13 Dean Avenue , Newport, RI 02840
Newport, RI 02840
Description
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 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.
Details
| MLS# | 1356429 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 181 |
| Listing Provided By | Coldwell Banker Realty | Tracy Shea |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,356 |
| Basement | Y |
| Pool | Yes |
| Story(s) | 3 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.09 |
| Golf Course | Yes |
Market Activity 02840
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Learn More About This Property
| State | RI |
|---|---|
| County | Newport |
| City | Newport |
| Zip Code | 02840 |
| Area | Newport |
| Community Name | Yachting Village |
| Listing VS Median (in Yachting Village) | |
Price: $1,800,000 low | high Med: $4,334 SqFt: 2,356 low | high Med: 768 $ / SqFt: $764 low | high Med: $6 On Site: 181 low | high Med: 68.000000 | |