$1,549,000

Location! Location! Newly renovated, eight bedroom opportunity in the heart of Newport. Nestled in the middle of everything Newport, just steps to marinas, wharfs, restaurants, shops, galleries and so much more. Live the Newport life, while receiving ever increasing rental income. The eight bedrooms open up a world of possibilities. Choose the two-bedroom top floor and enjoy nightly sunset views of Newport harbor from the roof top deck. If you have been interested in living or owning in Newport, this may be your answer! The residence features a spacious three-bedroom, 1 bathroom layout on the first floor alongside a sprawling five-bedroom, 2-bathroom upper unit that spans two levels. The heavy lifting is already done, showcasing recent upgrades to include quartz countertops, kitchen appliances, freshly painted interiors, and new and refinished hardwood floors and more. Big-ticket expenditures are also covered with a three-year-old roof, newer gas heating systems, and an updated electrical system. This property has a long history of being a rental income producer, a near-zero vacancy rate. Separate utilities for each unit guarantee low overhead and a streamlined management experience for the owner-occupant or landlord . This versatile property presents endless possibilities as a high-performing investment property, seasonal rental, multi-generational residence, or a combination of personal use and rental income. *More Photos Coming*