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Sold on 07/09/2025
  • Other
  • Bedroom
  • Dining
  • Kitchen
  • Floorplan
  • Exterior

1 Spring St, Hope Valley, RI 02832

$404,600

Last sold 07/09/2025 for $250K

  • 2

    bed

  • 1

    bath

Multi-family not for sale
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About 1 Spring St

Property type Multi-family
Year built 1940
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
Property description
This residential/commercial property serves as a great investment situated conveniently between Connecticut and Rhode Island. Prior functioning restaurant space can serve for a variety of businesses while a separated residential side provides passive income. Located on busy intersection with high visibility. Property includes parking for both business and residential sides.
Listed by
Listing Agent - Ryan Pickering
Listing Office - JPAR-Premier Destination Rlty
Source: State-Wide MLS mls logo
MLS#1385685 • last updated 1 year ago
Movoto checked State-Wide MLS for data 5 minutes ago
Overview
Cooling/AC Central Air
Levels/Style Apartment
MLS # 1385685
SubType Multi Family
Status Active
Lot Size (SqFt) 6098
Lot Size (Acres) 0.14
Property Tax 4351
Tax Assessed Value 288900
Year Built 1940
Interior
Total # of Bathrooms 1
# of Full Baths 1
Totall # of Bedrooms 2
Basement Crawl Space
Total # of Rooms 10
Flooring Laminate
Exterior
Foundation See Remarks
Construction Vinyl Siding
Parking No Garage
# of Parking Spaces 20
Amenities / Utilities
Sewer/ Septic Septic Tank
Electricity 100 Amp Service
Water Connected
Location
County Washington
APN 1SPRINGSTHOPK
Multifamily Details
Tenant Pays Hot Water
Total # of Units 2
Expense: Operating 4351
$404K
Range: $359K-$449K
Last 30 days 
  • May 2025
    mls logo MLS # 1385685
  • May 21, 2025 Listed
    $299,000
  • Year Property taxes Tax assessment
  • 2024
    $4,351 +2.7%
    $288,900
  • 2023
    $4,235 -4.6%
    $288,900 +20.58%
  • 2022
    $4,440
    $239,600
  • 2021
    $4,440 +1.4%
    $239,600
  • 2020
    $4,380
    $239,600
  • 1 Spring St
    $250K
  • —
  • 02832
    $499K -14% y/y
  • Hope Valley
    $662K +26% y/y
No chart available
Statistics calculated by Movoto

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7/10
Chariho Regional Middle School
public Grades 5-8
Chariho School District
8/10
Chariho High School
public Grades 9-12
Chariho School District
Source: GreatSchools.org © 2026. All rights reserved.

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