Welcome to a unique investment opportunity at 668 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport's bustling tourism market. The first-floor unit commands an impressive$3, 200monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual useadding value and convenience for…
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The average household income in
Newport, RI
grew
from
$59,794
to
$65,365
in the past year. This data is an estimate based upon
10,523
households in
Newport, RI. The chart below presents how household income is distributed in
Newport, RI
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Newport, RI
compared to median property taxes around the country. The prevalent amount of property taxes in
Newport, RI
equals
$3k+
, which is
more
than the national average.