Do Real Estate on the Go!
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- Property Details
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Do Real Estate on the Go!
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No HOA 
New 
Street View
$1,850,000
7 Beds
4 Baths4 full baths
--sqft
87 Spring St, Newport, RI 02840
$1,850,000
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Single Family Residence
Built in 1898
$-- HOA
1,568 sqft lot
--/sqft
Description
Exceptional investment property in the heart of Newport's tourist district. 87 Spring Street is a 4-unit multifamily featuring 3 Fully City Licensed Short Term Rental units and 1 year round tenancy apartment. 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 projected income for 2025-2026 $203,600. BEING SOLD as a package with 69 Spring Street (MLS #1401952) for $3,950,000. Reach out today to schedule a tour.
- Houzeo last checked: 28 Minutes ago
- Listing updated: December 18, 2025 at 7:34 pm
- Listing Provided by: Molly Kirby (401) 477-4130 DRE #REB.0019291 | Kirby & Kirby (401) 324-0048
- Source: RI StateWide MLS-RI | MLS#: 1401961
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
3
County
City
Neighborhood
--
Year Built
1898
HOA Fees
-
Finished Area
- sqft
Lot Size
1,568 sqft lot
Basement Area
- sqft
MLS Name
RI StateWide MLS
MLS Number
1401961
MLS Status
Active
Days on Market
1
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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