37 Powel Avenue, Newport, RI, 02840

37 Powel Avenue, Newport, RI, 02840

13 rooms

6 beds

6 Full baths

1900

Orignially built in 1892 as a guest house for the Naval War College and in 2022 this home underwent an extensive renovation top to bottom with quality materials and thoughtful design. Uniquely equipped to accommodate a variety of living arrangements, the property holds a legal guest-house license and has garnered 100% 5-star reviews providing an excellent opportunity for rental income. Can be purchased as a furnished/turnkey property. Six bedrooms and six bathrooms including a third-floor legal in-law unit that can be repurposed as a guest suite/office. The owners planned this reconstruction as a long term investment and while honoring the home's original aesthetics they introduced state-of-the art features; modern systems include advanced HVAC, new electrical & plumbing systems, Marvin windows, electric car charger, conduit for future solar, and a hotel grade fire suppression system. Gourmet kitchens, elegant bathrooms, bamboo flooring, custom carpentry, second floor laundry, and a fabulous tree house style sitting room. Historical charm radiates through detailed woodwork, antique stained glass windows, restored pocket door, gas fireplaces, and wraparound porch with a balcony. Built for enjoying outdoor living with a fenced backyard, hazelnut trees, and two outdoor showers. Detached 2-car garage has space for bikes and surfboards. Unparalleled flexibility and potential in Newport's vibrant community within walking distance to dining, shopping, and an easy coastal lifestyle.


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Common Area

Units:

2

Zoning:

R10

Subdivision:

Kay/Catherine

Garage:

2-car Detached, Garage

Heating:

Forced Air, Gas, Heat Pump, Zoned

Cooling:

Central Air

Basement:

Exterior Entry, Full, Interior Entry, Unfinished

Parking:

7-car

Acreage:

0.15

Est. Taxes:

$8,515

Assessment

$1,220,200

Construction

Drywall,Clapboard,Wood Siding

Utilities

Sewer Connected

Amenities:

Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

Days on Market:

12

Appliances:

Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer

MLS #:

1359296


Community Info

School Info

Walk Score

Mass Transit

Yelp


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