3-7 Carroll Avenue, Newport, RI 02840 - Newport County

In perfect time to capitalize on the high season, 3 & 7 Carroll Avenue offer a rare opportunity for buyers looking to enter into a Newport exclusive mixed-use opportunity. Situated in the heart of the vibrant Fifth Ward neighborhood, this property offers a great location close to Ocean Drive and beaches. Whether you choose to live on-site and operate a high-end café or restaurant on the lower level, or capitalize on short-term rentals with the multi-family set-up, this is an investment poised for long-term success. Two residential units enjoy wonderful natural lighting throughout the day and into the evening, with warm sunsets casting over the back deck. Many upgrades have been made, including a full renovation of the third-floor unit, replacement windows, new flooring, and new exterior siding on the main building in 2024. This property has a lot to offer and is truly a must-see to understand the opportunity.