Multi-Family Homes for Sale

MLS Number 1222021

• Multi Family
• Bedrooms 4

*Partial Seller financing to qualified Buyer* A Property with a Unique Background that nothing else can compare to. One of the Founding Fathers of Westerly starts here. Lotteryville Marina is a part of the Oldest Marina in the United States. The Original Homestead and Marina/Boatyard has been passed on from Father to Son for over 300 years! The story starts with the Henry Hall and Knight purchase, a King, a shipwreck, a rescue, a lottery for parcels of land in Avondale/Watch Hill, a family feud between brothers which lead to the split of the Marina/Boatyard...the story is amazing. Now You have the opportunity to own a piece of American History! The Marina/Boatyard comes with 75 slips, 20 LEGAL moorings, a boat ramp, a two family home, office/warehouse and a paved parking lot. If you have no interest in running a Marina/Boatyard, live the waterfront life in Avondale/Watch Hill and lease out the business. So many possibilities... Location, Location, Location!!! *From Airport(s) to Marina - Westerly, 2.2 miles. TF Green, 39 miles. Groton, 21.7. Danielson, 44.2 miles. New Haven, 64.8 miles. *Inspection(s) on 334 year old home and for 169 year old store front are for Buyer(s) information only. *Property could possibly convey with an in town business that has a current license for scrap with a possibility of establishing a new building on the lot...perchance extra warehouse storage. Offers Encouraged

Listed by EXPERIENCE Real Estate

MLS Number 1258176

• Multi Family
• Bedrooms 14

"The Admiral Weaver Inn Complex"-Exceptional 2 family (30 Weaver Ave Newport RI) is offered along side it's neighboring property 28 Weaver Ave (See MLS # 1256734) Great location next to all attractions: Cliff Walk, mansions, Stop & Shop, First beach, Easton's beach, Newport harbor, shops, restaurants and is directly across from the Tennis Hall of Fame and the Casino Theatre. ... Full loaded 2 (two) houses with numerous extras. First and second buildings with 8BR 8.5 bathrooms & 7 BR 7.5 baths w/ in law. Purchase price includes both buildings, licensed Bed and Breakfast with private parking for 10 cars. 28 & 30 WEAVER AVE. Phenomenal location. Multiple uses including single family, legal 2 family with and in-law unit. Excellent views into Toppa field/Freebody park. Do the drive by TODAY because this opportunity is listed NOW! Financials available upon request.

Listed by Century 21 North East Group

MLS Number 1254337

• Multi Family
• Bedrooms 6
• Water View

This one-of-a-kind home is less than a mile from Atlantic Ocean beaches, Watch Hill's quaint seaside village, and the distinguished Ocean House. Own a part of history on the corner of Watch Hill Road and Foster Cove Road. Known as the "Lion Gate Inn," this property has 19th Century character with modern appeal. The owner's living quarters offers privacy that captures the essence of graceful simplicity that stands the test of time. Absorb enchanting sunsets from a screened-in porch, one of the two decks, or throughout the kitchen and living areas. Luxurious master suite and an on-suite bedroom also have custom built-in closets. There is additional potential for separate guest quarters or to use for rental income. These much sought after apartments are tucked into and around the perimeter of the building and offer four 1-bedroom, 1-bath studios that come with a strong rental history. Plenty of spaces in this home to relax, work, and live! Come and be captivated by this turn-key opportunity, summer or year-round, located just minutes from downtown Westerly. Motivated seller!

Listed by RE/MAX South County

MLS Number 1257908

• Multi Family
• Bedrooms 9

Restmere is a magnificent Italianate villa designed in 1857 well known architect Richard Upjohn. Newport architect John Grosvenor and author Cheryl Hackett restored Restmere, had this landmark listed on the National Register of Historic Places and intentionally designed the living spaces so that the home can function as a 6 bedroom, seven bathroom home with an additional two bedroom, two bathroom townhouse apartment or a three distinct residences: Owner's residence, Penthouse and Town House. Either option allows for a steady, income stream as the restoration entailed replacing the roof, installing HVAC, and upgrading mechanicals. The owner's 6,000 square foot residence features a classic veranda, entrance hall, grand staircase, formal living room and dining room, powder room, library and gourmet kitchen—all with 12' high ceilings, parquet floors, working fireplaces, and period lighting. The second floor features 10' high ceilings, three bedrooms with ensuite luxurious bathrooms. The basement has several rooms one of which is finished and could be a studio or exercise room. The former kitchen ell has been transformed into a furnished two-bedroom, two-bath townhouse with laundry, basement storage and parking. The three bedroom three bathroom elegantly furnished penthouse also has a private entrance, parking and patio. Until Covid, it was Airbnb rental. Currently both are rented on a long term basis. The rental income averages around $60,000/year & could easily be maximized.

Listed by Gustave White Sotheby's Realty

MLS Number 1204455

• Multi Family
• Bedrooms 12

Package of two properties that provides exciting business opportunity or could be a great family compound. 19 Old Beach Road, a handsome Gothic Revival, circa 1879, has wonderful period details inside & out. Currently operating as a successful B & B but it would also make a gracious single-family home without any major modifications required. It has great flow for entertaining but it is still comfortable for small gatherings. You’ll love the high ceilings, large rooms and a beautifully landscaped private yard. The first floor has gracious entry with open staircase accented by magnificent stained glass. There is a front parlor, living room, dining room, eat-in kitchen w/ gas fireplace and also a 1st floor bedroom with full bath. The 2nd floor has 4 spacious bedrooms, each with private bath and there are two additional bedrooms w/ private baths on the 3rd floor. It can be purchased as a package with 9 Chapel Street, a lovely 5 Bedroom/4 Bath Carriage House. 9 Chapel Street has a open floor plan with kitchen, dining and living room and a lovely sun room with Radiant heating in the floor. There are also two bedrooms with baths and private entrances on the first floor. The second floor has a lovely master bedroom w/ large bath and a two-bedroom suite with shared bath. There is plenty of parking. The desirable in-town location puts you close to many restaurants, tennis, art museum and beach. 19 Old Beach Road could be purchased separately at $1,390,000 & 9 Chapel St at $799,000..

Listed by RE/MAX Profnl. Newport, Inc.

MLS Number 1252029

• Multi Family
• Bedrooms 5
• Waterfront
• Water View
• Water Access

Waterfront Victorian stunner with exhilarating views of Narragansett Bay and a private sandy beach for relaxing. Located in desirable Pawtuxet Village, this is one of New England's oldest communities-and only ten minutes to both T.F. Green Airport and Providence! The main home features three levels of living space each offering unparalleled water views of local wildlife, boating activity, and early morning sunrises. First floor has an open concept living and dining room with an updated kitchen and oversized butler's pantry for additional cabinetry and storage space. Step out onto the large porch for some al fresco waterfront dining or to host family and friends. Superb craftsmanship can be found throughout in the many built-ins, detailed moldings, and dramatic coffered ceilings. Step up to the second floor for four additional bedrooms and a full bathroom. The third floor can potentially become a master bedroom ensuite, home office, guest quarters, or a billiard room. An unfinished carriage house just needs your imagination. Potential rental apartment, au pair quarters, home movie theater, cigar bar, or shelter for sports car enthusiasts. This is a gorgeous period property with luxurious details throughout!

Listed by Lila Delman RE of Jamestown

MLS Number 1257597

• Multi Family
• Bedrooms 8
• Water View

Investors take note! Opportunity for rental income or extra room for guests. This two-unit, multi-family property is in the highly sought-after Kay/Catherine neighborhood. The property was completely restored in 2019, by award winning design build firm, Davitt Design Build. Each unit has 4 bedrooms and 3.5 bathrooms. The units feature an open floor plan concept on the main level with, open dinning, living area, large chef’s kitchen, powder room, laundry room, and pantry. The second floor offers a master bedroom with bathroom, two bedrooms, and a full bath. The third floor has another full bath with a tub, a reading room, and a large bedroom or office with a walk-in closet. All full bathrooms have heated floors. In addition, the home has a private driveway, a backyard patio designed for outdoor living, and water views. Improvements include a brand-new roof, new siding, new windows, new heating system, new plumbing system, new electrical system, restored hardwood floors, and landscaping. Walking distance to the Cliff Walk, Easton’s Beach, and the shops on Bellevue. Paperwork available to convert the units in condominiums. Open to discuss purchase of one unit. Call or text today!

Listed by HomeSmart Professionals

MLS Number 1256299

• Multi Family
• Bedrooms 4
• Waterfront
• Water View
• Water Access

Enjoy the Fabulous UNOBSTRUCTED Water Views & Sunsets on Narragansett Bay overlooking Newport’s Iconic Claiborne Pell Bridge!! This rare two family residence was completely renovated from bottom up in 2005. Each unit offers a master suite with private bath, an additional bedroom and bath, a private laundry room with washer & dryer, gas fireplaces in the living rooms, and completely separate utilities. The Owner’s unit has gleaming hardwood floors from the kitchen to the dining room and living room. The large french doors open to a wraparound deck & porch where you can enjoy the ocean breeze and the views of the Bay. Other features include central air, a large cedar closet and a sauna in the lower level , multiple decks, off street parking for four vehicles, generator ready, and a private mooring is available. In addition to the property’s current use, this property is a great opportunity for a multi-generational family residence, an in law situation or could be easily converted into to a single family residence. Being located north of the Newport Bridge allows you easy access off the Island, minutes to the Naval War College, the Pier, Battery Park, Goat Island, and downtown Newport. This is a Special Newport Waterfront Home!!

Listed by Lila Delman Real Estate

MLS Number 1250076

• Multi Family
• Bedrooms 8
• Waterfront
• Water View
• Water Access

After over sixty years in the same family, this waterfront family compound is now being offered to the next generation of stewards. Let your troubles drift away with the tide as you watch the sun set over the Sakonnet River from your front yard, minutes away from Historic Tiverton Four Corners, Little Compton and the beautiful beaches of the south coast. Seapowet features three single family residences, a detached 2-story barn with ready to finish art/yoga space, garage, and multiple outbuildings. Situated at the end of a private laneway facing the water the largest Gambrel Style home features 3-beds, 1.5-baths and hidden workshop/garage on the lower level. The second residence is currently a rental, affording single-level living with 3-beds, 2-baths, fireplace, attached 1-car heated garage and patio with water views. The third residence is the original cottage lovingly built on-to over the years by the owner’s and their parents starting in the 1950s and retains every ounce of coastal cottage charm. The cottage features 2-bed, 1-bath, kitchen, dining room and separate den. Dine outdoors on the stone patio surrounded by flowering perennial gardens, and salty offshore breeze. Each home is a short stroll to the shore where family and friends can swim, kayak, paddle board, wind surf and sail. The possibilities here are endless with the potential to rent one home to satisfy the yearly tax bill while still affording a large family compound, gentleman's farm or waterfront retreat.

Listed by Coastal Properties Group

MLS Number 1257320

• Multi Family
• Bedrooms 5
• Water View

You won't want to miss this wonderful home located in the heart of Narragansett Pier. Enjoy everything that the Pier has to offer -steps from home. Beautiful ocean views, the smell of ocean and the sound of the sea are just the beginning of what this delightful home has to offer. Set in the Pier you are steps to the sea wall and a short stroll to one of Rhode Islands most beautiful beaches. Walk to restaurants, coffee shops and boutique shops. All is just part of the life style offered with the lovingly restored vintage Narragansett home. Originally built in 1880, it has been completely renovated embracing the most desirable standards of today while holding on to the charm of its Victorian Roots. Beautifully appointed with a chef kitchen, a stunning master bedroom suite with vaulted beamed ceiling, custom cabinetry, high ceilings and beautiful hardwood floors throughout the home. 8 Foot Privet hedges run along the property line, paved driveway edged in Belgian Block and stone entry pillars create the classic coastal New England style so loved. An added bonus is that this lovely property is actually a Multi-Family and has a legal 2 bedroom rental apartment with its own private entrance and private patio - which makes for the perfect guest quarters for summer visitors, or a wonderful in-law opportunity. The apartment has an established rental history and offers endless rental options. PLEASE VIEW THE VIRTUAL TOUR!

Listed by Lila Delman Real Estate