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Joe Fazio

joe.fazio@engelvoelkers.com +1(401) 345-2466

$ 2,500,000

Est. payment -/mo

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57 Farewell ST Newport, RI 02840

6 Beds

5 Baths

3,848 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,848 sqft

Price per Sqft $649

Subdivision The Point

MLS Listing ID 1415171

Style Side By Side

Bedrooms 6

Full Baths 3

Half Baths 2

HOA Y/N No

Abv Grd Liv Area 3,848

Year Built 1750

Annual Tax Amount $27,540

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Multi Family

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 and its amenities is a bonus. This is an exceptional opportunity to own a truly historic national landmark. However not in the Historic District, thus allowing the new owners flexibility with renovations.

This property is being sold AS IS, pre-inspection report available.

Location

State RI

County Newport

Community The Point

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Interior Features Attic, Permanent Attic Stairs, Storage, Tub Shower

Heating Baseboard, Oil

Cooling None

Flooring Ceramic Tile, Hardwood

Fireplaces Number 12

Fireplaces Type Masonry

Inclusions Has been owner occupied for the past few years. No rental history to provide for either unit.

Fireplace Yes

Laundry Common Area

Exterior

Total Parking Spaces 3

Garage No

Building

Lot Description Corner Lot

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Side By Side

Structure Type Plaster,Clapboard

New Construction No

Others

Senior Community No

Tax ID 57FAREWELLSTNEWP

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Listed by Gustave White Sotheby's Realty

NEARBY SCHOOLS & PROPERTIES

Joe Fazio

Team Manager | Broker | License ID: REB.0019090

+1(401) 345-2466

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