$2,400,000
$2,650,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
14 Kay ST Newport, RI 02840
9 Beds
8 Baths
7,766 SqFt
Key Details
Sold Price $2,400,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,766 sqft
Price per Sqft $309
MLS Listing ID 1284817
Sold Date 09/08/21
Bedrooms 9
Full Baths 8
HOA Y/N No
Abv Grd Liv Area 7,766
Year Built 1860
Annual Tax Amount $16,218
Tax Year 2020
Lot Size 10,558 Sqft
Acres 0.2424
Property Sub-Type Multi Family
Property Description
Rare opportunity to own a fully renovated historic 8-unit multi-family home in Kay/Catherine. The Col. John Creighton House, C.1860, is located within walking distance of everything Newport has to offer, from the Bellevue Avenue mansions, the waterfront and marina area, shopping and restaurants to beaches and the International Tennis Hall of Fame.
The "Fourteen Kay" property includes both the main house and the Carriage House. The main house includes 7 apartments and 9 fireplaces (sealed but still connected to the chimneys) and a shared first floor laundry. The Garden Unit in the main house has its own entrance and a custom designed walk-in closet in the bedroom. The Carriage House includes two bedrooms, its own laundry and deck. This building also offers a full workshop and two garage bays. There is off-street parking for 7 cars, with one garage bay dedicated to either the main house's Garden unit or the Carriage House Unit. The yard is fully landscaped.
Fourteen Kay's owner has completed all legal paperwork to convert the entire property into condominiums. The house could also be converted back to a stunning single family home once again. Most tenants are long term so owner has kept rents under market value. Qualified buyers only. Open house will be scheduled for brokers and their clients only.
Location
State RI
County Newport
Rooms
Basement Exterior Entry, Full, Interior Entry, Partially Finished
Interior
Interior Features Skylights, Tub Shower, Cable TV
Heating Baseboard, Gas, Hot Water
Cooling Attic Fan, Central Air, 1 Unit, Window Unit(s)
Flooring Ceramic Tile, Hardwood, Laminate, Vinyl, Wood, Carpet
Fireplaces Number 9
Equipment Intercom
Fireplace Yes
Window Features Skylight(s)
Appliance Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Range Hood
Laundry Common Area, In Unit
Exterior
Exterior Feature Deck, Porch, Patio
Parking Features Attached
Garage Spaces 2.0
Community Features Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
Utilities Available Sewer Connected
Waterfront Description Walk to Water
Porch Deck, Patio, Porch
Total Parking Spaces 9
Garage Yes
Building
Foundation Brick/Mortar, Combination, Stone
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Drywall,Clapboard,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 1414.5KAYSTNEWP
Financing Cash
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