Description

Solid two-family tucked into the Point neighborhood of downtown Newport, just steps from upper Thames Street and Washington Square. This low-maintenance investment property has seen many upgrades over the last 20 years and offers all separate utilities with young boilers, new exterior siding, parking and no lawn to mow. Two spacious units feature separate entrances, double-parlor living spaces, large eat-in kitchens and shared basement laundry. The first floor provides a single-level 2-bed/1-bath with interior access to the basement. The second unit spans over two levels, including 4-bedrooms and 2 full bathrooms. Once operating as a 3-family, the cozy third floor has its own heating zone, full bathroom, plus sitting room with wet bar and Vermont Castings gas stove. Keep long-term tenants for a hassle-free investment or maximize income by shifting to seasonal rentals in 2022.