$1,489,000 16 Sherman Street Newport, RI

MLS: 1282353   Type: Multi-Family   County: Newport   City: Newport   Neighborhood: Historic Hill   Zip: 02840   Style: Multi Family   # Rooms: 12    Stories: 3   Taxes: $8,343

Mortgage $6,991 /mo



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Here is your opportunity to have spacious living on a quiet street in desirable Historic Hill. A product of the gilded-age, this stately Italianate Victorian offers over 3,500 sq. ft of living space, encompassing a 4-bedroom owner’s unit plus an income-producing 2-bedroom apartment on the third floor. Enjoy the privacy and amenities of a single family home including exclusive front entrance, fenced yard, and cobblestone driveway for two. The primary unit welcomes you with a grand entryway garnished with high ceilings, elaborate moldings and an impressive staircase. The embellishments continue on through the living space, boasting original medallions, floor-to-ceiling windows with wood shutters, and multiple fireplaces including a Godin coal stove. Entertain on the back deck or gather in the open chef’s kitchen around the pizza oven. The third floor unit is the icing on the cake! A bright, open space with vaulted ceilings and skylights, sizable bedrooms, spa-like bathroom and bridge views from the private deck. So much to offer just steps from downtown and Broadway. Come experience this Historic Hill gem for yourself!

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Price History

5/11/2021 Listed $1,489,000

Appliances Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
Basement Exterior Entry, Full, Interior Entry, Unfinished
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
Construction Materials Plaster, Clapboard, Wood Siding
Cooling None
Electric 100 Amp Service, Circuit Breakers
Flooring Carpet, Hardwood
Garage Spaces 0
Garage Y/N No
Heating Gas, Hot Water
Interior Features Bathtub, Tub Shower, Wood Burning Stove
Land Lease Y/N No
Listing Agent State License REB.0018812
Parking Features No Garage
Property SubType Multi Family
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Status Active
Subdivision Name Historic Hill
Total Rooms 12
Total Units 2
Virtual Tour https://tour.RiLiving.com/16-Sherman-ST-Newport-RI-02840
Zoning R10

Interior Features

Above Grade Finished Area 5068
Air Conditioning Y/N No
Fireplace Features Masonry, Marble
Fireplace Y/N Yes
Full Baths 3
Half Baths 0
Heating Y/N Yes
Laundry Features Common Area
Total Baths 3
Total Bedrooms 6
Total Fireplaces 4

Exterior Features

Covered Spaces 0
Fencing Fenced
Foundation Details Combination, Stone
Lot Size Acres 0.1
Lot Size Area 4219
Lot Size Square Feet 4219
Number of Buildings 1
Total Parking 2
Water Source Public

Property Schools

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Property vs Zip Code Avg (02840)

Price 1.48M Avg 1.53M

Sqr Feet 5,068 Avg 4,602

Cost / Sqr Ft $294 Avg $334

Taxes $8,343 Avg $11,886

Acres 0.096855 Avg 0.11

Visits 21 Avg 17

Days on Site 41 Avg 55

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Location & Address

Albert Realtors
1050 Reservoir Avenue
Cranston, RI