18 Sheffield Ave, Newport RI
Why We Love it
18 SHEFFIELD AVE, NEWPORT, RI 02840
Stunning mixed-use property offering the best of both worlds - a spacious 5-bedroom, 2.5-bathroom residential unit coupled with a generous 2,625 sq ft of commercial space on the first floor. This 5,975 SqFt building is perfect for a live-work scenario or an investment opportunity.
The airy, high-ceiling residential unit showcases exquisite wide oak flooring and ornate architectural details throughout, bathed in abundant natural light. Generously-sized rooms feature spacious closets and elegant built-ins, while the sophisticated dry bar and marble fireplace adds entertainment appeal. Meticulously preserved details blend seamlessly with modern amenities, including in-unit laundry and convenient elevator access. The large dry basement provides additional storage space. Outdoors, a bamboo-lined yard creates a serene, private oasis.
The commercial component on the first floor offers versatile square footage, ideal for a variety of business ventures. With ample parking available, this property truly has it all - the comforts of home combined with profitable commercial potential. Don't miss your chance to make this one-of-a-kind mixed-use gem your next live-work or investment opportunity.
SALE PRICE:
$2,100,000
SALE PRICE:
$2,100,000
FLOOR:
First Level | 2,625 SqFt Commercial Space
Second & Third Level | 3,350 SqFt Residential
Total above grade living area: 5,975 SqFt
PROPERTY TYPE:
Mixed use property
ABOVE GRADE SQFT:
5,975 SqFt
LOT SIZE:
12,983 SqFt
BEDROOMS:
5 Bedrooms
BATHROOMS:
1.5 Bathrooms in Commercial Unit
2.5 Bathrooms in Residential Unit
ELECTRIC:
Two 200 amp
SEWER:
Publicly connected
WATER:
Separately metered
TAXES:
$13,389.50/ year per 2024 tax rate
PARKING:
12-13 off street parking spaces
HEAT/AIR:
Two Oil tanks, forced hot water
Full house gas generator : 2013
FIREPLACE:
Third floor marble fireplace, inspected in 2023
ZONING:
R-10
PLAT/LOT:
10 / 185
YEAR BUILT:
Residential Unit Built in 2003 | Commercial unit Built in 1948
ROOF:
2021
