8 - 10 Broadway, Unit#3 Newport

$875,000
4 4 2,116 sq ft

The Property

GENERAL BUSINESS ZONE!! Penthouse level 4 bedroom, 4 bath unit. 2,116 sq. ft, completely renovated condo located in the General Business zone on lower Broadway. This property would be perfect for an Airbnb / short term rental.

Conservative projected yearly income is $175,525. Sellers gutted the entire building from the studs out. Everything has been done from structural improvements, siding, windows, roof, kitchen, baths, flooring and walls. Bright and sunny third floor unit with windows and doors that open up to Broadway. Watch the Saint Patrick’s Day and Police Parades from your balcony! Open floor plan concept with 4 nice sized bedrooms with en suite baths and new stackable laundry machines in the unit. Beautiful quality flooring and tile work throughout. Custom cabinetry, upgraded Frigidaire appliances and beautiful Quartz counter-tops. Central location!! Steps to downtown Thames Street and the harbor. Enjoy the shops, restaurants, and nightlife on Thames or Broadway. Easy on and off the Newport Bridge and to the Newport Naval Base. Must see! *Taxes TBA.

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Listing Details

MLS Number

1218676

Features

  • Balcony
  • Shingles
  • Wood
  • Heating: Baseboard, Forced Air, Forced Water, Gas Connected
  • Heating Fuel: Gas
  • Laundry
  • Sidewalks
  • Type: One Level
  • Year Built: 1893

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Market Trends for Condos
in Newport

  • Overview
    Homes for Sale Today61-72.8% decrease in inventory
    New on Market *1455.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$434.97$99 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$470,917$67,306 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.31%0.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$441.32$111 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *12024 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Gustave White Sotheby's Realty

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