$1,385,000

Estimated payment $8,395/month

Total Views 26,403
2 Beds
1.5 Baths
1,994 Sq Ft
$695 Price per Sq Ft

Highlights

  • Wood Flooring
  • Gas Fireplace
  • 3-minute walk to Queen Anne Square
  • Forced Air Heating System

About This Home

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!

Listing Agent

Earl Magat

Revolv Real Estate License #RES.0046126

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,147

Year Built

  • Built in 1900

Home Design

  • Slab Foundation
  • Clapboard

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • No Garage
  • Unassigned Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Water Heater

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 113115SPRINGSTNEWP

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,147

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.0663
  • Inclusions: Property is currently used as a mixed use property, but has potential to be converted into condos. Information is deemed reliable but not independently verified. Buyers and buyers' agent advised to perform due diligence.
  • Above Grade Finished Sq Ft: 1994.0
  • Building Name: 113Spring
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Common Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 1994.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 2887.0
  • Parcel #: 113115SPRINGSTNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8146.99
  • Tax Lot: 123
  • Tax Map Number: 24
  • Tax Year: 2021

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $580,300 $290,200 $290,100
2023 $0 $397,900 $258,400 $139,500
2022 $0 $397,900 $258,400 $139,500
2021 $0 $397,900 $258,400 $139,500
2020 $0 $361,800 $206,100 $155,700
2019 $0 $361,800 $206,100 $155,700
2018 $0 $361,800 $206,100 $155,700
2017 $0 $347,900 $131,000 $216,900
2016 -- $347,900 $131,000 $216,900
2015 -- $347,900 $131,000 $216,900
2014 -- $338,300 $131,000 $207,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 For Sale $1,385,000 0.0% $695 / Sq Ft
12/04/2024 12/04/24 For Sale $1,385,000 0.0% $695 / Sq Ft
12/04/2024 12/04/24 For Sale $1,385,000 -- $695 / Sq Ft
Source: State-Wide MLS

Deed History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 Unknown
Closed $181,864 Commercial
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1374180

State-Wide MLS

APN: NEWP-000024-000000-000123