FOR SALE
668-670 Thames St
Newport, RI 02840
Fifth Ward
8 Beds
4 Baths
3,216 sqft
- 8 Beds
- 4 Baths
- 3,216 sqft
8 Beds
4 Baths
3,216 sqft
Local Information
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Description
Welcome to a unique investment opportunity at 668 & 670 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential, or even a family compound. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport's bustling tourism market. The first-floor unit commands an impressive $3,200 monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual use—adding value and convenience for tenants or personal storage. Stroll just a few steps to 670 Thames Street where a single-family cottage awaits, complete with 2 bedrooms, 1 full bath, and airy living space accentuated by vaulted ceilings. A fenced backyard and outbuilding provide a private retreat or additional storage. Each property sits on its own separate lot. You are within walking distance to an array of downtown amenities. Indulge in local restaurants, lush parks, prestigious yacht clubs, and marinas—all contributing to the allure of this prime real estate offering. Don't miss out on these versatile properties that promise a blend of steady income and delightful living.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$746
Listed
44 days ago
Home Details for 668-670 Thames St
Interior Features |
|---|
Interior Details Basement: Full,Unfinished,Bulkhead,Storage Space,UtilityNumber of Rooms: 16Types of Rooms: Bathroom |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3216 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer, Gas Water HeaterDishwasherDryerLaundry: In BuildingMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced Water,Gas ConnectedHas CoolingAir Conditioning: None,Window Unit(s)Has HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Gas & Electric Electric: 100 Amp Service |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Hardwood |
Levels, Entrance, & Accessibility Floors: Ceramic Tile, Hardwood |
View No View |
Exterior Features |
|---|
Exterior Home Features Fencing: FencedFoundation: StoneNo Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageParking Spaces: 6Parking: Detached |
Frontage Waterfront: Walk to Salt WaterNot on Waterfront |
Water & Sewer Sewer: Municipal |
Days on Market |
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Days on Market: 44 |
Property Information |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Up/DownArchitecture: Up/Down |
Building Construction Materials: Vinyl Siding, Dry Wall, Plaster, Copper, Mixed Plumbing, PVC, Insulation (Unknown)Not a New Construction |
Price & Status |
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Price List Price: $2,400,000Price Per Sqft: $746 |
Status Change & Dates Possession Timing: Negotiable |
Active Status |
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MLS Status: Active |
Media |
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Location |
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Direction & Address City: Newport |
Agent Information |
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Listing Agent Listing ID: 1354604 |
Community |
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Not Senior Community |
Lot Information |
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Lot Area: 5000 sqft |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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Owner Pays: Hot Water |
Miscellaneous |
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BasementMls Number: 1354604 |
Last check for updates: about 12 hours ago
Listing courtesy of Wm. Parker Sizeland, (401) 862-7428
RE/MAX Profnl. Newport, Inc.
William Sizeland, (401) 862-0784
RE/MAX Profnl. Newport, Inc.
Source: StateWide MLS RI, MLS#1354604
Price History for 668-670 Thames St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/15/2024 | $2,400,000 | Listed For Sale | StateWide MLS RI #1354604 |
| 02/21/2023 | $1,505,000 | Sold | N/A |
| 01/19/2023 | $1,950,000 | Contingent | StateWide MLS RI #1327464 |
| 01/03/2023 | $1,950,000 | Listed For Sale | StateWide MLS RI #1327464 |
| 03/31/2015 | $465,000 | Sold | N/A |
| 04/29/1999 | $248,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $5,297 |
| Assessment | $551,200 |
Home facts updated by county records
Comparable Sales for 668-670 Thames St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Multi-Family Home | $1,774,500 | 10/06/23 | 6 | 6 | 3,432 | |
0.36 | Multi-Family Home | $1,000,000 | 09/25/23 | 4 | 2 | 1,758 | |
0.73 | Multi-Family Home | $1,700,000 | 12/15/23 | 5 | 5 | 4,510 | |
0.53 | Multi-Family Home | $1,250,000 | 07/05/23 | 4 | 3 | 1,848 | |
0.20 | Multi-Family Home | $740,000 | 06/09/23 | 4 | 2 | 1,386 | |
0.71 | Multi-Family Home | $1,350,000 | 09/28/23 | 5 | 3 | 2,437 | |
1.01 | Multi-Family Home | $1,500,000 | 03/15/24 | 6 | 7 | 3,987 | |
0.68 | Multi-Family Home | $1,170,000 | 09/29/23 | 4 | 3 | 2,250 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Fifth Ward
- Trulia User
- Resident
- 2y ago
"No community events per se, but outdoor concerts in the summer. People help each other out in a neighborly way and look out for each other"
- Trulia User
- Visitor
- 2y ago
"There is not much public transportation in this neighborhood. Generally, people use private automobiles to make their commutes. "
- Veronique G.
- Resident
- 3y ago
"It’s close to downtown and restaurants yet far enough away from downtown to not always hear noise..it’s also close to little parks for our dogs to walk and also close to Kong’s Park beach..."
- Melissa R.
- Prev. Resident
- 3y ago
"There is a good Hospital. Beautiful Beaches &a wonderful town. the scenery & people are brilliant. Delicious food. Many choices of restaurants, Shopping & areas to visit. Naval Museum is always a good place to see. The view of the Harbor is breathtaking. "
- Mary C.
- Resident
- 3y ago
"The neighborhood is friendly and clean. Walking distance to downtown Newport restaurants, bars and entertainment. "
- Bj D.
- Resident
- 4y ago
"There are several parks and access to harbor to walk your dog too. There are several dog stations so if your pet has to go and you are missing a bag, you’re covered!"
- Bj D.
- Resident
- 4y ago
"Fifth Ward is the best for Halloween and others area drive in for it. In the summer there is a weekly music in Wellington Park. Kids that baseball, can do so right on the harbor at Hogan Field."
- Paxmonde88
- Resident
- 4y ago
"Everyone is super friendly. Proximity to town is great and it’s close to the beautiful harbor. King Park is fabulous too."
- Paxmonde88
- Resident
- 4y ago
"I moved here 6 months ago and its’ proximity to the beautiful harbor as well as wonderful dining / shopping (while still being super quiet) is fabulous - all within walking distance. Also, neighbors are very friendly! Lots of dogs too. Excellent neighborhood for walking & biking!"
- V.
- Resident
- 5y ago
"It’s a 30 minute walk to work, but I could take a local trolley if I wanted. I could also ride my bike on inclement weather days."
- Veronica R.
- Resident
- 5y ago
"There is a beautiful playground, Morton Park, a few blocks from where I live. There is another park, King Park, with a small beach and a playground as well..."
- S T.
- Resident
- 5y ago
"Newport is historic and simply beautiful, is you love sailing, amazing views, great food, wonderful to just walk around, and peaceful. Its my zen place."
- Kristen K.
- Resident
- 5y ago
"I love the safe, family friendly, close niche environment. I've lived in newpprt for 15 years........... "
- Laurie L.
- 9y ago
"Quiet neighborhood walking distance to harbor. "
- Annie B.
- 10y ago
"Across the street from King Park and Newport Harbor. Some of the best views in town with an active harbor to watch during the 4 seasons. Great park for walking, playground, concerts. Just a few blocks to Thames St and all the shops, restaurants and entertainment year round."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Wm. Parker Sizeland, RE/MAX Profnl. Newport, Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
668-670 Thames St, Newport, RI 02840 is a 8 bedroom, 4 bathroom, 3,216 sqft multi-family built in 1900. 668-670 Thames St is located in Fifth Ward, Newport. This property is currently available for sale and was listed by StateWide MLS RI on Mar 15, 2024. The MLS # for this home is MLS# 1354604.