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Overview

  • Updated On:
  • August 19, 2026
  • 3
  • Bathrooms
  • 17
  • Rooms
  • 6
  • Bedrooms
  • 0 ac
  • Property Lot Size

16 Sherman Street, , Residential Income

$ 3,650,000
16 Sherman Street

Description

Historic Italianate Victorian in Newport’s Historic Hill neighborhood with spectacular Pell Bridge views. The home has been enjoyed as a single family for several years with the third being used as a luxurious guest suite. There are two legal apartments that retain all the potential for rental income. The first two floors are one large potential apartment with one bedroom and a full bath on the first floor and three additional bedrooms and full bath on the second floor. The first floor has a formal licing room and dining room as well as an eat in kitchen and office while the second floor has a fabulous second living room for watching TV, reading, or playing games. The third floor apartment is a contemporary open floor plan with cathedral ceilings throughout. A new kitchen and bath fresh paint and updated carpeting make this a modern yet cozy space. The view from the balcony is a dream. The third floor apartment also enjoys a new private bricked patio with a shade tree leading to its private entrance. The flexible use of this beautiful historic home also makes a wonderful single family home with six bedrooms, a private garden and several patios, new roof and electrical and new landscaping with a brick two car driveway with EV charger. The home has the scale and character of a true Newport home with thoughtful updates for today. A special property in a wonderful location. First Showings Open Houses August 21, 22, and 23.

Property Id: 1237659
Price: $ 3,650,000
Property Lot Size: 0 ac
Rooms: 17
Bedrooms: 6
Bathrooms: 3
Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility
Bathrooms Full: 3
Building Area Total (sqft): 3600
Inclusions: The current owners have anjoyed the home as a single family home. The 3rd floor apartment could rent for 3-4K per month. See local rental rates for Historic Hill 4 Br and 2 Br apts with Pell Bridge views and private outdoor space.
Construction Materials: Dry Wall, Plaster, Masonry
Cooling: Window Unit(s)
Other Equipment: Ceiling Fan
Owner Pays: Heat
Parking Total: 2
Electric: 200+ Amp Service
Fireplace Features: Brick, Marble
Fireplaces Total: 3
Flooring: Hardwood, Laminate, Carpet
Foundation Details: Mixed
Heating: Electric, Natural Gas, Baseboard, Central Stream
Laundry Features: In Building
MLS Listing #: 1421009
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Local Historic District
Lot Size SQFT: 4356
MLS Status: Coming Soon
Number Of Units Total: 2
Parking Features: No Garage
Bathroom Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
Sewer: Public Sewer
State: RI
Stories: 3
Street Name: Sherman
Street Number: 16
StreetNumberNumeric: 16
Street Suffix: Street
Structure Type: Up/Down
Annual Taxes: 9362
Utilities: Sewer Connected, Water Connected
Window Features: Skylight(s)
Year Built: 1850
Zoning: R10

Address: 16 Sherman Street
State/County:
Zip: 02840
Country: United States

Other Features
Balcony
Cathedral Ceilings
Deck
Dishwasher
Disposal
Dryer
Gas Water Heater
Has Cooling System
Has Fireplace
Has Heating System
Oven/Range
Patio
Porch
Property Attached
Range Hood
Refrigerator
Stairs
Wall (Dry Wall)
Wall (Plaster)
Washer

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$ 21,602.83
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 17,040.33

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DISCLAIMER TEXT: 16 Sherman Street | 1237659 : 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. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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