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Overview

  • Updated On:
  • March 29, 2026
  • 2
  • Bathrooms
  • 9
  • Rooms
  • 4
  • Bedrooms
  • 0 ac
  • Property Lot Size

629 Thames Street, Newport, Residential Income

$ 1,200,000
629 Thames Street, Newport

Description

Located on iconic Thames Street in the heart of Newport, this fully updated two-unit multifamily offers strong income potential and an unbeatable location just steps to shops, restaurants, and the waterfront.
The property consists of two units: one 3-bedroom, 1-bath and one 1-bedroom, 1-bath. Both units have been renovated with updated kitchens featuring new cabinetry, granite countertops, and appliances, along with refreshed bathrooms. Additional improvements include interior and exterior painting and many other recent upgrades throughout. Exterior enhancements allow for off-street parking for up to four vehicles. Turnkey condition in a prime downtown location is ideal for investors or owner-occupants.

Property Id: 982457
Price: $ 1,200,000
Property Lot Size: 0 ac
Rooms: 9
Bedrooms: 4
Bathrooms: 2
Basement: Full, Interior and Exterior, Unfinished
Bathrooms Full: 2
Building Area Total (sqft): 1331
Inclusions: For recent updates on the home, please see the attached supplement titled ‘Recent Updates'
Community Features: Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Construction Materials: Dry Wall, Clapboard, Wood
Cooling: None
Owner Pays: Heat
Parking Total: 4
Electric: 200 Amps, Circuit Breakers
Fireplace Features: None
Flooring: Hardwood, Laminate, Carpet
Heating: Natural Gas, Baseboard, Radiant
Laundry Features: Common Area, In Building
MLS Listing #: 1407162
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size SQFT: 4922
MLS Status: Active
Number Of Units Total: 2
Parking Features: No Garage
Bathroom Features: Bath w Tub & Shower
Sewer: Connected
State: RI
Stories: 3
Street Name: Thames
Street Number: 629
StreetNumberNumeric: 629
Street Suffix: Street
Structure Type: Up/Down
Annual Taxes: 6297
Water Source: Connected
Waterfront Features: Walk to Salt Water, Walk To Water
Year Built: 1880

Address: 629 Thames Street
City:
State/County:
Zip: 02840
Country: US

Other Features
Dishwasher
Dryer
Gas Water Heater
Has Heating System
Insulation (Unknown)
Microwave
Oven/Range
Plumbing (Mixed)
Property Attached
Skylight
Stairs
Wall (Dry Wall)
Washer

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$ 7,102.30
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,602.30

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DISCLAIMER TEXT: 629 Thames Street | 982457 : 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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