13 Dean Avenue, Newport, RI 02840
- 5 beds |
- 5 baths |
- 2,448 sqft
Multi-Family Home 
Built in 1900 
4,095sqft lot
—— car garage 
$654/sqft 
Listed 4 months ago
Property Description
Newport is the place to be! Have your own place in the heart of yachting village with plenty of room to park your car and your tender. Walk to all the Newport happenings from your doorstep. Start your Newport story with this exceptional investment. Rent out the other two apts or have your in-laws or extended family join you next summer. Life is too short not to plan ahead for your summer fun. Sold furnished! Fully-restored 3 unit on oversized lot (25% building cov.) in the heart of Newport's Historic Yachting Village! Located steps to Thames Street and all Newport has to offer, this is a tremendous investment or owner occupant opportunity offering as high as a 8.2% Cap Rate--a stellar return for the area, and up to 6+ PARKING SPACES. The entire home has been renovated and restored from the roof to the Premium Andersen Replacement Windows with transferrable warranty. The home features three large units, (2) 2 BR/ 1.5 BA, and (1) 1BR/ 1 BA, all currently rented. Units feature hardwood flooring, premium bathrooms and kitchens completely updated and remodeled. Each unit has its own energy efficient ductless heating and cooling system, and is also connected to gas, water, sewer. The roof is young, and was stripped and replaced in 16 with transferrable warranties. Each unit comes w/ new dedicated Maytag washer/dryers.
- Listing Status:
- Active
- Date Added:
- July 14, 2025 at 05:00AM
- Listing Office:
- Smith and Oak Real Estate Co. : 401-464-2617
- MLS ID:
- 1389865
- General: DeckPaved Driveway
- Parking: No GarageParking spaces: 9
- Windows: Thermal Windows
- General: PlasterClapboardWood Siding3Stone
- Originating MLS: RIS_RIS
- County: Newport
- Zoning: R1013DEANAVNEWP
- Fencing: Fenced
- Utilities: Sewer ConnectedCircuit BreakersSeparate Meters
- Water: ConnectedMultiple Meters
- Sewer: Connected
- Source: RIS_RIS
This listing courtesy of Smith and Oak Real Estate Co.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Frank E. Thompson Middle School
55 Dr Marcus Wheatland Blvd, Newport, RI, 02840
Grades 5-8
0.95 miles away
Frank E. Thompson Middle School
55 Dr Marcus Wheatland Blvd, Newport, RI, 02840
Grades 5-8
0.95 miles away
Newport Area Career Tech Center
15 Wickham Rd, Newport, RI, 02840
Grades 9-12
0.79 miles away
