Welcome to Red Cross Avenue, a tranquil tree-lined community nestled in the heart of Newport. Stroll to Easton's Beach, the Cliff Walk, Bellevue Avenue or downtown. This spacious two-family home offers mirror-image units side-by-side, each over three floors. Each carefully maintained unit boasts over 1,650 square feet of living space including 5/6 bedrooms and 2 bathrooms. Newer windows, roof, wiring, and gas central heating have been installed. Hardwood floors recently refinished. The first floor of each unit contains a master bedroom (with fireplace), bathroom, living room and an eat-in kitchen. Both units have their own basements with laundry and separate utilities. 2 king-sized bedrooms on the second floor, a 3rd good-sized bedroom, and a 3-piece bathroom with jetted tub and towel warmer. The third floor has 2 small bedrooms per side. Beacon Hill style garden at the back surrounded by mature 15ft hedges. Hard-surfaced parking for 12 vehicles in the rear of the property could be used to build a 3-bay garage, guest/studio accommodation or a home office. Owner-occupied currently, leases are in place for both units from Sept 2019 through May 2020, totaling $5,500 per month. A strong rental history, with potential annual income of $80,000+ if rented in summer, the property can be acquired as a turn-key investment. OR rent one side and keep the other as your Newport beach-house. Alternatively, combine both units into a spectacular family home!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
