113 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 • Brokerage DRE #REB.0016246 • Revolv Real Estate
    P: (401)-390-1860 eejay@revolvre.com

Amenities

  • Crawl Space
  • Gas Heat
  • Hardwood Floors
  • Hot Water Heating
LISTING UPDATED: 12/16/2024 01:00 AM

Property Details for 113 Spring Street

StatusActive
MLS #1374125
Days on Market12
Taxes$8,147 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.07 AC / 2,887 SF
CountyNewport County

Building Information for 113 Spring Street

Stories-Residences2Year Built1900Building Size-Lot Size0.07 AC / 2,887 SF

Property Information for 113 Spring Street

Summary
Location and General Information
  • City: Newport
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: GB
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 0
Taxes and HOA Information
  • Tax Annual Amount: $8,146.99
  • Tax Assessed Value: 580300
  • Tax Lot: 123
  • Tax Map Number: 24
  • Tax Year: 2021
Property
Lot Information
  • Above Grade Fin SQFT: 1994.0
  • Building Area Total: 1994.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0663
  • Lot Size Area: 2887.0
  • Lot Size Square Feet: 2887.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 113115SPRINGSTNEWP
  • Stories Total: 0
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
Utilities
  • Electric: Amps200Or More
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Common Water Heater
  • Basement: Crawl Space
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Hardwood
  • Heating: Forced Air, Gas
  • Heating Y N: Yes
  • Rooms Total: 7
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Owner
  • Unit Type Area: 997.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Occupant Type: Owner
  • Unit Type Area: 997.0
  • Baths Total: 1
  • Beds Total: 0
  • Num of Full Baths: 0
  • Num of Half Baths: 1
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 113 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 113 Spring Street

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

Rogers High School
Public9 to 12

Pell Elementary School
PublicPK to 4

Newport Area Career Tech Center
Public9 to 12

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 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 Pell Elementary School. 113 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.

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.