312 Broadway is a $2,850,000, 6,304 square foot home on a 0.24 acre lot located in Newport, RI.
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.
| Above Grade Sqft | 6,304 |
| Basement | Full BasementYN |
| Interior Features | Concrete Perimeter Unfurnished Fire Alarm Fire Escape Smoke Detectors |
| Cooling Types | None |
| Heating Types | Baseboard Forced Air Gas Hot Water HeatingYN |
| # Parking Spaces | 12 |
| Exterior Features | Marina Near Hospital Public Transportation Shopping Sidewalks Street Lights Tennis Courts Near Schools Mixed Retail Aerial Item200 Amp Service Circuit Breakers Gross Owner Pays - Common Area Maintenance Owner Pays - Electricity Owner Pays - Insurance Owner Pays - Sewer Owner Pays - Taxes Owner Pays - Trash Collection Owner Pays - Water Ownership Type - Sole Proprietor Possession - Immediately Possession - Negotiable PossibleUse - Commercial PossibleUse - MixedUse RoadFrontageType - CityStreet Security Features - CarbonMonoxideDetectors Security Features - FireSprinklerSystem Tenant Pays - Cable TV Tenant Pays - Electricity Tenant Pays - Gas Tenant Pays - Heat Tenant Pays - Hot Water Tenant Pays - Telephone Electricity Available Municipal Utilities Natural Gas Connected Sewer Connected LeaseAssignable - Yes LeaseConsidered - Yes |
| Land Type | Public Right of Way Tree Farm |
| Water Source | Water Connected Connected Public |
| Sewer | Connected Public Sewer Storm Sewer |
| Attribution Contact | 401-848-2101 |
| Property Type | Commercial Sale |
| Property Sub Type | Commercial |
| Style | Three Or More Multi Family |
| Architectural Style | Agricultural |
| Year Built | 1966 |
| HOA Fee | $0.00 |
| Taxes | $17,317.00 |
| County | newport |
| Neighborhood | Broadway & Bliss |
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