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69 Spring Street, Newport, RI 02840

Local realty services provided by:CENTURY 21 North East
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:1 day(s) ago
  • Updated:December 19, 2025 at 01:55 AM

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)
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than CENTURY 21 North East are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: December 19, 2025

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