123 Spring Street

Newport, RI
$ 2,300,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

Located in the heart of Newport, Rhode Island on historic Spring Street, this home is currently set up as a B&B. You'll love the amazing view of downtown from the third floor. Renovated from top to bottom this chic home features 10 en-suite guest rooms and one 2-bedroom suite. A rare opportunity to buy a turnkey property in downtown Newport.

Commercial

  • Price
  • $ 2,300,000
  • Lot Size
  • 4,356 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1880
  • Half Bathrooms
  • 0
  • City, Zip
  • Newport
  • Taxes
  • 19545
  • County
  • NEWPORT
  • Style
  • Commercial
  • Area
  • Newport
  • MLS#
  • 1254989
  • Zip
  • 02840
Listing Provided by: RE/MAX Profnl. Newport, Inc.

Features

General

Business Type Bed & Breakfast
Construction Materials Frame
Cooling Ductless, Central Air
Electric 200+ Amp Service, Circuit Breakers
Heating Central, Heat Pump
Property SubType Commercial
Property Type Commercial Sale
Sewer Public Sewer
Stories 3
Total Units 1
Water Sewer Expense 4600
Zoning GB

Interior Features

Air Conditioning Y/N Yes
Basement Partial
Heating Y/N Yes

Exterior Features

Foundation Details Stone
Lot Size Acres 0.1
Lot Size Area 4356
Lot Size Square Feet 4356
Number of Buildings 1
Road Frontage Type City Street
Total Parking 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Westerly, RI office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/29/2020 Listed $2,300,000

Property vs Zip Code Average in 02840

Price
AVG $1.06M
$2.3M
Taxes
AVG $10,924
$19,545
Visits
AVG 6
4
Year Built
AVG 1876
1880
Walkscore
AVG 81
83
Data Provided by Walkscore ® not using MLS data

Map

123 Spring Street Newport, RI is a Single Family Home for sale at $2300000 and a lot size of 4,356 SqFt Acre(s). 123 Spring Street Newport has 0 bedrooms, 0 baths and was built in 1880. The property's zip code is 02840 which is in Newport, RI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.