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Do Real Estate on the Go!
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$2,125,000
6 Beds
- 4 Baths
4 full baths
--sqft
69 Spring St, Newport, RI 02840
$2,125,000
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Single Family Residence
Built in 1750
$-- HOA
3,181 sqft lot
--/sqft
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 ...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
3
County
City
Neighborhood
--
Year Built
1750
HOA Fees
-
Finished Area
- sqft
Lot Size
3,181 sqft lot
Basement Area
- sqft
MLS Name
RI StateWide MLS
MLS Number
1401952
MLS Status
Active
Days on Market
1
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