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130-132 Spring St 6 Unit Apartment Building $3,004,386 CAD ($500,731 CAD/Unit) Newport, RI 02840
Executive Summary
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 Facts
| Price | $3,004,386 CAD | Building Class | B |
| Price Per Unit | $500,731 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 5,907 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1849 |
| Apartment Style | Low-Rise | Parking Ratio | 0.85/1,000 SF |
| Zoning | GB - Mixed Use, Historical | ||
| Price | $3,004,386 CAD |
| Price Per Unit | $500,731 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 5,907 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1849 |
| Parking Ratio | 0.85/1,000 SF |
| Zoning | GB - Mixed Use, Historical |
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Walk Score®
Walker's Paradise (97)
Property Taxes
| Parcel Number | NEWP-000024-000000-000152 | Improvements Assessment | $1,042,764 CAD |
| Land Assessment | $453,476 CAD | Total Assessment | $1,496,241 CAD |
Property Taxes
Parcel Number
NEWP-000024-000000-000152
Land Assessment
$453,476 CAD
Improvements Assessment
$1,042,764 CAD
Total Assessment
$1,496,241 CAD
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130-132 Spring St
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