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118 Ruggles Avenue

Newport, RI 02840
  • $2,750,000
  • STATUS: Active
  • ON SITE: 163 Days
  • MLS #: 1343925
UPDATED: 23 min ago
$2,750,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1955
County:
Area:

School Ratings & Info

Description

A unique opportunity to own a legal 6-unit apartment building in Newport Rhode Island in a highly sought after location. This building features numerous updates, abundant off-street parking plus 4 rare garage bays, 6 brand new Navient tankless on demand gas heating systems, the building was fully insulated by Rise Engineering with a new installed city approved fire system. Enjoy a short walk to Murphy Park ( bring your tennis racket ) Close to the water, Gooseberry Beach, Ocean Drive and Bellevue Ave, and more. Don't miss out on this opportunity.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-24T11:37:53.507.
www.mercuriogroup.com/homes/143364031
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118 Ruggles Avenue Newport, RI 02840

  • Price: $2,750,000
  • Status: Active
  • On Site: 163 Days
  • Updated: 23 min ago
  • MLS #: 1343925
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1955
Built
County:
Newport
Area:
Newport
Property Description
A unique opportunity to own a legal 6-unit apartment building in Newport Rhode Island in a highly sought after location. This building features numerous updates, abundant off-street parking plus 4 rare garage bays, 6 brand new Navient tankless on demand gas heating systems, the building was fully insulated by Rise Engineering with a new installed city approved fire system. Enjoy a short walk to Murphy Park ( bring your tennis racket ) Close to the water, Gooseberry Beach, Ocean Drive and Bellevue Ave, and more. Don't miss out on this opportunity.
Exterior Features

Construction Materials Frame Foundation Details Concrete Perimeter Parking Total 18

Interior Features

Basement Full Basement YN Yes Cooling Ductless Cooling YN Yes Heating Gas

Property Features

Community Features Golf Near Hospital Near Schools Recreation Area Restaurant Shopping Tennis Courts Electric Item200 Amp Service Human Modified YN No Land Lease YN No Laundry Features Common Area In Unit New Construction YN No Property Sub Type Commercial Road Frontage Type City Street Sewer Connected Structure Type Apartment Multi Family Tax Annual Amount 13173 Tax Assessed Value 885300 Tax Lot 437 Tax Year 2023 Utilities Sewer Connected Water Source Connected Zoning R10 A

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of RE/MAX Results: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Remax Preferred - The Mercurio Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Remax Preferred - The Mercurio Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-24T11:37:53.507.
 
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Remax Preferred - The Mercurio Group
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Pawtucket RI, 02861