13 Dean Avenue, Newport, RI 02840

Property Description

Parking in the Yachting Village! Opportunity to own an updated three family in the heart of downtown Newport. Nicely maintained, the owner has an extensive list of updates including but not limited to windows, bathrooms, kitchens, appliances, insulation and a 6-year young roof. Each unit showcases beautifully refinished hardwood floors, open concept living spaces with updated kitchens and bathrooms, custom insert blinds that toggle from shear to black out, balcony space on each level with room for a bistro table and individual full-size laundry and storage areas for each unit. Shared back yard with a dedicated and convenient locked bike area with interior and exterior entry to the basement for easy access. The property comes with a newly paved oversized parking lot that can accommodate six cars side-by-side or up to nine cars with tandem parking. The seller has completed and will convey to the next steward of 13 Dean Avenue a feasibility study to add a garage that was previously on the property but was removed after 1998. Unit two furnishings are negotiable. Unit one has a lease in place through June 2023. Units two and three are vacant. Past and projected rental incomes available.