Description
This remodeled luxury triplex is fully rented with annual gross income of $224,907 and offers the best of beach living in Newport. The front two downstairs single-level units are each 1bd/1ba, both with their own private outdoor patio spaces. Front and back are currently utilizing two separate short-term rental permits in place. The back carriage-style loft studio showcases an expansive deck and abundant sunlight throughout. Each of the three units offers a private entry. Surf and sand are just down the street and can be seen from the sidewalk just outside the front patio. The property is walking distance to the beach and Newport's best coastal restaurants, shopping boutiques, bars and live entertainment. Right around the corner is the waterfront Lido Marina Village and famed Newport Pier. This location is a local's favorite and offers a more private setting coupled with walkability to all the most desirable aspects of a coastal lifestyle.
Location
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