Nestled between Spring and Thames Street this three family home is the perfect investment or owner occupied property! Sit on the front steps with your morning coffee and take in the harbor view ! Shady back yard with patio, which could be a gorgeous garden area. Walk to all Downtown restaurants, shops and harbor. Fully rented. Great combination of long term tenants and seasonal/academic tenants. 2 units feature balcony decks. Coin -op washer and dryer in front hallway. The first floor has options! Currently rented as 1 bedroom, but has the option of being rented as a 2 bedroom or 3 bedroom unit with 2 full bathrooms. Second floor consists of three bedrooms(currently used as a 2 BR, with office), updated bathroom and a quaint deck off of the kitchen. The third floor apartment has an abundance of natural light and a spacious living area with an open concept. Historically this property is rented with a mix of annual and seasonal rentals. 2 units have fireplaces (a total of 3). The fenced backyard has a patio, and the opportunity to create a lovely garden area. A rooftop deck potential with harbor water view was started by previous owner, with a new building permit you could complete it. Potential for driveway too. Many options with this property. Convert to a 2 family or a gracious single family home in the heart of Newport. Or keep as a solid investment property. Walk everywhere from this property in Newport’s sought after Yachting Village. One furnace (GAS) with 4 zones Electrical updated to 200 Amps in 2019 3 brick fireplaces This home offers many possibilities as owner occupied, investment property, conversion to a single family or 2 family or even condos!
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