25 Annandale Road, Newport, RI 02840

$945,000 Asking Price

2 beds
2 baths
1,296  sqft
Built in 1900

Welcome to 25 Annandale Road in the picturesque coastal town of Newport, Rhode Island. This unique property presents an exceptional opportunity, whether you're searching for a serene second home or a principal residence. Currently structured as a two-family home, offering versatility and potential. With a shared front entry foyer, the layout is seamless, featuring individual living rooms, eat-in kitchens, comfortable bedrooms, and bathrooms with tub/shower combinations in each unit. Enjoy outdoor living with large decks off each unit overlooking the large private, fenced yard. The location is simply unbeatable; find yourself within an easy stroll to an array of fine dining, boutique shopping, iconic tennis courts, the scenic Cliff Walk, and the sun-soaked beach. Parking is a breeze with four off-street spaces available off Lowndes Street and the possibility to expand further. A full basement offers extensive storage possibilities, while two hot water heating systems with tankless water guarantee comfort and efficiency. Each unit also boasts its own electric meter, with circuit breaker panels in the unit, ensuring practicality and convenience. While the property could benefit from some updating, the investment promises to enhance the charm and value of this delightful residence. Envision living in one unit while drawing income from the other or providing a luxurious guest space for visiting family and friends. Your coastal dream home awaits!


Features & Amenities

Interior

General:
Attic,Tub Shower
Appliances:
Dryer,Dishwasher,Oven,Range,Refrigerator,Tankless Water Heater,Washer
Basement:
Exterior Entry,Full,Interior Entry,Unfinished
Flooring:
Hardwood
A/C:
false, None
Heating:
true, Baseboard,Hot Water,Oil
Fireplace:
Fireplaces: 0

Exterior

General:
Deck
Style:
Cabin
Parking:
No Garage, Parking spaces: 4

Construction

Windows:
Thermal Windows
General:
Drywall,Plaster,Shingle Siding, 2, Concrete Perimeter

Location

Originating MLS:
RIS
County:
Newport

Lot

Zoning:
R10, 25ANNANDALERDNEWP
Fencing:
Fenced

Utilities

Utilities:
Sewer Connected, 100 Amp Service,Circuit Breakers
Water:
Multiple Meters,Public
Sewer:
Connected,Public Sewer

Financial

Source:
RIS

This listing courtesy of:
RE/MAX Profnl. Newport, Inc.

About Newport, RI

Housing

Number of Units
13,398
Median Home Value
$529,518
Median Rent
$1,100

54.39% of housing units are renter occupied.

18.99% are vacant.

Commute

Car
53.91%
Public Transportation
1.82%
Walk to Work
7.38%
Work from Home
34.31%
Other
1.34%

The median travel time to work is 14 minutes.

People

Population
24,574
Median Age
38.80
Median Household Size
2.34

Education

High School
18.91%
Associate’s Degree
4.92%
Bachelor’s Degree
31.26%
Graduate Degree
22.40%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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