Nestled in the charming historic Point neighborhood of Newport, this delightful multi-family property offers options for investment or comfortable year-round residence. Each unit is spacious and inviting, with 2 bedrooms, 2 baths, and open living, dining, kitchens and laundry. Enjoy private outdoor space with one unit boasting a patio area and the other a large deck, plus a shared yard, bike shed, and off-street parking. The first-floor unit impresses with its beautiful bamboo floors, a cozy cast iron fireplace, built-in bookshelves, a kitchen island with seating, and ample cabinet storage. The second unit spans two levels, each with a bedroom and bath, and a fantastic deck space with two entry doors that flood the area with light, and offers a perfect transition space for relaxation or entertaining. This well-maintained property features new AC/Heat mini splits, fresh interior paint, young roof and water heaters. The yard has lovely perennials and rose bushes. With an excellent rental history, this turnkey operation is ready for its next owner. The location is unbeatable! Just minutes' walk to the waterfront, where you can enjoy parks, sunsets, swimming. There's also a launch ramp for boats, dinghies, and kayaks. Nearby, you'll find pickleball and tennis courts, restaurants, shopping, beaches, and ferry service. Unit two is open starting July for a buyer to come and enjoy summer in Newport!Show Description MLS® Number1380890
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.11
ExteriorDeck, Paved Driveway
GarageNo
Approx. Age1880
BasementInterior Entry, Partial, Unfinished
DrivewayNo Garage
Garage Spaces
HeatElectric, Gas, Heat Pump
A/CDuctless
Heating Fuel
Seasonal rentals means summer months and fall/winter Furnished units. Income Reported is gross for 2024- 2 units GI $63, 700 Owner expense include costs of utilities in the summer months, yard care, pest , property mngt, and commissions. Winter tenants pay all utilities and wifi. Please note that unit 1 through May 2025 is Below market rate of $2600. Owner used in fall 2024 and winter 2025 was late to get rented.
