57 Farewell Street, Newport, RI 02840

$2,200,000
6
BD
5
BA

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List Price
$2,200,000
Price Change
▼ $300,000 1784148260
MLS#
1415171
Status
ACTIVE
Type
Multifamily
City
Newport
County
Newport
Bedrooms
6
Bathrooms
5
Year Built
1750

Property Description

Steeped in Newport history, this remarkable circa-1750 property is believed by local tradition to be the first duplex in America, a rare and significant example of Colonial-era multifamily architecture. Built by brothers Joseph and William Cozzens, a hat maker and a wig maker, it retains an extraordinary collection of original period details. One of the "Operation Clapboard" original restorations, it was purchased in 1965 by the current owners, who lovingly restored it as a demonstration project and it has appeared in many books, magazines, and newspaper articles. Distinctive among Newport Colonials, this Gambrel features 12 fireplaces with deft tile surrounds, generously scaled rooms with high ceilings, and original staircases with ornate period detail. Both sides have formal living rooms, dining rooms, and a study with built-in bookcases, plus two bedrooms and a full bath. 59 Farewell also has a finished third floor with two bedrooms and a bath. Outside, a charming secret garden enclosed on two sides by a tall paneled fence offers a private retreat, while dedicated parking on either side serves both residences. Easy access to downtown Newport is a bonus. This is an exceptional opportunity to own a truly historic landmark. Not in the Historic District, allowing new owners flexibility with renovations. Property can be 2 condos without needing zoning approval, a great investment opportunity. This property is being sold AS IS, pre-inspection report available.

Additional Information

Electric
100 Amp Service
Cooling
None
Sewer
Public Sewer

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Listing courtesy of Gustave White Sotheby's Realty. Contact: 401-849-3000

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