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....
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.
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.
The 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 William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed. Data is updated as of 12/31/2025. Listed By: Molly Kirby of Kirby & Kirby.
The 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 William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed. Data is updated as of 12/31/2025. Listed By: Molly Kirby of Kirby & Kirby. 
