$1,775,000
$50K PRICE DROP

Estimated payment $10,392/month

Total Views 13,930
4 Beds
3.5 Baths
2,580 Sq Ft
$688 Price per Sq Ft

Highlights

  • Marina
  • Wood Flooring
  • Community Pool
  • 0.12 Acre Lot
  • Corner Lot
  • Tennis Courts

About This Home

Beautifully maintained mixed-use property in a prime Spring Street location. The street level features two office spaces, with two residential units above. Accessed via a private rear courtyard, the second-floor residence offers two bedrooms and two baths, granite countertops, stainless steel appliances, and in-unit laundry. One bedroom is configured as a private efficiency suite with its own kitchenette, full bath, and separate entrance ideal for guests or added flexibility. The third-floor unit includes two bedrooms, one bath, and an open-concept living/kitchen area. Additional highlights include parking for four vehicles, a charming rear courtyard, and separate utilities throughout, making this an excellent investment opportunity.

Listing Agent

Mike Sweeney

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0040637 Listed on: 12/29/2025

Gustave White Sotheby's Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,008

Year Built

  • Built in 1870

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Home Design

  • Combination Foundation
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,580 Sq Ft Home
  • 3-Story Property
  • Skylights

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 2PERRYSTNEWP

Community Details

Overview

  • 4 Units
  • Spring Street Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Additional Features

  • Shops
  • Operating Expense $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,008

Year Built

Built in 1870

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Inclusions: Street level office space leased until 09/30/27. Second floor one-bedroom unit, month to month. Efficiency unit leased until 2/28/26. Third floor unit leased until 7/31/26.
  • Subdivision Name: Spring Street
  • Above Grade Finished Sq Ft: 2580.0
  • Architectural Style: Stacked
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1870
  • Attribution Contact: 401-849-3000
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Interior Steps, Skylights, Stall Shower, Tub Shower
  • Stories: 3
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Pool, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 2PERRYSTNEWP
  • Zoning: R10

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 15000.0

Tax Info

  • Tax Annual Amount: 11008.0
  • Tax Lot: 202
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,342 $1,022,500 $432,500 $590,000
2024 -- $1,022,500 $432,500 $590,000
2023 $0 $724,000 $282,700 $441,300
2022 $0 $724,000 $282,700 $441,300
2021 $0 $724,000 $282,700 $441,300
2020 $0 $579,300 $283,200 $296,100
2019 $0 $579,300 $283,200 $296,100
2018 $0 $579,300 $283,200 $296,100
2017 $0 $526,600 $162,100 $364,500
2016 -- $526,600 $162,100 $364,500
2015 -- $526,600 $162,100 $364,500
2014 -- $464,900 $137,800 $327,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Price Changed $1,775,000 -2.7% $688 / Sq Ft
12/29/2025 12/29/25 For Sale $1,825,000 -- $707 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed $585,000 --
Deed $585,000 --
Deed $550,000 --
Deed $550,000 --
Warranty Deed $100,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,000 Commercial
Closed $468,000 Commercial
Previous Owner $416,200 Commercial
Source: Public Records

Source: State-Wide MLS

MLS Number: 1401964

State-Wide MLS

APN: NEWP-000032-000000-000202

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