Description
Located on the edge of the beloved Point district and close to downtown Newport and all it has to offer, this multifamily with updated heating systems and electrical panels, plenty of parking, and a spacious backyard (pool recently gone) offer many possibilities. Boasting a successful rental history as a three-unit multifamily with separate utilities. Unit 1 (2 bed/1 bath), Unit 2 (3 bed/1 bath), and Unit 3 (1 bed/1 bath). One may consider renting each unit separately as seasonal rentals or as yearly rentals. A new owner may also decide to update each unit to maximize rental income or convert this multifamily home into a fabulous single-family. Excellent opportunity as an investment, owner-occupied multifamily, or possible conversion to a large single-family. Whatever option works for you, don't miss out on this great property!
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6BEDS
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0.21ACRES
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3BATHS
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01/2 BATHS
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2,405SQFT
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$580$/SQFT
School Ratings & Info
Description
Located on the edge of the beloved Point district and close to downtown Newport and all it has to offer, this multifamily with updated heating systems and electrical panels, plenty of parking, and a spacious backyard (pool recently gone) offer many possibilities. Boasting a successful rental history as a three-unit multifamily with separate utilities. Unit 1 (2 bed/1 bath), Unit 2 (3 bed/1 bath), and Unit 3 (1 bed/1 bath). One may consider renting each unit separately as seasonal rentals or as yearly rentals. A new owner may also decide to update each unit to maximize rental income or convert this multifamily home into a fabulous single-family. Excellent opportunity as an investment, owner-occupied multifamily, or possible conversion to a large single-family. Whatever option works for you, don't miss out on this great property!
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