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Kathleen Sposato

soldwithsposato@gmail.com +1(508) 523-8632

$3,650,000

Est. payment - /mo

6 Beds

3 Baths

3,600 SqFt

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Open House

Fri Aug 21, 6:00pm - 8:00pm

Sat Aug 22, 10:30am - 12:30pm

Sun Aug 23, 12:30pm - 2:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $1,013

Subdivision Historic Hill

MLS Listing ID 1421009

Style Stacked

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,600

Year Built 1850

Annual Tax Amount $9,362

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Multi Family

Property Description

Historic Italianate Victorian in Newport's Historic Hill neighborhood with spectacular Pell Bridge views. The home has been enjoyed as a single family for several years with the third being used as a luxurious guest suite. There are two legal apartments that retain all the potential for rental income. The first two floors are one large potential apartment with one bedroom and a full bath on the first floor and three additional bedrooms and full bath on the second floor. The first floor has a formal licing room and dining room as well as an eat in kitchen and office while the second floor has a fabulous second living room for watching TV, reading, or playing games. The third floor apartment is a contemporary open floor plan with cathedral ceilings throughout. A new kitchen and bath fresh paint and updated carpeting make this a modern yet cozy space. The view from the balcony is a dream. The third floor apartment also enjoys a new private bricked patio with a shade tree leading to its private entrance. The flexible use of this beautiful historic home also makes a wonderful single family home with six bedrooms, a private garden and several patios, new roof and electrical and new landscaping with a brick two car driveway with EV charger. The home has the scale and character of a true Newport home with thoughtful updates for today. A special property in a wonderful location. First Showings Open Houses August 21, 22, and 23.

Location

State RI

County Newport

Community Historic Hill

Zoning R10

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Interior Features Bathtub, Cathedral Ceiling(s), High Ceilings, Interior Steps, Skylights, Stall Shower, Tub Shower, Vaulted Ceiling(s)

Heating Baseboard, Central, Electric, Gas

Cooling Window Unit(s)

Flooring Carpet, Hardwood, Laminate

Fireplaces Number 3

Fireplaces Type Masonry, Marble

Inclusions The current owners have anjoyed the home as a single family home. The 3rd floor apartment could rent for 3-4K per month. See local rental rates for Historic Hill 4 Br and 2 Br apts with Pell Bridge views and private outdoor space.

Fireplace Yes

Window Features Skylight(s)

Appliance Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer

Laundry Common Area

Exterior

Exterior Feature Balcony, Deck, Porch, Patio

Utilities Available Sewer Connected

Porch Balcony, Deck, Patio, Porch

Total Parking Spaces 2

Garage No

Building

Foundation Combination

Sewer Connected, Public Sewer

Water Connected

Architectural Style Stacked

Structure Type Drywall,Plaster,Masonry

New Construction No

Others

Senior Community No

Tax ID 16SHERMANSTNEWP

Virtual Tour https://tour.RiLiving.com/16-Sherman-Street-Newport-RI-02840

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Listed by William Raveis Inspire

NEARBY SCHOOL & BUSINESS

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Kathleen Sposato

+1(508) 523-8632

Broker | License ID: 9084437

Broker License ID: 9084437

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16 Sherman ST Newport, RI 02840

Kathleen Sposato

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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16 Sherman ST