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92 Spring Street Newport

$795,000
5 3 2,595 sq ft

The Property

This three unit building is located in the heart of downtown Newport right on Spring St and is zoned General Business Walk to the harbor, shops and restaurants from this Historic Hill location. This property is zoned for short term weekly rentals subject to buyer registering with the City. Strong rental and income history. 2-2 bedroom units and 1-1 bedroom unit.

Features included bright rooms, high ceilings, hardwood floors, and a charming back patio. This is a great opportunity for someone looking for an investment property.

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Listing Details

MLS Number

1246781

Lot Size:

0.03 acres

Features

  • Basement: Crawl Space
  • Clapboard
  • Deck
  • Heating: Forced Water
  • Heating Fuel: Electric,Gas
  • Type: Apartment
  • Year Built: 1850

Market Trends for Multi Family Homes
in Newport

  • Overview
    Homes for Sale Today21-81.1% decrease in inventory
    New on Market *740% increase in new listings
    Avg. Asking Price/Sq.Ft. *$307.21$121 increase in List Price/Sq.Ft.
    Avg. Sale Price *$638,500$64,500 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.25%1.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$186.66$22 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *887 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by RE/MAX Profnl. Newport, Inc.

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