23 Simmons Street

Newport, RI 02840

Welcome to Newport, this home is situated on a double lot with plenty of parking, plus a quaint yard and priced UNDER ASSESSMENT. Property is a winner if you are looking to make an investment and gain upside in one of the most iconic towns in the world. The building has been recently painted and the decks are new, roof is 1 year old. It is a fixer upper, but also a home that has been lived in and the majority of the repairs needed are cosmetic or to enhance the properties appeal versus structural or health safety related. Its nice to buy an investment property and see that the current owner buttoned up the exterior and kept it from deteriorating. Home is a blank canvas inside and you are the artist. Over 1800 square feet with the potential to add on or enlarge the square footage because of the double lot, you have a lot to work with here, no pun intended. Estimates for after repair value are as high as 1.1 million, but the true value lies in being walking distance to Thames Street, Spencer Park, Henry Hogan Field, the King Park Beach or any number of other attractions that vacationers travel the globe to visit! Bring your creativity and vision with you when you tour this property. Understand the game is to seize opportunities since the good ones are fleeting and only one buyer will be lucky enough to gain this asset for their portfolio. Will that be you? Its a great time for a spring/summer project in Newport and 23 Simmons is calling your name...

Listing courtesy of Matt Patty Team of Century 21 Shoreline 401-269-6169



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Data last updated at: 2024-05-16 09:35 PM UTC