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- LoopNet Team
372 Broadway
Newport, RI 02840
Office Property For Sale
PROPERTY FACTS
- Office/Residential
- Office Office Live Work Unit
Amenities
- Fireplace
- Hardwood Floors
About 372 Broadway , Newport, RI 02840
A Newport landmark ready for its next life! Available for the first time in over 70 years this mixed use property offers a prime live/work scenario or an excellent investment opportunity for 5 apartments! Ground level is currently a doctor's office. Second level houses a massage therapy group. Both could be converted into residential units to optimize rental income. Third and fourth levels are two residential spaces including a one bedroom one bath apartment in the rear and a large 5 bedroom 2 bath 2 story apartment on the 3rd and 4th floors. Newer gas heat system, separate electrical for each unit. The large parking area at the rear has a 3 car garage, gated trash area and off street parking for 4 to 8 cars. Please note owners currently occupy the 3rd and 4th floor unit, which could be rented for $2400 per month. An additional $28,800 per year.
PROPERTY TAXES
Parcel Number | NEWP-000007-000000-000035 | Improvements Assessment | $1,308,100 |
Land Assessment | $158,200 | Total Assessment | $1,466,300 |
PROPERTY TAXES
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Listing ID: 17491755
Date on Market: 10/18/2019
Last Updated:
Address: 372 Broadway, Newport, RI 02840
The Office Property at 372 Broadway, Newport, RI 02840 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.