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Kathleen Sposato

soldwithsposato@gmail.com +1(508) 523-8632

$895,000

Est. payment - /mo

4 Beds

2 Baths

1,600 SqFt

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Sat Jul 26, 11:00am - 12:30pm

Sun Jul 27, 11:00am - 12:30pm

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $559

MLS Listing ID 1390943

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,600

Year Built 1852

Annual Tax Amount $7,463

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Multi Family

Property Description

Presenting 17 Dearborn Street, The Owen Greelish House. Located just three doors from Thames Street, 17 Dearborn puts you in the center of Newport's vibrant waterfront district steps from world-class dining, boutique shopping, nightlife, and the harbor. This is a rare opportunity to own in one of the most walkable and high-demand locations in town. Currently configured as a two-unit multi-family home, the property offers flexibility for a wide range of buyers. Whether you're an investor looking for strong rental income, a second-home buyer seeking a base in the heart of downtown, or a homeowner interested in converting to a single-family residence or condominiums, the potential here is exceptional. The first-floor unit features two bedrooms and one full bath. The upper townhouse-style unit offers additional living space across two floors, with the option to dormer the third level to create a larger footprint. Each unit has separate utilities and its own laundry, and the private, shaded backyard provides a peaceful retreat in this downtown setting. In a market where location drives value, 17 Dearborn delivers on every level; proximity, potential, and upside. Opportunities like this in downtown Newport are few and far between.

Location

State RI

County Newport

Zoning R10

Rooms

Basement Full, Unfinished

Interior

Interior Features Attic, Permanent Attic Stairs, Storage, Skylights, Stall Shower

Heating Baseboard, Oil

Cooling Wall Unit(s)

Flooring Hardwood, Vinyl

Fireplace No

Window Features Skylight(s)

Appliance Dryer, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Restaurant, Shopping, Tennis Court(s)

Waterfront Description Walk to Water

Garage No

Building

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Plaster,Shingle Siding,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 17DEARBORNSTNEWP

Virtual Tour https://tour.RiLiving.com/17-Dearborn-Street-Newport-RI-02840--1390943

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Kathleen Sposato

+1(508) 523-8632

Broker | License ID: 9084437

Broker License ID: 9084437

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17 Dearborn ST Newport, RI 02840

Kathleen Sposato

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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17 Dearborn ST