382 Spring Street
382 Spring Street Newport, Rhode Island 02840 United States

$1,750,000
 Get directions
 
Advertiser Logo
Listing Courtesy of J.E. Group Properties
$1,750,000
Change Currency
8
Bedrooms
3
Full Baths
1
Partial Bath
.13 Acres
Exterior
Multi-Family Homes
Property type
1870
Year Built
1300327
Web Id
1300327
MLS ID
Yachting Village
Subdivision
Newport
School District
5
days ago

About 382 Spring Street

Located in the heart of Newport, this property can continue to be the great investment property it has been for generations, or it could become a new family compound. Its present use is 3 residential rental units plus 1 commercial space which houses an active caf and sandwich shop. At the rear of the property is a separate structure with 5 garage bays. There is plenty of parking on the premises as well as adequate off-street parking out front. Two of the residential units are currently rented - the owners have held off renting the third leaving it for the new owner to decide. Hardwood floors are throughout the building keeping up with the charm of the 1870 built home. Future plans could include an expansion over the garage bays or conversion back to a single-family home. The possibilities for the property are truly endless all while continuing to have great income generating investment potential.

features

Area Description
Water View

PROPERTY INFORMATION

Garage Info
5
Heating
Forced Water
Sewer
Connected
Water
Connected

EXTERIOR

Exterior Features
Clapboard
Lot Description
Paved Driveway, Sidewalks

INTERIOR

Interior Features
Stairs
Listing Courtesy of J.E. Group Properties
Listing Courtesy of J.E. Group Properties
Advertiser Logo
Listing Courtesy of J.E. Group Properties
Contact Agent