37 Powel Ave, Newport, RI

$2,000,000

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6

Beds

6

Baths

4,255

Square feet

0.15

Acres

About 37 Powel Ave

Orignially built in 1892 as a guest house for the Naval War College and in 2022 this home underwent an extensive renovation top to bottom with quality materials and thoughtful design. Uniquely equipped to accommodate a variety of living arrangements, the property holds a legal guest-house license and has garnered 100% 5-star reviews providing an excellent opportunity for rental income. Can be purchased as a furnished/turnkey property. Six bedrooms and six bathrooms including a third-floor legal in-law unit that can be repurposed as a guest suite/office. The owners planned this reconstruction as a long term investment and while honoring the home's original aesthetics they introduced state-of-the art features; modern systems include advanced HVAC, new electrical & plumbing systems, Marvin windows, electric car charger, conduit for future solar, and a hotel grade fire suppression system. Gourmet kitchens, elegant bathrooms, bamboo flooring, custom carpentry, second floor laundry, and a fabulous tree house style sitting room. Historical charm radiates through detailed woodwork, antique stained glass windows, restored pocket door, gas fireplaces, and wraparound porch with a balcony. Built for enjoying outdoor living with a fenced backyard, hazelnut trees, and two outdoor showers. Detached 2-car garage has space for bikes and surfboards. Unparalleled flexibility and potential in Newport's vibrant community within walking distance to dining, shopping, and an easy coastal lifestyle.

Pricing and availability subject to change.

Features of 37 Powel Ave

MLS® # 1359296
Sold Price $2,000,000
Bedrooms 6
Bathrooms 6
Full Baths 6
Square Footage 4,255
Square Footage 6717
Acres 0.15
Year Built 1900
Type Residential Income
Sub-Type Multi Family
Status Closed

Community Information

Address 37 Powel Ave
Subdivision Kay/Catherine
City Newport
County Newport
State RI
Zip Code 02840

Amenities

Utilities Sewer Connected
Parking Spaces 7
Parking Detached, Garage
# of Garages 2
Garages Detached, Garage
Is Waterfront No
Waterfront Walk to Water
Has Pool No

Interior

Interior Ceramic Tile, Hardwood
Interior Features Bathtub, Cathedral Ceiling(s), Tub Shower, Wet Bar
Appliances Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
Heating Forced Air, Gas, Heat Pump, Zoned
Cooling Central Air
Has Basement Yes
Basement Exterior Entry, Full, Interior Entry, Unfinished
Fireplace Yes
# of Fireplaces 2
Fireplaces Gas, Masonry
# of Stories 3

Exterior

Exterior Clapboard, Drywall, Wood Siding
Exterior Features Balcony, Patio, Porch
Windows Thermal Windows
Construction Clapboard, Drywall, Wood Siding
Foundation Concrete Perimeter, Stone

Additional Information

Date Listed May 17th, 2024
Days on Market 35
Zoning R10
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLila Delman Compass

Listing Map

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