4 Dresser, Newport, RI, 02840

Two-family gem with unlimited potential - this diamond in the rough is a rare find steps from the iconic Cliff Walk and minutes from shopping, dining and neighborhood amenities. Solid bones, new gas heating system in 2024 as well as new unit 2 appliances and flexible layout offer endless possibilities for owner-occupiers, investors, or someone ready to renovate and unlock significant value. Each unit features bright, airy rooms and classic architectural details waiting to be refreshed; imagine modern kitchens, spa-inspired baths, and thoughtful finishes that maximize rental income or create a luxurious two-family retreat. Off-street parking, a private yard, and proximity to waterfront complete the package. Bring your vision and tools - this property is poised for transformation into a standout coastal residence or high-return investment in one of the area's most desirable locations. Don't miss the chance to make this diamond shine. This property is being sold as-is.

Residential Income
$1,350,000
Location
City/TownNewport
CountyNewport
Community FeaturesBus, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Tennis
Interior
Living Area2,525 sq. ft.
Rooms10
HeatingNatural Gas, Baseboard, Steam
CoolingWindow Unit(s)
Interior FeaturesWall (Dry Wall), Skylight, Stairs, Plumbing (Mixed)
Additional Information
Tax Assessment$1,066,500
Exterior
Acreage0.08
Exterior FeaturesDeck, Porch
Waterfront FeaturesWalk to Salt Water
Listed By: Remax Revolution

Information is deemed reliable but is not guaranteed.

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. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.

Reset password

Enter your email address and we will send you a link to change your password.