• For Sale
  • USD 3,495,000 
  • Build Size: 6,269 ft2
  • Land Size: 11,761 ft2
  • Property Type: Multi-Family Home
  • Property Style: New England
  • Bedroom: 6
  • Bathroom: 4
  • Half Bathroom: 2
In perfect time to capitalize on the high season, 3 & 7 Carroll Avenue offer a rare opportunity for buyers looking to enter into a Newport exclusive mixed-use opportunity. Situated in the heart of the vibrant Fifth Ward neighborhood, this property offers a great location close to Ocean Drive and beaches. Whether you choose to live on-site and operate a high-end café or restaurant on the lower level, or capitalize on short-term rentals with the multi-family set-up, this is an investment poised for long-term success. Two residential units enjoy wonderful natural lighting throughout the day and into the evening, with warm sunsets casting over the back deck. Many upgrades have been made, including a full renovation of the third-floor unit, replacement windows, new flooring, and new exterior siding on the main building in 2024. This property has a lot to offer and is truly a must-see to understand the opportunity.
Rhys Huntley
Rhys Huntley
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The Heart of the Fifth Ward, Newport, Rhode Island, United States is a 6,269ft2 Newport luxury Multi-Family Home listed for sale USD 3,495,000. This high end Newport Multi-Family Home is comprised of 6 bedrooms and 4 baths. Find more luxury properties in Newport or search for luxury properties for sale in Newport.