RI > Newport
Newport, RI 02840,69 Spring ST
Newport, RI 02840,69 Spring ST
Newport, RI 02840,69 Spring ST
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$2,125,000
Est. payment /mo
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6 Beds
4 Baths
2,625 SqFt
Active

69 Spring ST Newport, RI 02840

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2026
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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,625 sqft

Price per Sqft $809

MLS Listing ID 1401952

Bedrooms 6

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 2,625

Year Built 1750

Annual Tax Amount $9,678

Tax Year 2025

Lot Size 3,179 Sqft

Acres 0.073

Property Sub-Type Multi Family

Property Description

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.

Location

State RI

County Newport

Zoning GB

Rooms

Basement Full, Unfinished, Walk-Out Access

Interior

Interior Features Stall Shower, Tub Shower

Heating Hot Water, Oil

Cooling Window Unit(s)

Flooring Ceramic Tile, Hardwood, Laminate

Fireplaces Type Masonry

Fireplace No

Laundry In Unit

Exterior

Community Features Sidewalks

Utilities Available Sewer Connected

Waterfront Description Walk to Water

Total Parking Spaces 4

Garage No

Building

Foundation Stone

Sewer Connected, Public Sewer

Water Public

Structure Type Plaster

New Construction No

Others

Senior Community No

Tax ID 69SPRINGSTNEWP

© 2025 State-Wide Multiple Listing Service. All rights reserved.
Listed by Kirby & Kirby

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

YOUR LOCAL REAL ESTATE EXPERTS

Tricia Coury

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

tricia@triciacoury.com

Eric Coury

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Eric Coury

Realtor - Team Manager

+1(508) 838-6956

eric@thecouryteam.com

Scott Garcia

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Scott Garcia

Home Buyer Specialist

+1(508) 821-8160

scott@thecouryteam.com

Nathaly Castillo

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Nathaly Castillo

Transaction Coordinator

+1(727) 203-5117

office@thecouryteam.com

http://www.thecouryteam.com/

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.