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!
Sold for $1,300,000
$1,300,000
401 Broadway, Newport, RI 02840
7beds
2,908sqft
Multi Family
Built in 1910
-- sqft lot
$1,458,900 Zestimate®
$447/sqft
$2,900 Estimated rent
Home value
$1,458,900
$1.31M - $1.63M
$2,900/mo
Zestimate® history
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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#: 1361590
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 sqft
- 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 & neighborhood
Community
- 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
Location
- Region: Newport
- Subdivision: Upper Broadway
HOA & financial
Other financial information
- Total actual rent: 1815
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2024 | Sold | $1,300,000$447/sqft |
Source:  StateWide MLS RI #1361590 Report a problem | ||
| 6/29/2024 | Pending sale | $1,300,000$447/sqft |
Source: StateWide MLS RI #1361590 Report a problem | ||
| 6/15/2024 | Listed for sale | $1,300,000+1200%$447/sqft |
Source: StateWide MLS RI #1361590 Report a problem | ||
| 4/12/2013 | Sold | $100,000-69.7%$34/sqft |
Source: Public Record Report a problem | ||
| 1/17/2013 | Listing removed | $1,800$1/sqft |
Source: Prudential Prime Properties Report a problem | ||
| 10/25/2012 | Listed for rent | $1,800$1/sqft |
Source: Prudential Prime Properties Report a problem | ||
| 3/7/2012 | Listing removed | $329,900$113/sqft |
Source: Homes.com #944637 Report a problem | ||
| 3/6/2012 | Listed for sale | $329,900+14.7%$113/sqft |
Source: Homes.com #944637 Report a problem | ||
| 3/10/2010 | Sold | $287,500-12.9%$99/sqft |
Source: Public Record Report a problem | ||
| 12/21/2009 | Price change | $329,900-12%$113/sqft |
Source: Homes.com #944637 Report a problem | ||
| 9/5/2009 | Price change | $375,000-6%$129/sqft |
Source: Homes.com #944637 Report a problem | ||
| 7/17/2009 | Listed for sale | $399,000+132%$137/sqft |
Source: Connor Dowd #944637 Report a problem | ||
| 7/9/1999 | Sold | $172,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
GreatSchools rating
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.7 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$1,458,900
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Estimated market value
$1,458,900
- Rhode Island
- Newport County
- Newport
- 02840
- Broadway
- 401 Broadway
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