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11 Merton Road
11 Merton Road
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Sold

11 Merton Road

11 Merton Road, Newport, RI 02840

$1,700,000
Welcome to 11 Merton Road, a rare investment opportunity located in the historic heart of Newport. This legal Airbnb-approved short-term rental property features two fully registered units, offering a chance for investors or buyers seeking a second home with substantial income potential. Ideally situated to capitalize on Newport's thriving tourism market, this property provides both versatility and undeniable charm. The residence is divided into two distinct 2-bedroom, 1-bath units. The upper-level unit boasts a spacious, open layout with central air conditioning, plus access to a generous private deck perfect for relaxation or entertaining. The first-floor unit offers modern upgrades and cozy living spaces. Both units benefit from updated heating and cooling systems for year-round comfort, along with new composite siding for a low-maintenance exterior. Additional highlights include off-street parking and a private outdoor space for residents to enjoy. The property's unbeatable location is just steps from the Tennis Hall of Fame, the elegant shops and dining along Bellevue Avenue, and a short stroll to the stunning Cliff Walk, beaches, and the Newport waterfront. With its prime location, the property is poised to attract consistent rental demand. Don't miss this exceptional chance to own a versatile, income-generating property that combines steady revenue.

4
beds

2
baths

1,628 Sq.Ft. LIVING AREA

2,051 Sq.Ft. lot

Brian Burke

Brian Burke

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms2
  • full bathrooms2
  • Laundry room Common Area
  • Flooring Ceramic Tile, Hardwood
  • APPLIANCES Dryer, Dishwasher, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • other interior Features Furnished

Area & Lot

  • Status Sold
  • Living Area1,628 Sq.Ft.
  • Total Area1,628 Sq.Ft.
  • Lot Area2,051 Sq.Ft.
  • MLS® ID1384067
  • TypeMulti-Family
  • YEAR BUILT1900
  • Water FrontageWalk to Water

Exterior

  • STORIES2
  • water SourceConnected, Public
  • utilitiesSewer Connected
  • parkingNo Garage
  • HEAT TYPECentral, Gas, Hot Water
  • AIR CONDITIONINGCentral Air, Window Unit(s)
  • sewerConnected, Public Sewer

Financial

  • Sales Price$1,700,000
  • Real Estate Tax $5,581/yr
  • HOA $8/mo
  • Zoning GB

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