Explore an exceptional investment opportunity in Newport, Rhode Island . This guesthouse offering stands out as a rare find in one of Newport’s most desirable locations. Boasting 12+ rooms—including 6 bedrooms and 8.5 baths—it comes with the valuable City of Newport Transient Guest Facility Certificate. Each guest room is thoughtfully appointed with a private full bath, ensuring a comfortable and high-quality experience for visitors. Recent upgrades make this a turnkey offering, including a full fire sprinkler and alarm system, new water and sewer lines, dedicated sprinkler lines, updated HVAC and mini-splits, a new roof and decks, fresh interior paint, many replaced windows, new flooring, and more. Ample out street parking for 7 cars. Ideally situated in a prime, walkable location, guests enjoy effortless access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street’s dining and shops, beaches, historic mansions, Newport welcomes over 3.5 million visitors each year and ranks among the East Coast’s top wedding destinations. Its proximity to NYC, Boston, and Providence Airport offers convenient year-round travel. Thanks to its active Newport license, the property is able to accommodate daily guests throughout the year. Detailed financials are available upon request, and showings can be arranged through the listing agent.