79 Tilden Avenue, Newport, RI 02840

TWO MULTI-FAMILY BUILDINGS SOLD AS A PACKAGE FOR $1,475,000. (See listing for 83 Tilden Avenue: MLS #1335221) Introducing an incredible opportunity to acquire 79 AND 83 Tilden Avenue, two adjacent multi-family properties offering (6) TOTAL UNITS plus two additional lots giving ample off-street parking to all tenants. 83 Tilden Avenue is comprised of (2) two-bedroom / one-bath side-by-side units each with a private deck and separate utilities. 79 Tilden Avenue consists of (4) one-bedroom / one-bath apartments each with separate gas and electricity, pine floors throughout, and shared laundry in the basement. The property boasts a convenient location in the Kerry Hill neighborhood, close to essential amenities, the Newport Bridge, downtown historic Newport, and transportation options. With local rental demand remaining strong, this fully-occupied property provides a steady cash flow for investors seeking long-term returns in the Newport real estate market. This property is not in the Historic District.
*Please Note: Four separate lots are being sold as one package (plat 18: lots 141, 014, 148, 027). Figures for lot size, assessment and property taxes represent all four lots.