113-115 Spring St - Apartments FOR SALE


Newport, RI 02840
$1,385,000 USD
508-644-8995
113-115 Spring St, Newport, RI for Sale
$1,385,000 USD
Apartments - FOR SALE
1/46
null | Request Cap Rate

113-115 Spring St
Newport, RI 02840


HIGHLIGHTS

  • Heart of Newport
  • Heavy foot traffic
  • High versatility for varies commercial/residential utilization

OVERVIEW

Prime mixed-use property in the heart of Newport, RI, offering exceptional residential and commercial potential on lively Spring Street. Just steps from Thames Streets world-class restaurants, boutiques, and historic attractions, this property features a cozy 2-bedroom, 1-bath top-floor apartment with functional living spaces that provide a warm and welcoming retreat, plus a versatile first-floor commercial space, currently a locksmith shop with a half bath. A rare private backyard offers a serene escape, perfect for relaxing or entertaining. Bring your ideas. The property is full of possibilities and could be tailored to suit your vision. With a little updating, this gem can truly shine. Dont miss this unique opportunity to own a property that combines comfort, commercial flexibility, and an unbeatable location. Schedule a showing today

FOR SALE DETAILS

PRICE

$1,385,000 USD

PRICE/SF

$695 USD /SF

# OF UNITS

2

PRICE/UNIT

$692,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

113-115 Spring St, Newport, RI 02840

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,887 SF

ZONING

GB

APN/PARCEL ID

NEWP-000024-000000-000123

ASK ABOUT THIS PROPERTY

Denis DaSilvarevolvMore Info
508-644-8995

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Denis DaSilvarevolvMore Info
508-644-8995

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.