37 Powel Avenue is a $2,095,000, 4,255 square foot, 6 bedroom, 6.0 bath home on a 0.15 acre lot located in Newport, RI.
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.
| Above Grade Sqft | 4,255 |
| # Full Bath | 6 |
| Basement | Exterior Entry Full Interior Entry Unfinished Basement - Yes |
| Appliances | Dishwasher Disposal Dryer Gas Water Heater Oven Exhaust Fan Range Range Hood Refrigerator Washer Water Heater |
| Interior Features | Ceramic Tile Hardwood Concrete Perimeter Stone Cathedral Ceilings Tub Shower Wet Bar Common Area Thermal Windows |
| # Fireplaces | 2 |
| Fireplace Types | Gas Masonry Fireplace - Yes |
| Cooling Types | Central Air Cooling - Yes |
| Heating Types | Forced Air Gas Heat Pump Zoned Heating - Yes |
| # Parking Spaces | 7 |
| Parking Types | Detached Garage Garage - Yes |
| Exterior Features | Near Hospital Public Transportation Recreation Area Restaurant Shopping Sidewalks Tennis Courts Near Schools Item200 Amp Service Circuit Breakers Balcony Patio Porch Fenced PatioAndPorch Features - Balcony PatioAndPorch Features - Patio PatioAndPorch Features - Porch Possession - Negotiable Sewer Connected Waterfront Features - WalktoWater |
| Construction Types | Clapboard Drywall Wood Siding |
| Water Source | Connected Public |
| Sewer | Connected Public Sewer |
| Attribution Contact | 401-848-2101 |
| Property Type | Residential Income |
| Property Sub Type | Multi Family |
| Year Built | 1900 |
| HOA Fee | $0.00 |
| Taxes | $8,515.00 |
| County | newport |
| Neighborhood | Kay/Catherine |
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