NOT LISTED FOR SALE

118 Spring St Newport, RI 02840

Historic Hill Neighborhood
10 Beds
5 Baths
4,385 Sq Ft
2,836 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $660,000 $151 Per Sq Ft

60 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Cooling Available
  • Wood Flooring
  • Walking Distance to Water
  • 3-minute walk to Queen Anne Square

About This Home

As of November 2017

Opportunity Awaits at 118-122 Spring St. on Historic Hill in Newport. This 4 Family Investment Property has Stellar Rental History and is Located in the Center of Downtown. Plenty of Character & History and is located in the center of Downtown. 2 Outdoor Areas. All Heating Systems have been replaced within 7 Years. Separate Utilities. Newly Painted. Fire Systems up to code. Air B&B Potential and Seasonal Rental Opportunity.

Last Agent to Sell the Property

Kyle Luderer

Keller Williams Coastal License #RES.0035265 Listed on: 08/18/2017

Last Buyer's Agent

Kyle Luderer

Keller Williams Coastal License #RES.0035265 Listed on: 08/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,707

Year Built

  • Built in 1850

Lot Details

  • 2,836 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 4,385 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 118122SpringSTNEWP

Community Details

Overview

  • 4 Units
  • Historic Hill Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Shops
  • Operating Expense $35,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,707

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Subdivision Name: Historic Hill
  • Above Grade Finished Sq Ft: 4385.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1850
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2836.0
  • Parcel #: 118122SpringSTNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 35750.0

Tax Info

  • Tax Annual Amount: 6707.0
  • Tax Lot: 143
  • Tax Year: 2016

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $660,000 +10.2% $151 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $599,000 -- $137 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kyle Luderer

    Keller Williams Coastal

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1171105

State-Wide MLS
Rhode Island Newport County Newport 02840 Historic Hill

118 Spring St, Newport, RI

This home is located at 118 Spring St, Newport, RI 02840 since 18 August 2017. This property was built in 1850. 118 Spring St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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