Large 3-family in downtown Newport. This buildings combination of size, location, parking, and rentability make it a great asset for anyone's Real Estate portfolio. This building encompases three large apartments for a total of 10 beds, 6 baths, and 6 parking spots. The 1st floor is a 3 bed 2 bath and it's kitchen is renovated. The 2nd floor is a 3 bed 2 bath and it has a renovated bathroom. The 3rd floor is a 4 bed 2 bath and it has a new granite counter top, as well as charming sky lights and exposed beams. All three apartments come with 2 parking spots, hardwood floors, and the furniture in the units. All apartments have been fully rented for the past decade and are currently rented through May 2026, making this property is perfectly positioned for investors looking to capitalize on Newports dynamic market.
Pending
$1,875,000
501 Spring St, Newport, RI 02840
10beds
4,026sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$1,755,000 Zestimate®
$466/sqft
$-- HOA
What's special
Furniture in the unitsNew granite counter topParking spotsExposed beamsHardwood floorsRenovated bathroomCharming sky lights
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