33 Halsey St - Apartments FOR SALE


Newport, RI 02840
$975,000 USD
781-776-4002
33 Halsey St, Newport, RI for Sale
$975,000 USD
Apartments - FOR SALE
1/15
null | 6.64% Cap Rate

33 Halsey St
Newport, RI 02840


HIGHLIGHTS

  • Access and Connectivity
  • Area Amenities and Demand Drivers
  • Historic and Attractive Newport Location
  • Nearby Higher Education
  • Separately Metered Utilities
  • Strong Rental Demographics and Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 33 Halsey Street in Newport, RI (the “Property”). The two-story building contains four (4) 1-Bedroom/1-Bathroom units with 2,992 square feet of gross living area in 3,209 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features five (5) off-street parking spaces. 33 Halsey Street is well-positioned in the residential core of Newport, offering convenient access to the city’s vibrant downtown waterfront, historic districts, and neighborhood retail corridors. The property benefits from strong connectivity to key local thoroughfares including Broadway and Memorial Boulevard, with close proximity to Rhode Island Routes 138 and 114, providing efficient access throughout Aquidneck Island and to the mainland via the Claiborne Pell Newport Bridge.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

4

PRICE/UNIT

$243,750

CAP RATE

6.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

33 Halsey Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R10

APN/PARCEL ID

NEWP-000009-000000-000165

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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Dennis KelleherHorvath & TremblayMore Info
781-776-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.