8-6 1/2 Cross St, Newport, RI 02840

Estimated Payment $5,313 Per Month. * 20% Down 30-Year fixed mortgage rate of 5.27% with an APR of 5.28% for those who qualify. * Taxes insurance not included. * Rates As of 08/03/22. __________________________________________________________________________________________________________ This unique colonial located in the prestigious Point section of historic and beautiful Newport has been completely remodeled (down to the studs) and is ready for its next owner. Conveniently situated only steps away from everything "America's First Resort" has to offer, this multi boasts a first-floor unit with 2 bedrooms, a 2-level second unit with 4 bedrooms, AND a separate loft cottage. Adorned with shiplap, original woodworking, glass tile, stainless steel appliances, gleaming hardwoods, central air... what more could you want? There are only finishing touches left to complete this project, and the current owner is willing to work with the right buyer to get it there to his/her taste. With an appraisal in hand for $1.3M, this one already has equity built-in, a rare find in this market!