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23 Simmons ST Newport, RI 02840
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Key Details
Sold Price $689,900
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,826 sqft
Price per Sqft $377
MLS Listing ID 1356306
Sold Date 05/30/24
Style Colonial
Bedrooms 3
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,826
Year Built 1880
Annual Tax Amount $8,350
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Property Description
Welcome to Newport, this home is situated on a double lot with plenty of parking, plus a quaint yard and priced UNDER ASSESSMENT. Property is a winner if you are looking to make an investment and gain upside in one of the most iconic towns in the world. The building has been recently painted and the decks are new, roof is 1 year old. It is a fixer upper, but also a home that has been lived in and the majority of the repairs needed are cosmetic or to enhance the properties appeal versus structural or health safety related. Its nice to buy an investment property and see that the current owner buttoned up the exterior and kept it from deteriorating. Home is a blank canvas inside and you are the artist. Over 1800 square feet with the potential to add on or enlarge the square footage because of the double lot, you have a lot to work with here, no pun intended. Estimates for after repair value are as high as 1.1 million, but the true value lies in being walking distance to Thames Street, Spencer Park, Henry Hogan Field, the King Park Beach or any number of other attractions that vacationers travel the globe to visit! Bring your creativity and vision with you when you tour this property. Understand the game is to seize opportunities since the good ones are fleeting and only one buyer will be lucky enough to gain this asset for their portfolio. Will that be you? Its a great time for a spring/summer project in Newport and 23 Simmons is calling your name...
Location
State RI
County Newport
Zoning R10
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Tub Shower
Heating Baseboard, Oil
Cooling None
Flooring Ceramic Tile, Hardwood
Fireplaces Number 1
Fireplace Yes
Appliance Oil Water Heater
Exterior
Exterior Feature Porch
Community Features Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Utilities Available Sewer Connected
Porch Porch
Total Parking Spaces 4
Garage No
Building
Story 2
Foundation Block
Sewer Connected
Water Connected
Architectural Style Colonial
Level or Stories 2
Structure Type Wood Siding
New Construction No
Others
Senior Community No
Tax ID 23SIMMONSSTNEWP
Financing Cash
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Bought with Hogan Associates Christie's