13 Dean Av
Newport, RI 02840

  • 5 beds
  • 4 baths
  • 2,356 sqft
  • 4,095 sqft lot
  • $827 per sqft
  • 1900 build

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.

Rhode Island State-Wide MLS logo Listing courtesy of RIMLS / Coldwell Banker Realty

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# 1356429 —

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Walk Score®

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Bike Score®

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Transit Score®

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Sale history

Date Event Source Price % Change
4/12/24
Listed / Active RIMLS $1,950,000

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$1,950,000

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Listing provided by broker:

Tracy Shea

Coldwell Banker Realty

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This multifamily located in Fifth Ward, Newport, RI 02840 is currently for sale for $1,950,000. 13 Dean Av is a 2,356 square foot multifamily with 5 beds and 4 baths. 13 Dean Av is in the Fifth Ward neighborhood of Newport and has a WalkScore® of 90, making it a walker’s paradise. This multifamily is in the attendance area of Rogers High School.

Rhode Island State-Wide MLS logo Listing Courtesy of: RIMLS and Coldwell Banker Realty.

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