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Overview

  • Updated On:
  • June 16, 2025
  • 2
  • Bathrooms
  • 6
  • Rooms
  • 2
  • Bedrooms
  • 0 ac
  • Property Lot Size

23 Calvert Street, Newport, Residential Income

$ 575,000
23 Calvert Street, ,

Description

HIGHEST AND BEST DUE BY 10 A.M. 6/17 Rare Opportunity- 8-Bay Garage with Residential unit. This versatile property located in the vibrant heart of Newport offers an 8-bay garage with an existing 2-bedroom dwelling above, presenting a rare chance to create something truly special in downtown Newport. **PROPERTY DEEMED UNSAFE BY CITY** Front two garage bays are ordered to be demolished. Please do not attempt to access. Being SOLD “as-is”. Whether you’re a savvy investor, developer, or visionary homeowner, this property holds endless potential. The existing structure will require extensive rehabilitation or may be better suited for redevelopment, offering a clean slate to bring your dream project to life. Zoned for residential use, this site could be transformed into a stunning custom residence, income-producing units or stylish live/work space (subject to local approvals).
Walk to all waterfront attractions, shops, restaurants, and historic landmarks, the location is unmatched. Properties with this level of flexibility and opportunity are exceedingly rare – don’t miss your chance to reimagine this space and capitalize on the demand for centrally located real estate in Newport.
Endless potential. Premier location. Unlock the possibilities at 23 Calvert Street.

Property Id : 554776
Price: $ 575,000
Property Lot Size: 0 ac
Rooms: 6
Bedrooms: 2
Bathrooms: 2
Basement: None
Bathrooms Full: 2
Bathrooms Half: 0
Building Area Total (sqft): 1100
Inclusions: Property deemed unsafe by the City Of Newport, access will not be allowed.
Community Features: Bus,Commuter Bus,Hospital,Marina,Public School,Recreational Facilities,Restaurants,Schools,Shopping,Near Swimming
Construction Materials: Dry Wall,Clapboard
Cooling: None
Owner Pays: Heat
Parking Total: 12
Electric: Circuit Breakers
Fireplace Features: None
Fireplaces Total: 0
Flooring: Hardwood,Laminate
Foundation Details: Mixed
Garage Spaces: 8
Heating: Oil,Forced Water
Laundry Features: Off Site
MLS Listing #: 1387324
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size SQFT: 4850
MLS Status: Active
Number Of Units Total: 2
Parking Features: Attached
Bathroom Features: Bath w Tub & Shower
Sewer: Connected
State: RI
Stories: 2
Street Name: Calvert
Street Number: 23
StreetNumberNumeric: 23
Street Suffix: Street
Annual Taxes: 3535.42
Water Source: Connected
Year Built: 1920
Zoning: R10
Address: 23 Calvert Street
City:
Area:
State/County:
Zip: 02840
Country: US
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Outdoor Details
Garage Attached
Other Features
Has Garage
Has Heating System
Insulation (Unknown)
Plumbing (Mixed)
Wall (Dry Wall)
$ 3,403.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,684.44
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DISCLAIMER TEXT: 23 Calvert Street | 554776 : 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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