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312 - 318 Broadway Newport

$2,850,000
0 6,304 sq ft

The Property

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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Listing Details

MLS Number

1321953

Lot Size:

0.24 acres

Features

  • Basement: Full
  • Sprinklers
  • Heating: Baseboard, Forced Air, Forced Water, Gas Connected
  • Laundry
  • Type: Mixed Use,Multi Family,Residential,Retail
  • Year Built: 1966

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