About 13 Dean Ave
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.
Pricing and availability subject to change.
Features of 13 Dean Ave
| MLS® # | 1356429 |
|---|---|
| Price | $1,950,000 |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Full Baths | 3 |
| Half Baths | 2 |
| Square Footage | 2,356 |
| Square Footage | 4095 |
| Acres | 0.09 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 13 Dean Ave |
|---|---|
| Subdivision | Yachting Village |
| City | Newport |
| County | Newport |
| State | RI |
| Zip Code | 02840 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| Features | Paved |
| Parking Spaces | 9 |
| Parking | No Garage |
| Garages | No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Other |
|---|---|
| Interior Features | Skylights, Tub Shower, Cathedral Ceiling(s) |
| Appliances | Dryer, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer |
| Heating | Gas, Hot Water |
| Cooling | Ductless |
| Fireplace | Yes |
| Fireplaces | None |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Exterior Entry, Full, Interior Entry, Unfinished |
Exterior
| Exterior | Drywall, Clapboard |
|---|---|
| Exterior Features | Deck, Porch, Paved Driveway |
| Lot Description | Paved |
| Windows | Skylight(s), Thermal Windows |
| Construction | Drywall, Clapboard |
| Foundation | Concrete Perimeter, Stone |
Additional Information
| Date Listed | April 12th, 2024 |
|---|---|
| Days on Market | 10 |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Annually |
Listing Details
| Office | Coldwell Banker Realty |
|---|