Property Description
Set in one of Newport's most vibrant downtown locations, this exceptional four-family residence places you just moments from the city's top dining, shopping, and waterfront attractions. This building was comprehensively reimagined in 2022, delivering modern design while honoring elements of its historic character. The property is offered fully furnished and presents a rare turnkey investment or lifestyle opportunity. Each unit is filled with natural light and thoughtfully finished, featuring elevated ceilings, refined bathrooms with custom tile work and rain-style showers, and contemporary kitchens outfitted with stainless steel appliances, quartz surfaces, soft-close shaker cabinetry, and beautiful tile details. Restored hardwood flooring runs throughout, adding warmth and continuity to the interiors. The property is well-equipped with individual utilities, gas-fired heating systems, newer hot water tanks, air conditioning, and in-unit laundry in all residences. Outdoor spaces include rear decks and assigned off-street parking for four vehicles. Additional amenities include private unit entrances and shared basement storage. With proven rental performance across all units, this property presents multiple strategies owner occupancy with supplemental income, full investment, or future condominium conversion potential.
Overview
Property Type
Multi-family
Location
13 Sherman Street, Newport, RI 02840
Zoning
R3
MLS ID
1402660
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
4
Full Bathrooms
4
Flooring
Ceramic Tile, Hardwood, Laminate
Appliances
Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Washer
Other Interior Features
Interior Steps, Skylights, Stall Shower, Furnished, Cable TV
Exterior
Stories
2
Water Source
Connected, Public
Utilites
Sewer Connected
Parking
No Garage
Heat Type
Ductless, Forced Air, Gas
Air Conditioning
Ductless
Sewer
Connected, Public Sewer
Substructure
Combination
Other Exterior Features
Deck, Paved Driveway
Details
Total Area
2,748 Sq.Ft.
Water Frontage
Walk to Water
Financial
Price
$2,198,000
Real Estate Tax
$14,445/yr
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