13 Sherman, Newport, RI, 02840

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.

Residential Income
$2,149,000
Location
City/TownNewport
CountyNewport
Community FeaturesBus, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area2,748 sq. ft.
Rooms12
HeatingNatural Gas, Forced Air
CoolingDuctless
Interior FeaturesWall (Dry Wall), Skylight, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
Additional Information
Tax Assessment$1,662,500
ZoningR3
Exterior
Acreage0.12
Exterior FeaturesDeck
Waterfront FeaturesWalk to Salt Water
Listed By: Serhant Rhode Island

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