Circa 1855 Rhode Island Multi-Family Home For Sale Under $1.3M

OHC Notes $1,295,000

Rhode Island multi-family home for sale! Keep it as-is for you and your family to share this sweet sweet home, or as an investment property! Either way it’s a win-win.

House View featured at 7 Bull St, Newport, RI, 02840

Realtor Comments

The Isaac and Lydia Reed Spooner Jr. is a grand three story mid 19th century Victorian with lovely ornate detailing. It sits proudly among a row of other Victorian homes that line both sides of Bull Street. Bull Street is a one way street that starts at Spring St. and leads up to Kay St. It is a short distance from Newport’s Broadway Restaurant Row. Built as a single family in the 1850’s, 7 Bull is currently configured as a 3 family but could be converted back to a single family or two family. The brick driveway accommodates parking for one car. The property has a compact rear garden. An inviting teak front porch offers the perfect vantage point to catch up with neighbors as front porches were designed for. The roof -less than 3 years old, the replacement windows, three oil heating systems, separate hot water tanks and four electrical panels ( one for the house) make this property very efficient.

Interior

There is a full basement that serves well for storage. The first floor apartment has 3 bedrooms, (two on the first floor) two baths, a formal dining room, a home office and a living room with marble fireplace with a wood stove insert. At the rear, off the kitchen is a versatile garden room/ The second-floor two bedroom one bathroom apartment has newly installed laminate floors and an updated kitchen. The third-floor unit, nestled under the eaves, is a cozy one-bedroom, one-bath furnished unit with basement laundry. All three units have a strong rental history.