113 Spring Street, Newport, Residential Income

$ 1,385,000
113 Spring Street,
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Overview

  • Updated On:
  • December 4, 2024
  • 2 Bedrooms
  • 2 Bathrooms

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 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!

Address: 113 Spring Street
City:
State/County:
Zip: 02840
Country: US
Open In Google Maps
Property Id : 545930
Price: $ 1,385,000
Property Lot Size: 0 ft2
Rooms: 7
Bedrooms: 2
Bathrooms: 2
Basement: Crawl Space
Bathrooms Half: 1
Bathrooms Total Decimal: 1.5
Bridge Modification Timestamp: 2024-12-05T00:03:41.940Z
Building Area Total: 1994
Construction Materials: Dry Wall,Clapboard
Contract Status Change Date: 2024-12-04
Cooling: None
Covered Spaces: 0
Electric: 200 Amps
Fireplaces Total: 1
Flooring: Hardwood
Garage Spaces: 0
Heating: Natural Gas,Forced Air,Gas Connected
Inclusions: Property is currently used as a mixed use property, but has potential to be converted into duplex. Information is deemed reliable but not independently verified. Buyers and buyers' agent advised to perform due diligence.
List Agent Direct Phone: 401-390-1860
List Agent Email: eejay@revolvre.com
List Agent Full Name: Earl Magat
Listing Contract Date: 2024-12-04
Listing Id: 1374125
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size Area: 2887
Lot Size Square Feet: 2887
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-12-05T00:01:47.110Z
Number Of Buildings: 1
Number of Units Total: 2
Original Entry Timestamp: 2024-12-04T16:32:08.520Z
Original List Price: 1385000
Owner Pays: Heat
Parking Features: No Garage
Parking Total: 0
Sewer: Public Sewer
State or Province: RI
Status Change Timestamp: 2024-12-04T16:32:08.520Z
Street Additional Info: 115
Street Name: Spring
Street Number: 113
Street Suffix: Street
Structure Type: Up/Down
Tax Annual Amount: 8146.99
Tax Year: 2021
Water Source: Municipal
Year Built: 1900
Zoning: GB
Other Features
Has Heating System
Property Attached
Walls: Dry Wall
$ 5,369.92
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,369.92

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Alyse Antone Smyth, Esq.