13 Dean Av, Newport, RI  |  2-4 Units Multi Family:$1,950,000
5   5
MLS Number: 1356429 - ACTIVE
Lot Size:0.09 Acres
Year Built:1900
Rooms:15
Listed By: Coldwell Banker Realty
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 appliances, 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 have leases starting between April 15th to May 1, 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.
Building Levels:
3
Buildings:
1
Cooling:
Ductless AC
Electric:
200 Amps, In Fee, Individual Meter
Equipment:
Ceiling Fan, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Washer
Exterior:
Clapboard, Deck, Insulated Glass Windows, Porch
Finished Floor:
Hardwood, Other
Garage Spaces:
0
Garage Type:
None
Gross Bldg. Area:
2,356 sq. ft.
Handicap Accessible:
--
Heat:
Gas
Heat Paid By:
Owner
Heating System:
Forced Water, Gas Connected
Heating Systems:
1
Hot Water:
Gas, In Fee, Owner Pays
Laundry:
In Building
Lot:
Fenced, Paved Driveway, Paved Lot, Sidewalks
Near:
Bus, Commuter Bus, Golf, Hospital, Interstate, Marina, Private School, Public School, Restaurants, Shopping, Swimming, Tennis
Neighborhood:
Yachting Village
Onsite Parking:
9
Other Monthly Rent:
$7,400
Pool:
--
Sewer:
In Fee, Municipal, Public Connected
Style Type:
Up/Down
Under Construction:
No
Unit Fireplaces:
None
Units:
3
Water Amenities:
--
Zip Code:
02840
Unit Details
 
Total Rooms
Bedrooms
Full Baths
Monthly Rent
Unit #1
6
2
1
$2,500
Unit #2
6
2
1
$2,500
Unit #3
3
1
1
$2,400
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