Link Copied
Listed price in listed location currency (USD).
$2,125,000

644

MLS® 1401952

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2625 sqft
Garage No
Taxes $9,678
Days Active 0
Lot Size 0.073 acres
Approx. Age 1750
Avg. Price Per Sqft $809
MLS® Number 1401952

Property Address: 69 Spring St, Newport, RI, 02840-6804

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment property in the heart of Newport's tourist district. 69 Spring Street is a 4-unit multifamily featuring 3 Fully City Licensed Short Term Rental units and 1 year round tenancy apartment. The property features a driveway with 4 dedicated parking spaces- a rare and valuable amenity in this high demand location. The licensed short-term rental units are turnkey and ready to continue generating revenue, while the long-term tenant provides reliable baseline income. Profit and Loss statements are available for review; gross income for 2025 projected at $199, 000. BEING SOLD as a package with 87 Spring Street (MLS #1401961) for $3, 950, 000. Reach out today to schedule a tour.
MLS® Number1401952
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.073
Exterior
GarageNo
Approx. Age1750
BasementFull, Unfinished, Walk Out Access
DrivewayNo Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 18, 2025List Date
$2,125,000List Price
  • Commute

Commute

Starting Address
Destination Address
69 Spring St, Newport, RI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties