Nestled in the charming historic Point neighborhood of Newport, this delightful multi-family property offers options for investment or comfortable year-round residence. Each unit is spacious and inviting, with 2 bedrooms, 2 baths, and open living, dining, kitchens and laundry. Enjoy private outdoor space with one unit boasting a patio area and the other a large deck, plus a shared yard, bike shed, and off-street parking. The first-floor unit impresses with its beautiful bamboo floors, a cozy cast iron fireplace, built-in bookshelves, a kitchen island with seating, and ample cabinet storage. The second unit spans two levels, each with a bedroom and bath, and a fantastic deck space with two entry doors that flood the area with light, and offers a perfect transition space for relaxation or entertaining. This well-maintained property features new AC/Heat mini splits, fresh interior paint, young roof and water heaters. The yard has lovely perennials and rose bushes. With an excellent rental history, this turnkey operation is ready for its next owner. The location is unbeatable! Just minutes' walk to the waterfront, where you can enjoy parks, sunsets, swimming. There's also a launch ramp for boats, dinghies, and kayaks. Nearby, you'll find pickleball and tennis courts, restaurants, shopping, beaches, and ferry service. Unit two is open starting July for a buyer to come and enjoy summer in Newport!