • Lot Size
  • 2,178 SqFt
  • Bedrooms
  • 7
  • Sqr Footage
  • 2,313
  • Full Bathrooms
  • 4
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Newport
  • Taxes
  • 6268
  • County
  • NEWPORT
  • Style
  • Victorian
  • Area
  • Newport
  • MLS#
  • 1276299
  • Zip
  • 02840
Listing Provided by: Edge Realty RI, LLC
Data Source: Rhode Island Statewide MLS (RIAR)

Features

General

Appliances Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
Architectural Style Victorian
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
Construction Materials Drywall, Plaster, Shingle Siding, Wood Siding
Cooling Ductless
Exterior Features Balcony, Patio
Flooring Ceramic Tile, Hardwood, Laminate, Wood, Carpet
Heating Electric, Gas, Hot Water
Interior Features Skylights, Tub Shower, Cable TV
Levels Three Or More
Other Structures Guest House
Parking Features None
Patio/Porch Features Balcony, Patio
Property SubType Single Family Residence
Property Type Residential
Sewer Connected
Stories 3
Subdivision Name The Point
Total Rooms 11
Utilities Sewer Connected
Waterfront Features Walk to Water
Zoning 2 FAM

Interior Features

Above Grade Finished Area 2313
Air Conditioning Y/N Yes
Basement Exterior Entry, Full, Interior Entry, Unfinished
Fireplace Features None
Full Baths 4
Heating Y/N Yes
Living Area 2313
Total Baths 4
Total Bedrooms 7
Window Features Skylight(s), Storm Window(s)

Exterior Features

Foundation Details Stone
Lot Size Acres 0.05
Lot Size Area 2178
Lot Size Square Feet 2178
Total Parking 1
Water Source Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Cranston, RI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/28/2021 Listed $1,100,000

Property vs Zip Code Average in 02840

Price
AVG $4.25M
$1.1M
Taxes
AVG $19,164
$6,268
Visits
AVG 33
14
Year Built
AVG 1918
1900
Walkscore
AVG 42
58
Data Provided by Walkscore ® not using MLS data

Map

74 Third Street Newport, RI is a Single Family Home for sale at $1100000 with 2313 sqft and a lot size of 2,178 SqFt Acre(s). 74 Third Street Newport has 7 bedrooms, 4 baths and was built in 1900. The property's zip code is 02840 which is in Newport, RI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.