Description
Investor Opportunity in Newport! This 4-bedroom, 1-bath home offers approximately 1,472 sq ft of living space on a 0.39-acre lot. The property offers a manageable footprint and plenty of potential for an investor looking for their next fix-and-flip, rental renovation, or value-add project. The generous lot and established structure provide a strong foundation for cosmetic updates and modernization. Located at 54 Homer Street, enjoy the convenient Newport location with easy access to Middletown, Portsmouth, and the surrounding Aquidneck Island communities. A great opportunity to renovate and reposition a single-family home on a spacious lot. This is the perfect project for an investor seeking a money making opportunity or a homeowner to build strong equity. PROPERTY SOLD AS-IS. CASH OR HARD MONEY ONLY. First and only showing at this time is open house.
Details
| MLS # | 1425274 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 26 |
| Listing Provided By | Century 21 Limitless | Kyle Seyboth |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,472 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.39 |
Interior
| Rooms Total | 44 |
|---|---|
| Heating | Natural Gas, Forced Water |
| Heating Yes / No | Yes |
| Cooling | None |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Fireplace Features | None |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 4616 |
|---|---|
| Tax Assessed Value | 642900 |
| Tax Lot | 268 |
| Tax Year | 2025 |
Area Information
| State | RI |
|---|---|
| County | Newport |
| City | Newport |
| Zip Code | 02840 |
| Area | Newport |
| Listing VS Median (in 02840) | |
Price: $399,000 low | high Med: $4,200 sqft: 1,472 low | high Med: 1,209 $ / sqft: $271 low | high Med: $3 On site: 26 low | high Med: 4 | |
Market Activity 02840
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Learn More About This Property
| State | RI |
|---|---|
| County | Newport |
| City | Newport |
| Zip Code | 02840 |
| Area | Newport |
| Listing VS Median (in 02840) | |
Price: $399,000 low | high Med: $4,200 sqft: 1,472 low | high Med: 1,209 $ / sqft: $271 low | high Med: $3 On site: 26 low | high Med: 4 | |