$899,000
Estimated Payment$4,246/mo
Multi-Family For SalePrice Drop -$50,000

9 Gould Street, Newport, RI 02840

5Beds
4Baths
Multi-Family Home In Broadway

Rare legal 6 family with tenants at will. Predominantly separate utilities. Six gas boilers, 5 gas hot water heaters. 6 gas meters, 6 electrical services one of which is a house service and 3 water meters, fire alarm system and upgraded electrical panels. Roof replaced in 2022. Located in the desirable Broadway neighborhood this property is outside Newport's historic district and flood zone. Circa 1888 and originally known as the Benjamin Easton workshop. Current owner planning to structure the sale as an Ircs: 1031 tax deferred exchange. See Mls #1309766 Commercial/Business for additional information.

9 Gould Street is a multi family-home located in Newport, the 02840 ZIP Code, and the Cranston - Calvert School, Frank E. Thompson Middle School, and Rogers High School attendance zones.

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9 Gould Street
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Location
9 Gould Street Newport, RI 02840
Home Details

Listing Details

General

  • Number of Buildings: 1
  • Days On Market: 41
  • Total Number of Units: 4

Interior Details

Utilities

  • Heating: Yes
  • Cooling Details: Window Unit s
  • Heating Details: Gas, HotWater, Zoned
  • Cooling: Yes
  • Electric Details: Item110Volts, Item100AmpService, CircuitBreakers, Item220Volts
  • Utilities: Sewer Connected

General

  • Interior Features: TubShower, Cabletv
  • Appliances: ElectricWaterHeater, Oven, Range, Refrigerator, WaterHeater
  • Door Features: Storm Door s
  • Flooring: Laminate, Vinyl, Wood

Rooms

  • Basement: Yes
  • Full Bathrooms: 4
  • Total Rooms: 9
  • Basement Details: Full, Unfinished

Financial Details

HOA

  • Association Fee: 0 0

    Tax Details

    • Assessed Tax Value: 637000
    • Zoning: R 10
    • Annual Tax Amount: 14578

    Expenses

    • Tenant Pays: Hot Water

      Property Details

      Community

      • Community Features: HighwayAccess, Marina, NearHospital, NearSchools, PublicTransportation, RecreationArea, Shopping, TennisCourts

        General

        • Security Features: Security System Owned
        • Water Source(s): MultipleMeters, Public
        • Frontage Length: 60
        • Total Stories: 2

        Construction Details

        • Foundation Details: Stone
        • Construction Materials: Drywall, Plaster, Other

        Parking

        • Parking Features: No Garage
        • Other Parking: No Garage

        Other

        • Other Equipment: Satellite Dish

          Location Details

          Region

          • Subdivision Name: Broadway Equality Park

            General

            • Waterfront Features: Walk to Water

              MLS Details

              General

              • Days on Homes.com: 51
              • MLS Number: 1309556
              • Listed: 5/16/2022
              • Last Updated: 7/3/2022
              • Offered By: Hogan Associates
              • Listing Source: State-Wide Multiple Listing Service
              Monthly Payment Calculator

              $4,246

              Estimated Mortgage
              Principal & Interest
              $3,032
              Insurance
              $315
              Taxes
              $899
              Mortgage Insurance
              $0
              i
              Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
              i
              If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
              Price History
              • DateEventPrice
              • 06/15/2022$50,000$899,000
                Source: State-Wide Multiple Listing Service
              • 05/16/2022listed$949,000
                Source: State-Wide Multiple Listing Service
              Nearby Schools
              School data provided by GreatSchools
              i
              The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
              Points of Interest

              Colleges

              Distance
              • Community College of Rhode Island
                1.9 mi
              • Salve Regina University
                2.3 mi

              Military Bases

              Distance
              • Rhode Island National Gaurd
                16.6 mi

              Parks and Recreation

              Distance
              • Old Colony and Newport Scenic Railroad
                0.7 mi
              • Krupowicz Planetarium
                2.8 mi

              Shopping Centers

              Distance
              • Long Wharf Mall
                0.8 mi
              • Brick Market Place
                0.8 mi
              • Bannister's Wharf
                1.0 mi
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              Listing Agent
              Paul Tobak
              Hogan Associates
              Newport, RI
              Continue Your Search

              $899,000

              5 Beds4 Baths

              9 Gould Street

              Newport, RI 02840

              Paul Tobak
              Hogan Associates