Description
~ Prime Investment Opportunity in Newport ~ Located on Broadway, Newport's main thoroughfare, this 2-bed 2-bath condo offers nearly 900 sq. ft. of versatile living space with hardwood floors and two off-street parking spaces. Historically a strong-performing investment, it has rented to students in the winter and operated successfully as a short-term rental a rare opportunity for a condominium in Newport. Summer short-term rental rates for similar properties have ranged from $260 $570 per night from 2022 2025, with July consistently peaking near $540 $570, highlighting the potential for substantial seasonal income. This property provides an ideal entry point into the Airbnb market and a proven income-generating asset in one of the city's most desirable locations.
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2BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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865SQFT
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$785$/SQFT
School Ratings & Info
Description
~ Prime Investment Opportunity in Newport ~ Located on Broadway, Newport's main thoroughfare, this 2-bed 2-bath condo offers nearly 900 sq. ft. of versatile living space with hardwood floors and two off-street parking spaces. Historically a strong-performing investment, it has rented to students in the winter and operated successfully as a short-term rental a rare opportunity for a condominium in Newport. Summer short-term rental rates for similar properties have ranged from $260 $570 per night from 2022 2025, with July consistently peaking near $540 $570, highlighting the potential for substantial seasonal income. This property provides an ideal entry point into the Airbnb market and a proven income-generating asset in one of the city's most desirable locations.
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