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    7 Dearborn Street

    Newport, RI 02840
    • $1,100,000
    • STATUS: Active
    • ON SITE: 7 days
    • MLS #: 1281156
    UPDATED: 60 min ago
    $1,100,000
    • 8
      BEDS
    • 0.06
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 4,597
      SQFT
    • $239
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    Imagine yourself on the rooftop deck on the 4th of July enjoying a spectacular panoramic display of fireworks! Great opportunity to own water view property in the heart of the Yachting Village. Situated at the bottom of Dearborn Street this property has a large back yard and water views from each floor with sweeping harbor vistas and bridge backdrops from the spacious third floor deck. The property is currently set up as a 4-unit multi-family dwelling with a 3-bedroom 2-bath unit composing the entire first floor. The second floor is comprised of a 2-bedroom 1-bath unit with open concept between the kitchen and living areas and then a 1-bedroom 1-bath unit that does have a full kitchen with a combined living/sleeping area. The third floor is a 2-bedroom 1-bath, loft style unit with direct access to a sizeable deck. The space is bright & airy and quite inviting & cozy at the same time. Shared laundry is located on the first floor. An impressive full stone foundation can be accessed down the west facing side alleyway. Gas heat is a plus. Potential to add off-street parking. A local well-known architect has drawn up three options to transform this impressive property: update the existing units, convert to three one-level units or a single-family conversion. Don't judge a book by its cover! Don't miss this opportunity to own a prime piece of downtown real estate and make it your own! Property being SOLD AS IS. Architectural drawings can be provided upon request.

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    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-06T08:37:32.593.
    www.martonegroup.com/homes/116529070
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    7 Dearborn Street Newport, RI 02840

    • Price: $1,100,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 1281156
    8
    Beds
    5
    Baths
    0
    ½ Baths
    0.06
    Acres
    4,597
    SQFT
    $239
    $/SQFT
    1900
    Built
    Neighborhood:
    Yachting Village
    County:
    Newport
    Area:
    Newport
    Property Description
    Imagine yourself on the rooftop deck on the 4th of July enjoying a spectacular panoramic display of fireworks! Great opportunity to own water view property in the heart of the Yachting Village. Situated at the bottom of Dearborn Street this property has a large back yard and water views from each floor with sweeping harbor vistas and bridge backdrops from the spacious third floor deck. The property is currently set up as a 4-unit multi-family dwelling with a 3-bedroom 2-bath unit composing the entire first floor. The second floor is comprised of a 2-bedroom 1-bath unit with open concept between the kitchen and living areas and then a 1-bedroom 1-bath unit that does have a full kitchen with a combined living/sleeping area. The third floor is a 2-bedroom 1-bath, loft style unit with direct access to a sizeable deck. The space is bright & airy and quite inviting & cozy at the same time. Shared laundry is located on the first floor. An impressive full stone foundation can be accessed down the west facing side alleyway. Gas heat is a plus. Potential to add off-street parking. A local well-known architect has drawn up three options to transform this impressive property: update the existing units, convert to three one-level units or a single-family conversion. Don't judge a book by its cover! Don't miss this opportunity to own a prime piece of downtown real estate and make it your own! Property being SOLD AS IS. Architectural drawings can be provided upon request.
    Exterior Features

    Construction Materials DrywallShingle Siding Covered Spaces 0 Exterior Features Porch Foundation Details Combination Garage YN No Other Structures Outbuilding Parking Features None Parking Total 0 Patio And Porch Features Porch View Water View YN Yes Waterfront Features Walk To Water

    Interior Features

    Appliances DryerGas Water HeaterMicrowaveOvenRangeRefrigeratorWater HeaterWasher Basement FullUnfinished Basement YN Yes Cooling None Fireplace YN No Fireplaces Total 0 Flooring LaminateVinylCarpet Heating GasHot Water Interior Features SkylightsTub ShowerCable Tv Window Features Skylight(S)

    Property Features

    Association Fee 0 Community Features GolfMarinaNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S)Sidewalks Electric 100 Amp ServiceCircuit Breakers Land Lease YN No Laundry Features Common Area Operating Expense 0 Owner Pays Hot Water Property Condition Fixer Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic Sewer Tax Annual Amount 7303 Tax Assessed Value 473600 Tax Lot 32 Tax Year 2020 Utilities Sewer ConnectedWater Connected Water Source ConnectedPublicWater Tap Fee Zoning R10

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Lila Delman Real Estate.





    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-06T08:37:32.593.
     
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    The Martone Group | RE/MAX Properties
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    Smithfield RI, 02917