Listing Courtesy of: Tracy Shea - Coldwell Banker Realty
401-845-6900
$1,800,000
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13 Dean Avenue Newport, RI 02840
Multi-Family
Residence
5
Beds
5
Baths
...
Bed/Bath
2,356
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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In Newport's sought-after Yachting Village, a superb opportunity awaits to own a meticulously updated three-family home in the bustling heart of downtown. This property has undergone extensive renovations by the current owner, including newer windows, renovated bathrooms and kitchens, updated applia...nces, enhanced insulation, and a roof just eight years old. Inside, each unit boasts elegant refinished hardwood floors, open-concept living spaces, modern kitchens and bathrooms, and custom insert blinds for flexible lighting control. Balcony space on every level provides a charming outdoor retreat, while 3 full-size washer/dryers and storage area ensure convenience for each unit. Outside, a backyard features secure bike storage, and a newly paved oversized parking lot accommodates up to six cars side-by-side or nine with tandem parking. The seller includes a feasibility study for a garage addition, previously present until 1998. All units leased until May 2025, providing immediate rental income. The home is being sold furnished and fully tenanted. Whether for investment or residence, 13 Dean Avenue presents an enticing prospect in Newport's vibrant downtown scene. Detailed rental income records offer valuable insights for investors.
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MLS#
1356429
Property Type
Multi-Family
Bedrooms
5
Bathrooms
3 Full/2 Half
Year Built
1900
Square Feet
2,356
sq. ft
Lot Size
0.09
Sewer
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