477 Thames Street

Newport, RI
$ 1,095,000 Beds 0 Baths 0 Sq 4,030 Virtual Tour
Monthly Estimate* How much can I afford?

Located in the heart of Lower Thames Street, this mixed-use commercial building is zoned Waterfront Business. The first floor space is a commercial retail space with two large front windows for display, high ceilings, half bath, and a large back room great for storage or an office. The second floor unit is a recently remodeled three bedroom, two bath apartment with plenty of space for guests and visitors. The third floor is a loft-style one bedroom apartment with vaulted ceilings, an open living and kitchen area, and doors leading out to the large deck with harbor views. Both units are turnkey and ready for guests. Huge income potential for this building, don't miss out on a rare opportunity to buy a building with this coveted zoning.

Contingent

  • Price
  • $ 1,095,000
  • Lot Size
  • 1,742 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,030
  • Full Bathrooms
  • 0
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Newport
  • Taxes
  • 10716
  • County
  • NEWPORT
  • Style
  • Retail
  • Area
  • Newport
  • MLS#
  • 1251250
  • Zip
  • 02840
Listing Provided by: RE/MAX Profnl. Newport, Inc.

Features

General

Construction Materials Frame
Cooling Wall/Window Unit(s)
Current Use Residential
Electric 200+ Amp Service, Circuit Breakers
Heating Hot Water
Property SubType Retail
Property Type Commercial Sale
Sewer Connected
Subdivision Name Lower Thames Street
Total Units 3
Water Sewer Expense 1700
Zoning WB

Interior Features

Above Grade Finished Area 4030
Air Conditioning Y/N Yes
Basement Full
Heating Y/N Yes
Laundry Features Common Area

Exterior Features

Lot Size Acres 0.04
Lot Size Area 1676
Lot Size Square Feet 1676
Number of Buildings 1
Road Frontage Type City Street
Water Source Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Riverside, RI office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/7/2020 Listed $1,200,000
5/7/2020 7% - $1,125,000
6/9/2020 3% - $1,095,000

Property vs Zip Code Average in 02840

Price
AVG $1.01M
$1.1M
Taxes
AVG $8,023
$10,716
Visits
AVG 14
11
Year Built
AVG 1903
1900
Walkscore
AVG 67
83
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

477 Thames Street Newport, RI is a Single Family Home for sale at $1095000 with 4030 sqft and a lot size of 1,742 SqFt Acre(s). 477 Thames Street Newport has 0 bedrooms, 0 baths and was built in 1900. The property's zip code is 02840 which is in Newport, RI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.