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Sold for $1,300,000
    • $1,300,000

    401 Broadway, Newport, RI 02840

    7beds
    2,908sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $1,472,400 Zestimate®
    $447/sqft
    $3,011 Estimated rent

    Home value

    $1,472,400

    $1.31M - $1.68M

    $3,011/mo

    Zestimate® history
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    What's special

    A multi-family gem sits on a corner lot at Broadway & Brooks Ave.at the more subdued residential end of UpperBroadway. Location still offers easy walk to vibrant restaurants,shops, & street fairs of LowerBroadway. Built in 1910,this home stands tall,showing off a down-to-the-studs renovation by current owner that preserved historical period details of woodwork, moldings, archways & bay windows. Gorgeous floors! Refinished original oak or fir, tiles in bathrms. Utilities,systems,windows all replaced in 2010 renovation.3-story structure has 2 units on floors 1&2. Small 255sqft. 3rd-fl living space is included with that of Unit 1 & used by Unit1 occupant for occasional guests. Owner has lived in house since 2010, maintaining it meticulously since then. Units 1&2 have similar lay-outs: primary ensuite bedrm/bathrm, 2nd bedrm & full bath. Both units have extra front room w/ option for office or 3rd bedrm. Unit 2 bath has radiant heat in tile floor, W/D hook-ups in closet. Attractive kitchen with high-end cabinets & dining area. In living room, graceful ceiling archway frames a trio of bay windows. Bay windows in bedrm&front room too. 3rd fl. living space: living rm, full bath, bedrm & bonus room for 2nd bedrm/office. Basement: laundry, 3 storage cages, 2 oil systems, whole-house generator, rooftop solar panels. Parking for 3 along driveway+2 in double garage. This home offers countless benefits to investors or owner-residents seeking rental income. Come see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Bernard 401-743-7570,

    New England Properties

    Bought with:

    Gina Quick, RES.0043760

    Ballard Hall Sales Group

    Source: StateWide MLS RI,MLS#: 1361590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Bathroom
    • Features: Bath w Shower Stall, Bath w Tub & Shower
    Heating
    • Natural Gas, Oil, Solar, Baseboard, Central, Forced Water, Gas Connected, Other, Radiant, Zoned
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: Common Area, In Building, In Unit
    Features
    • Wall (Dry Wall), Skylight, Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Windows: Insulated Windows, Skylight(s)
    • Basement: Full,Interior and Exterior,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,907
    • Total interior livable area: 2,908 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Stories: 3
    • Patio & porch: Porch
    • Exterior features: Balcony
    Lot
    • Size: 6,952 Square Feet
    • Features: Corner Lot, Sidewalks
    Details
    • Parcel number: NEWPM006B0034
    • Zoning: R10
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers, Generator
    • Sewer: Public Sewer
    • Water: Individual Meter, Municipal, Public
    • Utilities for property: Sewer Connected, Water Connected
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Subdivision: Upper Broadway
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $447/sqft
    • Tax assessed value: $854,800
    • Annual tax amount: $6,084
    • Date on market: 9/26/2024
    • Inclusions: Property Tax based upon Non-Resident Rate.
    • Total actual rent: 1815

    Price history

    DateEventPrice
    7/30/2024Sold$1,300,000$447/sqft
    Source: StateWide MLS RI #1361590 Report a problem
    6/29/2024Pending sale$1,300,000$447/sqft
    Source: StateWide MLS RI #1361590 Report a problem
    6/15/2024Listed for sale$1,300,000+1200%$447/sqft
    Source: StateWide MLS RI #1361590 Report a problem
    4/12/2013Sold$100,000-69.7%$34/sqft
    Source: Public Record Report a problem
    1/17/2013Listing removed$1,800$1/sqft
    Source: Prudential Prime Properties Report a problem
    10/25/2012Listed for rent$1,800$1/sqft
    Source: Prudential Prime Properties Report a problem
    3/7/2012Listing removed$329,900$113/sqft
    Source: Homes.com #944637 Report a problem
    3/6/2012Listed for sale$329,900+14.7%$113/sqft
    Source: Homes.com #944637 Report a problem
    3/10/2010Sold$287,500-12.9%$99/sqft
    Source: Public Record Report a problem
    12/21/2009Price change$329,900-12%$113/sqft
    Source: Homes.com #944637 Report a problem
    9/5/2009Price change$375,000-6%$129/sqft
    Source: Homes.com #944637 Report a problem
    7/17/2009Listed for sale$399,000+132%$137/sqft
    Source: Connor Dowd #944637 Report a problem
    7/9/1999Sold$172,000$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,427 +5.7%$854,800
    2024$7,026 +31.3%$854,800 +53.5%
    2023$5,350 $556,700
    2022$5,350 +3%$556,700
    2021$5,194 +25.1%$556,700 +37.8%
    2020$4,152 $403,900
    2019$4,152 +2.9%$403,900
    2018$4,035 +14.6%$403,900 +28.6%
    2017$3,520 +2.6%$314,000
    2016$3,432 +2.4%$314,000
    2015$3,350 +1%$314,000 +14.1%
    2014$3,318 +6.2%$275,100
    2012$3,125 +1.8%$275,100 -11.1%
    2011$3,071 +3.9%$309,300
    2010$2,957 +0.4%$309,300
    2009$2,945 -25.3%$309,300 -31.9%
    2008$3,941 +4%$454,500
    2007$3,791 +4%$454,500
    2006$3,645 +2.1%$454,500 +81.9%
    2005$3,570 +31.5%$249,800 +18.3%
    2002$2,714 $211,200
    Find assessor info on the county website

    Neighborhood: Broadway

    Nearby schools

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    Estimated market value
    $1,472,400
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    Estimated market value
    $1,472,400

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