69 Spring Street, Newport, RI 02840
Local realty services provided by:CENTURY 21 Guardian Real Estate Services
69 Spring Street,Newport, RI 02840
$2,125,000
- 6 Beds
- 4 Baths
- 2,625 sq. ft.
- Multi-family
- Active
Listed by: molly kirby
Office: kirby & kirby
MLS#:1401952
Source:RI_STATEWIDE
Price summary
- Price:$2,125,000
- Price per sq. ft.:$809.52
About this home
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.
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Home facts
- Year built:1750
- Listing ID #:1401952
- Added:37 day(s) ago
- Updated:January 25, 2026 at 03:02 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,625 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Hot Water, Oil
Structure and exterior
- Year built:1750
- Building area:2,625 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Connected, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,125,000
- Price per sq. ft.:$809.52
- Tax amount:$9,678 (2025)
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