312 - 318 Broadway, Newport, RI 02840

$2,850,000  |  Mixed Use, Multi Family, Residential, Retail  |  Commercial/Business  |  MLS # 1321953

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.


Location
City Newport
Historic None
Near Bus, Commuter Bus, Hospital, Marina, Private School, Public School, Schools, Shopping, Swimming, Tennis
Interior
Living Area 0 Sq.Ft.
Cooling None
Electric 200 Amps, Circuit Breaker, Individual Meter
Basement Type Full
FurnishedNo
Exterior
Foundation Type Concrete
Sewer Connected, Municipal
Acreage 0.2400
Additional Information
Assessment $1,201,800
Assessor Lot 152
Assessor Plat 14
Occupancy Close 1-45 Days, 46-90 Days, Immediate, Negotiable
Building Levels 3
Water Supply Connected, Municipal
Zoning LB

Listing Office: Lila Delman Compass
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. Information is deemed reliable but is not guaranteed. © 2016 State-Wide Multiple Listing Service. All rights reserved.

Information is deemed reliable but is not guaranteed

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. Information is deemed reliable but is not guaranteed. ©2024 State-Wide Multiple Listing Service. All rights reserved.