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312 Broadway

Newport, RI 02840
  • $2,850,000
  • STATUS: Active
  • ON SITE: 413 Days
  • MLS #: 1321953
UPDATED: 51 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

© 2023 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 Remax Preferred - The Mercurio Group 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 Remax Preferred - The Mercurio Group. 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: 2023-11-30T22:37:50.443.
www.mercuriogroup.com/homes/133885265
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312 Broadway Newport, RI 02840

  • Price: $2,850,000
  • Status: Active
  • On Site: 413 Days
  • Updated: 51 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 Concreteperimeter Frontage Length 85 Levels Threeormore Parking Total 12

Interior Features

Basement Full Basement YN Yes Cooling None Cooling YN No Furnished Unfurnished Heating BaseboardForcedairGasHotwater Heating YN Yes

Property Features

Business Type MixedRetail Community Features MarinaNearhospitalNearschoolsPublictransportationShoppingTenniscourtsStreetlightsSidewalks Electric Item200AmpServiceCircuitBreakers Human Modified YN Yes Land Lease YN No Lease Considered YN Yes New Construction YN No Owner Pays CommonareamaintenanceElectricityInsuranceSewerTaxesTrashcollectionWater Possible Use CommercialMixeduse Property Sub Type Commercial Road Frontage Type Citystreet Road Surface Type AsphaltPaved Security Features CarbonmonoxidedetectorsFirealarmFireescapeSmokedetectorsFiresprinklersystem Sewer ConnectedPublicsewerStormsewer Structure Type Multifamily Tax Annual Amount 17317 Tax Assessed Value 1201800 Tax Lot 152 Tax Year 2022 Tenant Pays CabletvElectricityGasHeatHotwaterTelephone Utilities ElectricityavailableNaturalgasconnectedMunicipalutilitiesWaterconnectedSewerconnected Water Source ConnectedPublic Zoning Lb

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Lila Delman Compass: .



[Rhode Island Statewide MLS] logo

© 2023 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 Remax Preferred - The Mercurio Group 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 Remax Preferred - The Mercurio Group. 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: 2023-11-30T22:37:50.443.
 
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