20 Fair Street, Newport, RI 02840

Property Description

An exceptional opportunity to create a custom-renovated home in one of Newport's most desirable downtown locations. Situated just off Thames Street, this substantial 5-bedroom, 4-bath property offers buyers the rare chance to design and renovate a home to their own vision while building value in an A+ location. Just steps from Newport's renowned shops, restaurants, harbor, and waterfront, the property combines outstanding walkability with significant long-term potential. Two side-by-side off-street parking spaces provide an important advantage for personal use, future resale, or rental possibilities. With its generous size, flexible layout, and newly reduced price, this is an exciting opportunity for homeowners, investors, or developers seeking a full-scale renovation project in a high-demand downtown neighborhood. Please review the accompanying image showing the proposed administrative subdivision and pending lot-line adjustment. Property can also be converted to a two family by right.