130 Spring St Unit 132 Newport, RI 02840
Historic Hill NeighborhoodEstimated payment $12,633/month
Highlights
- 0.17 Acre Lot
- Corner Lot
- Bathtub with Shower
- Wood Flooring
- Furnished
- 2-minute walk to Queen Anne Square
About This Home
130-132 Spring St is a classic historic Newport building in the heart of downtown with two 1st floor retail spaces combined and 4 residential apartments upstairs. The building is fully occupied and has 5 parking space. Use is versatile since it is located in a general business zone. Kitchens and baths have been updated, the building exterior was just painted in August 2024. Two of the units are turnkey with furnishings too. Strong rental history and also a solid candidate for a condo conversion. Steps away from all the bustling activity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,492
Year Built
- Built in 1849
Lot Details
- 7,405 Sq Ft Lot
- Corner Lot
Home Design
- Slab Foundation
- Clapboard
- Plaster
Interior Spaces
- 6,330 Sq Ft Home
- 3-Story Property
- Furnished
- Wood Flooring
- Unfinished Basement
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 10 Parking Spaces
- No Garage
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Zoned Heating and Cooling System
- Space Heater
- Heating System Uses Gas
- 200+ Amp Service
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 152/163
- Assessor Parcel Number 130132SPRINGSTNEWP
Community Details
Overview
- 4 Units
- Downtown Subdivision
Building Details
- Operating Expense $29,042
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $1,098,400 | $332,900 | $765,500 |
| 2023 | $0 | $945,700 | $296,400 | $649,300 |
| 2022 | $0 | $945,700 | $296,400 | $649,300 |
| 2021 | $0 | $945,700 | $296,400 | $649,300 |
| 2020 | $0 | $966,500 | $308,800 | $657,700 |
| 2019 | $0 | $966,500 | $308,800 | $657,700 |
| 2018 | $0 | $966,500 | $308,800 | $657,700 |
| 2017 | $0 | $651,500 | $146,700 | $504,800 |
| 2016 | -- | $651,500 | $146,700 | $504,800 |
| 2015 | -- | $651,500 | $146,700 | $504,800 |
| 2014 | -- | $640,600 | $146,700 | $493,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2024 09/11/24 | For Sale | $2,200,000 | -- | $348 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $980,000 | -- |
Source: State-Wide MLS
MLS Number: 1366507
APN: NEWP-000024-000000-000152
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