Skip To Content

13 Dean Avenue

Newport, RI 02840
  • $1,950,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 1356429
UPDATED: 100 min ago
$1,950,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
  • 2,356
    SQFT
  • $828
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

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 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.

Monthly Payment Calculator



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-15T17:37:32.597.
www.krekorianteam.com/homes/149660952
Print Image

13 Dean Avenue Newport, RI 02840

  • Price: $1,950,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 100 min ago
  • MLS #: 1356429
5
Beds
3
Baths
2
½ Baths
0.09
Acres
2,356
SQFT
$828
$/SQFT
1900
Built
Neighborhood:
Yachting Village
County:
Newport
Area:
Newport
Property 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 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.
Exterior Features

Construction Materials Drywall Clapboard Covered Spaces 0 Exterior Features Deck Porch Paved Driveway Fencing Fenced Foundation Details Concrete Perimeter Stone Garage YN No Lot Features Paved Parking Features No Garage Parking Total 9 Patio And Porch Features Deck Porch

Interior Features

Appliances Dryer Exhaust Fan Gas Water Heater Microwave Oven Range Refrigerator Washer Basement Exterior Entry Full Interior Entry Unfinished Basement YN Yes Cooling Ductless Cooling YN Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Hardwood Other Heating Gas Hot Water Heating YN Yes Interior Features Cathedral Ceilings Skylights Tub Shower Window Features Skylights Thermal Windows

Property Features

Association Fee 0 Association Fee Frequency Annually Community Features Golf Marina Near Hospital Near Schools Public Transportation Restaurant Shopping Tennis Courts Sidewalks Electric Item200 Amp Service Human Modified YN No Inclusions Units are individually metered for Electric and can be billed separately. Land Lease YN No Laundry Features Common Area New Construction YN No Operating Expense 12000 Owner Pays Hot Water Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Tax Annual Amount 4120.55 Tax Assessed Value 814100 Tax Lot 202 Tax Year 2023 Utilities Sewer Connected Water Source Connected Public Water Tap Fee

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Coldwell Banker Realty: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-15T17:37:32.597.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1356429-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1356429-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1356429-2.jpg
Logo
John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882