130 Spring Street Newport, RI $ 2,200,000
130 Spring Street
$ 2,200,000
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130 Spring Street

Newport, RI, 02840
$ 2,200,000
Bedrooms9 Baths5.0 Sq 6,330

Monthly Estimate*

$ 13,546

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Multi-Family Home for sale in Newport, RI

for $2,200,000 with 9 bedrooms and 5 full baths. This 6,330 square foot home was built in 1849 on a lot size of 0.17.

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.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,492

Style

Lot Size

0.17

Year Built

1849

Town/City

Newport

County/Region

Newport

MLS | Web ID

1366507

Features
General
Sewer Connected
Heating Central Electric Forced Air Gas Other Space Heater Zoned
Cooling None Wall Unit(s) Central Air
Utilities Sewer Connected
Possession Negotiable
Zoning GB
Garage Spaces 0
Construction Materials Drywall Plaster Clapboard
Year Built 1849
Electric 100 Amp Service 150 Amp Service 200+ Amp Service
Property Subtype Multi Family
Tax Year 2024
County Newport
Operating Expense 29042
New Construction false
Property Type Residential Income
Subdivision Name Downtown
Garage Y/N false
Total Rooms 20
Full Baths 5
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 7405
Land Lease Y/N false
Tax Annual Amount 11492
Virtual Tour https://www.seetheproperty.com/story/472643/b
Structure Type Apartment
Standard Status Active
Tax Assessed Value 1098400
Tax Lot 152/163
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Interior
Interior Amenities Bathtub Interior Steps Stall Shower Tub Shower Furnished
Basement None Unfinished
Flooring Hardwood
Furnished Y/N Furnished
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area In Unit
Total Bedrooms 9
Total Baths 5
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Exterior
Parking Features No Garage
Lot Features Corner Lot
Water Source Connected
Total Parking 10
Lot Size Area 7405
Foundation Details Slab
Number of Buildings 1
Building Area Total 6330
Lot Size Acres 0.17
Covered Spaces 0
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* Excluded Features
List By
Teri Degnan Re & Consulting

Broker

teri@teridegnan.com

Email

Affordability Calculator

$14,503
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$958
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
6/6/2025$2,200,000 Listed Price

Map


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130 Spring Street, Newport, RI, 02840 is a Multi-Family Home for sale at $2,200,000 with 6,330 sqft and a lot size of 0.17. 130 Spring Street has 9 bedrooms, 5.0 baths, and was built in 1849. The property's zip code is 02840 which is in Newport, RI