130 Spring, Newport, RI, 02840

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.

Residential Income
$2,200,000
Location
City/TownNewport
CountyNewport
Interior
Living Area6,330 sq. ft.
Rooms20
HeatingElectric, Natural Gas, Central Air, Central, Forced Air, Gas Connected, Other, Space Heater, Zoned
CoolingCentral Air, None, Wall Unit(s)
Interior FeaturesWall (Dry Wall), Wall (Plaster), Stairs, Insulation (Unknown)
Additional Information
Tax Assessment$1,098,400
ZoningGB
Exterior
Acreage0.17
Listed By: Teri Degnan Re & Consulting

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