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512 Broadway, Newport, Residential Income

$ 950,000
512 Broadway,
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Overview

  • Updated On:
  • June 19, 2024
  • 3 Bedrooms
  • 2 Bathrooms

Description

Completely renovated two unit multifamily less than a mile from all that Newport has to offer. Right on Broadway with easy access to beaches, restaurants and nightlife without all the noise of the downtown area. Refinished original 1925 picture frame hardwood floors and Victorian accents throughout. Unit 1 offers 1-2 bedrooms (one is currently being used as an office), a beautiful updated bathroom, functioning original fireplace, and an additional 1033 sf of unfinished basement space that has framing for 2 potential additional rooms as well as rough plumbing for an additional bathroom. Unit 2 offers 2 spacious bedrooms, a brand new bathroom and kitchen, and an additional 882 sf of unfinished attic space for a potential master suite. Property also includes a detached 2 car garage with rough framing, plumbing and electric, a driveway for 5-6 cars, and a 3 floor commercial grade sprinkler and fire alarm system. Can easily be converted back to a single family. This luxury multifamily is a fantastic opportunity for a beautiful move-in ready property with endless potential.

Address: 512 Broadway
City:
State/County:
Zip: 02840
Country: US
Open In Google Maps
Property Id : 989480
Price: $ 950,000
Property Lot Size: 0 ft2
Rooms: 11
Bedrooms: 3
Bathrooms: 2
Basement: Full,Interior Only,Unfinished
Bathrooms Half: 0
Bathrooms Total Decimal: 2
Bridge Modification Timestamp: 2024-06-19T15:14:21.154Z
Building Area Total: 2114
Buyer Agent Email: chris@christinefarley.com
Buyer Agent Full Name: Chris Farley
Buyer Agent MlsId: 29443
Community Features: Bus,Commuter Bus,Highway Access,Hospital,Private School,Public School,Recreational Facilities,Schools,Shopping,Pool,Tennis
Construction Materials: Vinyl Siding
Contract Status Change Date: 2024-06-15
Cooling: None
Covered Spaces: 1
Electric: 200 Amps
Fireplace Features: Marble
Fireplaces Total: 1
Flooring: Ceramic Tile,Hardwood,Laminate
Garage Spaces: 1
Heating: Oil,Baseboard,Forced Water
List Agent Direct Phone: 401-280-0331
List Agent Email: carolyn.morabit@edgerealtyri.com
List Agent Full Name: Carolyn Morabit
Listing Contract Date: 2024-05-29
Listing Id: 1359770
Living Area Source: Other
Living Area Units: Square Feet
Lot Features: Paved Driveway,Sidewalks
Lot Size Area: 5060
Lot Size Square Feet: 5060
Lot Size Units: Square Feet
Mls Status: Act Und Contract
Modification Timestamp: 2024-06-19T15:12:45.923Z
Number Of Buildings: 2
Number of Units Total: 2
Original Entry Timestamp: 2024-05-30T01:46:59.177Z
Original List Price: 950000
Other Equipment: Ceiling Fan
Owner Pays: Heat
Parking Features: Detached
Parking Total: 6
Room Bathroom Features: Bath w Shower Stall,Bath w Tub & Shower
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-06-19T15:12:45.923Z
Stories: 3
Street Name: Broadway
Street Number: 512
Structure Type: Up/Down
Tax Annual Amount: 4057
Tax Year: 2023
Water Source: Connected
Year Built: 1925
Zoning: R10
Other Features
Attic,Attic Stairs,Attic Storage,Rough Bath
Dishwasher
Disposal
Exhaust Fan
Has Fireplace
Has Garage
Has Heating System
Microwave
Open Parking
Oven/Range
Plumbing: Mixed
Property Attached
Range Hood
Refrigerator
$ 3,683.34
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,683.34

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