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7 Sylvan St, Newport, RI 02840

6 Bed, 3.5 Bath Single Family Home For Sale

7 Sylvan St, Newport, RI 02840 Home For Sale - MLS #1233414
$725,000
6
3 Full Bath, 1 Half Bath
Single Family
Bungalow; Colonial
Listed By: Hogan Associates

Property Description for 7 Sylvan St, Newport, RI 02840

Investor or owner-occupied with income. 6 BR 3.5 baths - Brick main house with separate bungalow offering options to have a Newport retreat and an income-producing investment. Each unit could be leased separately. 5 in the front and 1-2 in the cottage. At a future date a possible conversion to a single-family. Currently leased 09/03/19 -05/22/20 at $3600 mo ($32,400 yr) plus utilities. Used by owners in the summer but could be leased for the summer season @ $20,000 - $25,000. Parking, courtyard, basement for storage and washer/dryer. Sale includes the majority of the furnishings and fixtures.

Interior Details

2,500 sq. ft.
$290.00/sq. ft.
11
Connected
Connected; Municipal
Attic; Attic Stairs; Attic Storage; Cathedral Ceilings; Skylight

Exterior Details

0.11 acres
4,896 sq. ft.
2
Mixed

Other Details

1233414
1916
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Monthly Mortgage Payments

$3,293
$4,587

Town Description

Home to spectacular coastal scenery, awe-inspiring architecture, a thriving waterfront downtown, and welcoming hospitality, Newport, Rhode Island is considered by many to be a shining gem in the...

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