This versatile property is located in a convenient town location close to shopping, restaurants, marinas, and Mackerel Cove beach! Newport is just minutes away. This single or multi-family property is set on a generous 19,800 square foot lot and includes a separate versatile studio. The first side has lofted ceilings, a cozy wood stove in the living area, a first floor bedroom and full bath, and a southern facing sunroom. Upstairs is an open space that could be a third bedroom/office, a full bath, and an expansive primary bedroom. The second unit’s private entry leads up to a living area with bright windows, a gas fireplace, custom kitchen, and a spacious bedroom with a full bath. The loft area offers overflow living space. Enjoy sunset views from all levels, including the rooftop deck. An ample two car garage provides storage. The separate studio, completed in 2021, has vaulted ceilings, large windows, a kitchenette, spacious full bath, and a full basement. Ideal for a private workshop or music haven! Potential for subdividing into two single family lots!