37 Powel Avenue Newport, RI 02840
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.
- Property TypeMulti-Family
- NeighborhoodKay/Catherine
- CountyNewport
- Taxes$8,515
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusActive Under Contract
- MLS ID Number1359296
- Home Size Source Other
- Year Built1900
- Lot Size0.1542 Acres
- Full Baths6
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 37 Powel Avenue Newport, RI 02840
2 weeks ago | |
2 weeks ago | |
4 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Construction ClapboardWood Siding
- Parking DetachedGarage
- Parking Spaces 7
- Sewer Public Sewer
- Electric 200+ Amp ServiceCircuit Breakers
- Basement Exterior EntryFullInterior EntryUnfinished
- Number of Stories 3
- Acreage 0.1542
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 2
- Attached Garage No
- Utilities Sewer Connected
- Foundation Concrete PerimeterStone
- Zoning R10
Interior Features
- Cooling Central Air
- Heating Forced AirGasHeat PumpZoned
- Appliances DryerDishwasherExhaust FanDisposalGas Water HeaterOvenRangeRefrigeratorRange HoodWater HeaterWasher
- Flooring Ceramic TileHardwood
- Interior Wet BarBathtubCathedral CeilingsTub Shower
- Fireplaces 2
- Fireplace Features GasMasonry
- Laundry Features Common Area
- Window Features Thermal Windows
- Fireplace Yes
Exterior Features
- Fencing Fenced
- Waterfront Property Yes
- Waterfront Features Walkto Water
- Exterior BalconyPorchPatio
- Patio And Porch BalconyPatioPorch
Community Features
- Community Features Near HospitalNear SchoolsPublic TransportationRecreation AreaRestaurantShoppingTennis CourtsSidewalks
- Senior Community No