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10 Cross Street Newport

$580,000
5 2.1 1,974 sq ft

The Property

Looking for an opportunity to own property in the Point? Look no further than here. This two-family home has a two-bedroom first floor unit with an eat-in kitchen, small living room and comfortably sized full bath. The second story unit consists of two floors, with the lower level offering an eat-in kitchen, living room, bedroom and full bath. The upper level features two bedrooms and a half bath.

Two Velux skylights bring lots of natural light to the second level landing and bath.

Surrounded by stunning homes, this forgotten gem could easily be returned to a single-family home, or renovated and kept as a two-family home bringing in high end summer rentals and winter rentals. Located a couple of blocks from the harbor, Washington Square and other Newport attractions, the potential for this property is worth taking a look at. Live in it while renovating, rent one unit while working on the other. The house has consistently brought in annual and summer/winter rentals for many years (first floor unit has been an annual rental, second floor unit’s rent reflects summer and winter rates combined. Both apartments have been rented under market rates). Investors take note!!

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Listing Details

MLS Number

1297892

Lot Size:

0.03 acres

Features

  • Basement: Full
  • Shingles
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Oil
  • Laundry
  • Corner
  • Sidewalks
  • Type: Up/Down
  • Year Built: 1900
  • Water Amenities: Walk to Salt Water

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Listed by Coldwell Banker Realty

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