This totally updated 3 bed/1.5 bath home includes all furniture and appliances, making it move-in-ready or perfect as a furnished rental property (VRBO gross annual income $32000)! Original hardwood floors, newer double-paned windows and granite counters in the kitchen. Wiring is updated with zoned electrical heating, insulation and vapor barrier. Located on a quiet, tree-lined street within walking distance of beautiful downtown Newport - just minutes from the espresso stand, antique shopping or fantastic, local restaurants. You must tour to appreciate! With 20% down, seller is willing to carry a six-month contract for buyer to refinance and cash the seller out.
Formerly a 7-unit motel in the middle of downtown Newport near absolutely everything, including the hospital, this is an amazing investment opportunity! All units have been converted to apartments with only one step up to enter; most are remodeled with updated plumbing and a shared washer/dryer room. All electrical is to code and the roof is new. Some tenants have been here for 25+ years. Call now to tour!
Newport is located in Washington. Newport, Washington has a population of 2,064. Newport is more family-centric than the surrounding county with 22.13% of the households containing married families with children. The county average for households married with children is 20.5%.
The median household income in Newport, Washington is $38,854. The median household income for the surrounding county is $59,134 compared to the national median of $69,021. The median age of people living in Newport is 39.2 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 20.9 degrees. The average rainfall is approximately 27 inches per year, with 60.9 inches of snow per year.
