32 Ann St Newport, RI 02840

Spacious two family in the heart of Yachting Village could be the steady income producer that you have been looking for. Both units have been rented seasonally. Past summer the 1st floor rented for $10,000 for June, July & August and the 2nd/3rd Floor rented for $13,500. Current rent for 1st floor $1,600 per month and 2nd/3rd Floor $2,800. There is a central entry that services both units and a back staircase. Both units have a central living room, large eat-in kitchens, 3 bedrooms and bath with large showers. The 2nd floor Unit has stairs to the 3rd floor which has sloped ceilings with dormers and adds flexibility for the top unit. There are two separate heating systems to include brand new boiler for 2nd floor. Two electric services. Basement storage has access from both inside and outside. Perfect for bikes and beach equipment. The house needs work but the potential long term will be worth the effort. The small, easy to care for yard provides just enough space for outdoor enjoyment. The location is right between Spring and Thames Streets close to the harbor front action. Call for details. Pre-Inspection report available.