For Sale, USD 1,600,000
Newport, Rhode Island, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 1,628 ft² / 151 m²
Land Size : N/A
Bedroom : 4
Bathroom : 2
Half Bathroom : 2
MLS#: 1384067
Property Description
Welcome to 11 Merton Road, a rare investment opportunity located in the historic heart of Newport. This legal Airbnb-approved short-term rental property features two fully registered units, offering a chance for investors or buyers seeking a second home with substantial income potential. Ideally situated to capitalize on Newport's thriving tourism market, this property provides both versatility and undeniable charm. The residence is divided into two distinct 2-bedroom, 1-bath units. The upper-level unit boasts a spacious, open layout with central air conditioning, plus access to a generous private deck perfect for relaxation or entertaining. The first-floor unit offers modern upgrades and cozy living spaces. Both units benefit from updated heating and cooling systems for year-round comfort, along with new composite siding for a low-maintenance exterior. Additional highlights include off-street parking and a private outdoor space for residents to enjoy. The property's unbeatable location is just steps from the Tennis Hall of Fame, the elegant shops and dining along Bellevue Avenue, and a short stroll to the stunning Cliff Walk, beaches, and the Newport waterfront. With its prime location, the property is poised to attract consistent rental demand. Don't miss this exceptional chance to own a versatile, income-generating property that combines steady revenue.
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11 Merton Road, United States,Rhode Island,Newport is a 1,628ft² Newport luxury Multi-Family Home listed for sale USD 1,600,000. This high end Newport Multi-Family Home is comprised of 4 bedrooms and 2 baths. Find more luxury properties in Newport or search for luxury properties for sale in Newport.