113-115 Spring Street

Newport, RI 02840

$1,385,000
Price
2
Beds
1
Bath
1
1/2 Bath
1,994 Sq. Ft.
$695 / Sq. Ft.
1,994
Sq. Ft.
$695
per Sq. Ft.

Description

Prime mixed-use property in the heart of Newport, RI, offering exceptional residential and commercial potential on lively Spring Street. Just steps from Thames Street’s world-class restaurants, boutiques, and historic attractions, this property features a cozy 2-bedroom, 1-bath top-floor apartment with functional living spaces that provide a warm and welcoming retreat, plus a versatile first-floor commercial space, currently a locksmith shop with a half bath. A rare private backyard offers a serene...Prime mixed-use property in the heart of Newport, RI, offering exceptional residential and commercial potential on lively Spring Street. Just steps from Thames Street’s world-class restaurants, boutiques, and historic attractions, this property features a cozy 2-bedroom, 1-bath top-floor apartment with functional living spaces that provide a warm and welcoming retreat, plus a versatile first-floor commercial space, currently a locksmith shop with a half bath. A rare private backyard offers a serene escape, perfect for relaxing or entertaining. Bring your ideas—this property is full of possibilities and could be tailored to suit your vision. With a little updating, this gem can truly shine. Don’t miss this unique opportunity to own a property that combines comfort, commercial flexibility, and an unbeatable location. Schedule a showing today!
  1. Listed by Earl Magat • revolv Real Estate
  2. Listed by Antarah Leet • revolv Real Estate

Property Details for 113-115 Spring Street

Town
Newport
Area
RI-Newport
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 12/08/2024 03:09 AM

Property Details for 113-115 Spring Street

StatusActive
MLS #73317315
Days on Market14
Taxes$8,147 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountyNewport County

Building Information for 113-115 Spring Street

Stories3Residences2Year Built1900Building Size-Lot Size0.07 AC / 2,887 SF

Property Information for 113-115 Spring Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 1994.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Hardwood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Other
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Other
  • Parking Features: Other
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Property is currently used as a mixed use property,but has potential to be converted into condo,sfm,duplex or fully commercial. Information is deemed reliable but not independently verified. Buyers and buyers' agent advised to perform due diligence.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 24123,362354
  • Assessments: $580,300
  • Book: 352
  • Tax Year: 2021
  • Zoning: GB
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Units: 2
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 113-115 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 113-115 Spring Street

Taxable ValueLand$258,400Additions$139,500Total$397,900
Home Facts
Total Finished SqFt1,994 SqFtAbove Grade Finished SqFt1,994 SqFtStories2Lot Size2,217 SqFtStyleOffice BuildingYear Built1900Year Renovated1978ZoningGBCountyNEWPORTAPNNEWP M:024 B:0123

Schools near 113-115 Spring Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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113-115 Spring Street is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on December 4, 2024 by revolv Real Estate, it's currently listed at $1,385,000. This listing's school district is Newport School District. Nearby schools include Frank E. Thompson Middle School, Rogers High School and Newport Area Career Tech Center. 113-115 Spring Street is a 2-bed, 1.5-bath, 1,994 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of revolv Real Estate

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.