Historic two-family gem with proven rental income--and now offering the flexibility every owner wants. The first-floor unit is currently vacant, creating an ideal opportunity for an owner occupant to move right in while generating rental income from the second-floor unit, or lease both units as a strong income-producing investment. Spanning three full floors, this property offers a 1-bedroom unit and a 3-bedroom unit, both filled with natural light and timeless character. Separate utilities and shared laundry keep ownership simple and expenses predictable. Set on one of Newport's most desirable streets, this home blends classic historic charm with thoughtful updates and incredible versatility. Live in one unit while tenants help pay the mortgage, or maximize rental income by leasing both units. Prime location. Proven rental potential. Flexible ownership options. The choice is yours.