130 Spring St Newport, RI 02840
Property details
About 130 Spring St
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.
Highlights
Summary
- Full Bathrooms: 5
- Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
- Basement: No
- Flooring Type: Hardwood
- Interior: Bathtub, Stall Shower, Tub Shower, Furnished
- Fireplace: None
- Total Bedroom Count: 9
- Parking: No Garage
- Heating: Central, Electric, Forced Air, Natural Gas, Other, Space Heater(s), Zoned
- Cooling: None, Wall Unit(s), Central Air
- List Price: $2,200,000
- Lot: Corner Lot
- Year Built: 1849
- Lot Size: 0.17 Acres
- MLS Number: 1366507
- MLS Name: RIS
- Office Name: Teri Degnan RE & Consulting
- Office Phone: (401) 619-8222
- Office Email: teri@teridegnan.com
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Last updated on: 5/19/2025, 9:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,200,000
130 Spring St
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Price information
Property sales
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Nearby schools
4
Claiborne Pell Elementary School
Public District PK-4
1.5 mi
•35 Dexter St
5
Joseph Gaudet Academy
Public District 4-4
2.8 mi
•1113 Aquidneck Ave
7
Melrose Avenue School
Public District PK-4
3.6 mi
•76 Melrose Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,111. The majority of Newport, RI residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
Frequently asked questions
Living in Newport, RI
Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.
The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.
Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.
Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.
About 130 Spring St
This home is located at 130 Spring St in Newport, RI and zip code 02840. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $2,200,000.
Newport, RI housing market in April 2025 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 12 sold below. The inventory of homes for sale in Newport, RI between March and April 2025 increased by 40.6%. While the average time on the market in April 2025 was 45 days, the median list price was $925,000.