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37 Powel Avenue Newport, RI $ 2,400,000
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$ 2,400,000 Get more info
37 Powel Avenue
$ 2,400,000
Back to search
Share Save

37 Powel Avenue

Newport, RI, 02840
$ 2,400,000
Bedrooms6 Baths6.0 Sq 5,830

Monthly Estimate*

$ 16,765

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Multi-Family Home for sale in Newport, RI

for $2,400,000 with 6 bedrooms and 6 full baths. This 5,830 square foot home was built in 1892 on a lot size of 0.1542.

Exquisitely restored home sitting just off Kay Street is a perfect blend of Victorian elegance and modern sophistication. Originally built in 1892 with a top to bottom renovation in 2022, property showcases exquisite craftsmanship and contemporary luxury. Can be purchased as a furnished, turnkey property. Unit 1 has 5 bedrooms and 5 full bathrooms. Luxurious multi-floor owner's townhouse unit with a private entrance. Historical charm radiates through detailed woodwork, antique stained glass, restored pocket door, and inviting gas fireplaces. Modern systems include advanced HVAC, completely new electrical and plumbing systems, high-end Marvin windows, and a hotel grade fire suppression system. Kitchens designed for a crowd include stainless steel appliances, first floor main kitchen butler pantry with second dishwasher. Bathrooms feature custom tiling and modern fixtures. Built for all season outdoor living with a fenced backyard, hazelnut trees, a classic wraparound porch, and two separate outdoor showers. Detached two-car garage is equipped with an electric car charger and space for bikes, surfboards, and gear. A legally licensed guest house with all 5 star ratings, this home offers unparalleled flexibility and potential in Newport's vibrant community. Walking distance to dining, shopping, and an easy coastal lifestyle. Rare opportunity to own a piece of Newport's heritage, redefined for modern living with the convenience of brand new systems and technology.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,880

Style

MultiFamily

Lot Size

0.1542

Year Built

1892

Town/City

Newport

County/Region

Newport

MLS | Web ID

1354938
Features
General
Interior Features CathedralCeilings TubShower
Sewer Connected PublicSewer
Heating ForcedAir Gas HeatPump Zoned
Cooling CentralAir
Utilities SewerConnected
Possession Negotiable
Appliances Dryer Dishwasher GasWaterHeater Oven Range Refrigerator RangeHood WaterHeater Washer
Exterior Features Balcony Porch Patio
Zoning R10
Garage Spaces 2.0
Patio/Porch Features Balcony Patio Porch
Construction Materials Drywall Plaster Clapboard ShingleSiding WoodSiding
Year Built 1892
Electric Item200AmpService
Property SubType MultiFamily
Tax Year 2023
Waterfront Features WalktoWater
Community Features Golf Marina NearHospital NearSchools PublicTransportation RecreationArea Restaurant Shopping TennisCourts Sidewalks
County Newport
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Kay Street
Garage Y/N Y
Total Rooms 13
Status Active
City Newport
Buyer Agent Compensation 2.5% VNS
View Y/N N
Senior Community Y/N N
Total Units 2
Lot Size Square Feet 6717.0
Waterfront Y/N N
Carport Y/N N
Street Name Powel
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8880.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/37-Powel-AV-Newport-RI-02840
Days on Market 38
Standard Status Active
Tax Assessed Value 895200
Tax Lot 56
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Interior
Basement ExteriorEntry Full InteriorEntry Unfinished
Flooring CeramicTile Hardwood Other
Total Fireplaces 2
Fireplace Features Gas
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 5830.0
Full Baths 6
Half Baths 0
Street Suffix Avenue
Laundry Features CommonArea
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 6
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Exterior
Parking Features Detached Garage
Water Source Connected Public
Total Parking 8.0
Lot Size Area 6717.0
Foundation Details ConcretePerimeter Stone
Number of Buildings 1
Spa N
Building Area Total 5830.0
Lot Size Acres 0.1542
Lot Size Units SquareFeet
Covered Spaces 2.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 37
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* Excluded Features
List By
Jb Newport Realty

Broker

Janutebooth@gmail.com

Email

Affordability Calculator

$17,505
Per Month
96%
4%
0%
Monthly Principal & Interest
$16,765
Monthly Property Taxes
$740
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/21/2024$2,400,000 Listed Price

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37 Powel Avenue, Newport, RI, 02840 is a Multi-Family Home for sale at $2,400,000 with 5,830 sqft and a lot size of 0.1542. 37 Powel Avenue has 6 bedrooms, 6.0 baths, and was built in 1892. The property's zip code is 02840 which is in Newport, RI

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