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312 Broadway

Newport, RI 02840
  • $2,850,000
  • STATUS: Active
  • ON SITE: 499 Days
  • MLS #: 1321953
UPDATED: 35 min ago
$2,850,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,304
    SQFT
  • $452
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

Description

Centrally Located on Broadway. Currently a 100% occupied and has three commercial retail units & eight residential apartments. The building has (3) one bedrooms, (2) three bedrooms, (2) four bedrooms and (1) studio apartment. Rental rates are under market value. Income & Expense figures are based on monthly income & expenses. Updated commercial fire alarm & sprinkler system. All utilities are separate and paid by the Tenants except the city water & sewer. Twelve Off Street Parking Spaces. Recently replaced siding on east side of building. Ideal for a condo conversion.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively 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. Data last updated: 2024-02-23T23:37:37.033.
www.onshorerealtors.com/homes/133885265
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312 Broadway Newport, RI 02840

  • Price: $2,850,000
  • Status: Active
  • On Site: 499 Days
  • Updated: 35 min ago
  • MLS #: 1321953
0
Beds
0
Baths
0
½ Baths
0.24
Acres
6,304
SQFT
$452
$/SQFT
1966
Built
Neighborhood:
Broadway & Bliss
County:
Newport
Area:
Newport
Property Description
Centrally Located on Broadway. Currently a 100% occupied and has three commercial retail units & eight residential apartments. The building has (3) one bedrooms, (2) three bedrooms, (2) four bedrooms and (1) studio apartment. Rental rates are under market value. Income & Expense figures are based on monthly income & expenses. Updated commercial fire alarm & sprinkler system. All utilities are separate and paid by the Tenants except the city water & sewer. Twelve Off Street Parking Spaces. Recently replaced siding on east side of building. Ideal for a condo conversion.
Exterior Features

Foundation Details Concrete Perimeter Frontage Length 85 Levels Three Or More Parking Total 12

Interior Features

Basement Full Basement YN Yes Cooling None Cooling YN No Furnished Unfurnished Heating Baseboard Forced Air Gas Hot Water Heating YN Yes

Property Features

Business Type Mixed Retail Community Features Marina Near Hospital Near Schools Public Transportation Shopping Tennis Courts Street Lights Sidewalks Electric Item200 Amp Service Circuit Breakers Human Modified YN Yes Land Lease YN No Lease Considered YN Yes New Construction YN No Owner Pays Common Area Maintenance Electricity Insurance Sewer Taxes Trash Collection Water Possible Use Commercial Mixed Use Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Asphalt Paved Security Features Carbon Monoxide Detectors Fire Alarm Fire Escape Smoke Detectors Fire Sprinkler System Sewer Connected Public Sewer Storm Sewer Structure Type Multi Family Tax Annual Amount 17317 Tax Assessed Value 1201800 Tax Lot 152 Tax Year 2022 Tenant Pays Cable TV Electricity Gas Heat Hot Water Telephone Utilities Electricity Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected Water Source Connected Public Zoning LB

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Lila Delman Compass: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively 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. Data last updated: 2024-02-23T23:37:37.033.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891