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11 Merton Road, Newport, RI 02840

Beds
4
Baths
2
Sqft
1,628

View property features, location on map, relevant school information and overview from seller's agent.

Listed byHogan Associates Christie's
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Overview

Welcome to 11 Merton Road, a rare investment opportunity located in the historic heart of Newport. This legal Airbnb-approved short-term rental property features two fully registered units, offering a chance for investors or buyers seeking a second home with substantial income potential. Ideally situated to capitalize on Newport's thriving tourism market, this property provides both versatility and undeniable charm. The residence is divided into two distinct 2-bedroom, 1-bath units. The upper-level unit boasts a spacious, open layout with central air conditioning, plus access to a generous private deck perfect for relaxation or entertaining. The first-floor unit offers modern upgrades and cozy living spaces. Both units benefit from updated heating and cooling systems for year-round comfort, along with new composite siding for a low-maintenance exterior. Additional highlights include off-street parking and a private outdoor space for residents to enjoy. The property's unbeatable location is just steps from the Tennis Hall of Fame, the elegant shops and dining along Bellevue Avenue, and a short stroll to the stunning Cliff Walk, beaches, and the Newport waterfront. With its prime location, the property is poised to attract consistent rental demand. Don't miss this exceptional chance to own a versatile, income-generating property that combines steady revenue.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
4
Number of bathrooms
2
Square feet
1,628
Lot size (acres)
0.05
Year built
1900

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas, Central, Hot water
Cooling
Central air, Window unit(s)
Sewer
Public sewer
Water
Public

Estimated monthly costs

HOA Fees
$8

Taxes

Tax Annual Amount (2024)
$5,581.24

Public schools

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Sourced from: StateWide MLS MLS®#: 1384067 Last checked:

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