USARINewport5Th Ward501 Spring St
501 Spring St, Home with 10 bedrooms, 6 bathrooms and 6 parking in Newport RI | Image 1
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$1,875,000

501 Spring St, Newport, RI

Real Estate

For Sale

$--,---,---
1066
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $11,447
Days Active 3
Lot Size 
Approx. Age 1900
MLS® Number 1391997

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 renovated kitchen, 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.Show Description
MLS® Number1391997
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.0898
Exterior
GarageNo
Approx. Age1900
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces
HeatForced Air, Gas, Oil
A/CNone
Heating Fuel

Extras

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