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$2,125,000
32 Days On Site
69 Spring StreetNewport, RI 02840
For Sale|Multi Family|Active
6
Beds
4
Total Baths
4
Full Baths
2,625
SqFt
$810
/SqFt
1750
Built
County:
Newport
Call Now: 401-323-8292
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401-323-8292
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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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Listing Snapshot
Price
$2,125,000
Days On Site
32 Days
Bedrooms
6
Inside Area (SqFt)
2,625 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.073 Acres
Year Built
1750
MLS® Number
1401952
Status
Active
Property Tax
$9,678
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| a month ago | Listing first seen on site | |
| a month ago | Listing updated with changes from the MLS® |
General Features
Acres
0.073
Foundation
Stone
Land Lease
No
Number Of Stories
3
Parking
No Garage
Parking Spaces
4
Property Condition
Fixer
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
2625
SqFt Total
2625
Utilities
Sewer Connected
Water Source
Public
Zoning
GB
Interior Features
Basement
FullUnfinishedWalk-Out Access
Cooling
Window Unit(s)
Electric
Circuit Breakers
Fireplace Features
Masonry
Flooring
Ceramic TileHardwoodLaminate
Heating
Hot WaterOil
Laundry Features
Laundry RoomIn Unit
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Exterior Features
Construction Details
Plaster
Community Features
Community Features
Sidewalks
Listing courtesy of Molly Kirby of Kirby & Kirby (401) 477-4130
Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-01-20 11:29 AM UTC
Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-01-20 11:29 AM UTC
Neighborhood & Commute
Source: Walkscore
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