312 318 Broadway, Newport, RI, 02840

312 318 Broadway, Newport, RI, 02840

1966

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.


Status:

Active

Type:

Commercial

Furnished Remarks:

Unfurnished

Units:

2

Zoning:

LB

Frontage:

85

Complex:

Broadway & Bliss

Heating:

Baseboard, Forced Air, Gas, Hot Water

Cooling:

None

Basement:

Full

Parking:

12-car

Acreage:

0.24

Est. Taxes:

$17,317

Assessment

$1,201,800

Permitted Use

Commercial,Mixed Use

Utilities

Electricity Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected

Amenities:

Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Street Lights, Sidewalks

Days on Market:

323

MLS #:

1321953


Community Info

School Info

Walk Score

Mass Transit

Yelp


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