$1,099,000

About this home

This newly renovated two-family home is the perfect owner-occupied investment. As turnkey as they come with a strong rental history, separate utilities, private decks, in unit laundry, parking for four, and both units vacant, you can choose your unit and your tenant from day one. The feature unit spans the entire second and third floors. The second floor is highlighted by an open kitchen, living, and dining area, plus a bedroom, full bath, a large mudroom with in-unit laundry, and a private deck. The third floor is an epic primary suite with sweeping views of the Newport Bridge, a walk-in closet, and a spa like bath with a tiled shower, double vanity and a soaking tub. The first floor unit features an open kitchen, dining, and living space, one bedroom, one bath, in-unit laundry, private deck and a flexible office/playroom/or guest room. Both units have rented well, especially to Navy families and professionals who want to be close to Naval Station Newport or within a short walk of downtown. White oak and hickory floors and central air run through both units. Each unit also has its own heating and cooling system and its own water meter, so tenants cover their own utilities and your costs stay predictable. Outside, there’s a common patio, off-street parking, and a full basement with an outside entrance. Owner-occupants get a home with built-in income, and investors get a proven rental that’s ready to lease at today’s rents. UNIT A photos being uploaded soon

Property facts

Property type

Multi Family

Year built

1850

Lot size (acres)

0.113

Total rooms

12

Garage spaces

0

Total parking

4

Annual taxes

$4,985

Tax year

2026

County

Newport

Features

Heating

Electric, Natural Gas, Baseboard, Forced Air, Heat Pump

Cooling

Central Air, Ductless

Basement

Full, Walkout, Unfinished, Storage Space

Appliances

Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Gas Water Heater, Tankless Water Heater

Interior

Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Walls)

Laundry

In Building

Parking

No Garage

Construction

Dry Wall, Clapboard, Shingles

Utilities

Sewer Connected, Water Connected

Water

Individual Meter, Public

Exterior

Balcony, Deck, Patio

Location