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13 Dean Avenue, Newport, Residential Income

$ 1,950,000
13 Dean Avenue, ,
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Overview

  • Updated On:
  • July 11, 2024
  • 5 Bedrooms
  • 5 Bathrooms

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.

Address: 13 Dean Avenue
City:
State/County:
Zip: 02840
Country: US
Open In Google Maps
Property Id : 873090
Price: $ 1,950,000
Property Lot Size: 0 ft2
Rooms: 15
Bedrooms: 5
Bathrooms: 5
Association Fee: 0
Association Fee Frequency: Annually
Basement: Full,Interior and Exterior,Unfinished,Common,Laundry,Storage Space
Bathrooms Half: 2
Bathrooms Total Decimal: 4
Bridge Modification Timestamp: 2024-07-11T19:59:01.426Z
Building Area Total: 2356
Community Features: Bus,Commuter Bus,Golf,Hospital,Interstate,Marina,Private School,Public School,Shopping,Pool,Tennis
Construction Materials: Dry Wall,Clapboard
Contract Status Change Date: 2024-04-12
Cooling: Ductless
Covered Spaces: 0
Electric: 200 Amps,In Fee,Individual Meter
Fireplace Features: None
Fireplaces Total: 0
Flooring: Hardwood,Other
Foundation Details: Concrete Perimeter,Stone
Garage Spaces: 0
Heating: Natural Gas,Forced Water,Gas Connected
Inclusions: Units are individually metered for Electric and can be billed separately.
Laundry Features: In Building
List Agent Direct Phone: 617-697-4570
List Agent Email: tracy.shea@cbrealty.com
List Agent Full Name: Tracy Shea
Listing Contract Date: 2024-04-12
Listing Id: 1356429
Living Area Source: Other
Living Area Units: Square Feet
Lot Features: Fenced,Paved Driveway,Paved,Sidewalks
Lot Size Area: 4095
Lot Size Square Feet: 4095
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-07-11T19:56:26.930Z
Number Of Buildings: 1
Number of Units Total: 3
Original Entry Timestamp: 2024-04-12T13:34:59.863Z
Original List Price: 1950000
Other Equipment: Ceiling Fan
Owner Pays: Heat,Hot Water
Parking Features: No Garage
Parking Total: 9
Patio and Porch Features: Deck,Porch
Room Bathroom Features: Bath w Shower Stall,Bath w Tub & Shower
Sewer: In Fee,Public Sewer,Public Connected
State or Province: RI
Status Change Timestamp: 2024-04-12T13:34:59.863Z
Stories: 3
Street Name: Dean
Street Number: 13
Street Suffix: Avenue
Structure Type: Up/Down
Tax Annual Amount: 4120.55
Tax Year: 2023
Water Source: Connected,In Fee,Public
Window Features: Insulated Glass Windows
Year Built: 1900
Other Features
Cathedral Ceilings,Skylight,Stairs
Deck
Dryer
Exhaust Fan
Gas Water Heater
Has Cooling System
Has Heating System
Insulation: Ceiling,Floors,Walls
Microwave
Open Parking
Oven/Range
Plumbing: Mixed
Porch
Property Attached
Refrigerator
Walls: Dry Wall
Washer
$ 7,560.54
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,560.54

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