This West Newport DUPLEX is perfect for the most discerning investor. Suitable for Short Term Rentals (less than 30 days) this property is close to Newport's world class beach and neighborhood restaurants. Each unit features its own entry, 3 bedrooms, 2 baths, tastefully upgraded interiors and gas/wood burning fireplaces in each Living Room. The lower unit is recently upgraded with beautiful new flooring, granite kitchen counters and an outdoor patio surrounded by a white picket fence. The upper unit boasts tile flooring and granite counters throughout. The master bedroom features its own gas/wood burning fireplace for staying cozy on California's winter nights. Enjoy ocean views from the expansive patio accessed from the living room area. Each unit is light and bright with newer double pane windows and sliding doors. The two car garage features a common laundry area and an interior access to the lower unit. Your investor will love this ready to rent, turnkey, low maintenance property with newer appliances and separate gas and electric meters for each unit. The Seller will cooperate with your Buyers 1031 Exchange. There is still time to get it done before next year.
Laundry: Area, Community, Dryer Included, In Garage, Washer Included
Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
Total Number of Units: 2
Water Source: Public
Gas Meters: 2
Garage Spaces: 2
Parking Spaces: 2
Has a Pool: No
Pool Description: None
Lot Description: Near Public Transit
Lot Size in Acres: 0.058
Approximate Size (Sq. Ft.): 2, 390
Lot Size in Sq. Ft.: 2, 535
Dimensions: 30' x 85'
Has View: yes
View Description: Ocean
Attached Structure: 0
Property Type: RI
Year Built: 1966
Status: Active Under Contract
Is Aged Restricted: No
HOA Fee: 0
Lot Square Feet Source: Assessor
List Date: 2017-12-12 00:00:00.0
$ per month Year Fixed. % Interest Rate.
Principal + Interest:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: Tim Smith Coldwell Banker Res. Brokerage - CA BRE # shown above if in IDX data This listing's co-agent is: Alvin Gels