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Off market
  • $1,579,100

    2 Pond Ave, Newport, RI 02840

    4beds
    1,100sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,579,100 Zestimate®
    $1,436/sqft
    $3,694 Estimated rent

    Home value

    $1,579,100

    $1.44M - $1.75M

    $3,694/mo

    Zestimate® history
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    $3,694/mo

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    Rent Zestimate®

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    $7,663/mo

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    $7,663/mo

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    What's special

    Landmark building in bustling downtown Broadway neighborhood, on the market for the first time in twenty years. Adjacent to Equality Park, this mixed use building contains Nitro Brew Bar as the first floor tenant - one of the busiest coffee shops in town and two loft style apartments. This is as turnkey as an investment property that you'll find in town. Long history of strong rentals in the two apartments above, zoned General Business offering additional opportunity. Meticulously maintained from the basement to the rooftop with updated siding, mini-splits installed for each unit, newer rubber roof and windows. This is a rare opportunity to own such an iconic piece of real estate in Newport's booming Broadway District.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Heat pump, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: In Units
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,100 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Shingle (Not Wood), Brick
    Lot
    • Size: 2,339 sqft
    Details
    • Parcel number: NEWPM014B0208

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Built-up
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amps, 200 Amps
    • Sewer: Connected, Public Connected

    Community & neighborhood

    Location
    • Region: Newport

    Other

    Other facts
    • Electric: 100 Amps, 200 Amps
    • FinishedFloor: Hardwood, Ceramic
    • BasementFinish: Unfinished
    • HeatingFuel: Gas
    • Equipment: Oven/Range, Refrigerator, Washer, Cable TV, Dishwasher, Microwave, Ceiling Fan, Hood, Garbage Disposal
    • HeatPaidBy: Tenant, Mixed
    • BasementType: Full
    • HotWater: Gas
    • Exterior: Brick, Shingles, Masonry
    • Near: Bus, Commuter Bus, Highway Access, Hospital, Public School, Shopping, Interstate
    • FoundationType: Concrete
    • BasementAccess: Interior Only
    • Type: Other, Apartment
    • BasementRoomsType: Utility
    • Laundry: In Units
    • Interior: Stairs, Attic Storage
    • Wall: Dry Wall
    • LotDescription: Paved Driveway, Sidewalks, Corner
    • Plumbing: Mixed
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected, Public Connected
    • SubsidizedHousing: 0
    • UnderConstruction: 0
    • WaterSupply: Connected, Public Connected
    • Cooling: Central Air, Heat Pump
    • HeatingSystem: Forced Water, Baseboard, Gas Connected
    • Insulation: Walls, Ceiling, Floors
    • Historic: Unknown
    • ApxHeatCost: Undetermined
    • TimeShareYN: 0

    Price history

    DateEventPrice
    11/6/2020Sold$1,155,000-0.3%$1,050/sqft
    Source: StateWide MLS RI #1261878 Report a problem
    8/19/2020Listed for sale$1,159,000+1159.8%$1,054/sqft
    Source: Hogan Associates #1261878 Report a problem
    1/26/2020Listing removed$1,300$1/sqft
    Source: William Raveis Real Estate Report a problem
    1/3/2020Price change$1,300-7.1%$1/sqft
    Source: William Raveis Real Estate Report a problem
    8/15/2019Listed for rent$1,400+7.7%$1/sqft
    Source: William Raveis Real Estate Report a problem
    9/8/2018Listing removed$1,300$1/sqft
    Source: Kavanaugh Grant Real Estate Report a problem
    8/14/2018Listed for rent$1,300+8.3%$1/sqft
    Source: Kavanaugh Grant Real Estate Report a problem
    8/1/2016Listing removed$1,200+9.1%$1/sqft
    Source: Kavanaugh Grant Real Estate/Newport Rents Report a problem
    9/1/2015Listing removed$1,100$1/sqft
    Source: Kavanaugh Grant Real Estate/Newport Rents Report a problem
    8/22/2015Listed for rent$1,100$1/sqft
    Source: Kavanaugh Grant Real Estate/Newport Rents Report a problem
    11/5/2013Listing removed$1,100$1/sqft
    Source: Hogan Associates Report a problem
    10/8/2013Listed for rent$1,100-8.3%$1/sqft
    Source: Hogan Associates Report a problem
    11/15/2011Listing removed$1,200$1/sqft
    Source: Hogan Associates Report a problem
    9/8/2011Listed for rent$1,200$1/sqft
    Source: Hogan Associates Report a problem
    3/8/2011Listing removed$1,200$1/sqft
    Source: Century 21 Access America Report a problem
    1/1/2011Listed for rent$1,200$1/sqft
    Source: Century 21 Access America Report a problem
    6/7/2000Sold$92,000$84/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,967 $831,000
    2024-- $831,000 +9.3%
    2023-- $760,600
    2022-- $760,600
    2021-- $760,600 +30.6%
    2020-- $582,600
    2019-- $582,600
    2018-- $582,600 +9.8%
    2017-- $530,500
    2016-- $530,500
    2015-- $530,500 -3%
    2010-- $546,900
    2009-- $546,900 +2.1%
    2008-- $535,700
    2007-- $535,700
    2006-- $535,700 +87%
    2002-- $286,400

    Find assessor info on the county website

    Neighborhood: Broadway

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,579,100
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    Estimated market value
    $1,579,100