37 Powel Avenue
Newport,
RI
02840
Property Details
List Price: |
$2,095,000 |
Beds: |
6 |
Baths: |
6 |
Status: |
Pending |
SqFt: |
4255 |
Agency: |
Lila Delman Compass |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1900 |
Notes: |
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. |
MlsNumber: |
1359296 |
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Listing Provided By: |
Lila Delman Compass, original listing |
Name: |
Lila Delman Compass |
Phone: |
(401) 789-6666 |
Office Name: |
Lila Delman Compass |
Office Phone: |
(401) 848-2101 |
Agent Name: |
Newport Living Group |
Disclaimer: |
Copyright © 2024 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |