$1,155,000
$1,159,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Pond AVE Newport, RI 02840
4 Beds
3 Baths
5,224 SqFt
Key Details
Sold Price $1,155,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,224 sqft
Price per Sqft $221
Subdivision Broadway
MLS Listing ID 1261878
Sold Date 11/06/20
Style Other
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 5,224
Year Built 1900
Annual Tax Amount $8,984
Tax Year 2019
Lot Size 2,178 Sqft
Acres 0.05
Property Description
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.
Location
State RI
County Newport
Community Broadway
Zoning GB
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Attic, Tub Shower, Cable TV
Heating Baseboard, Gas, Hot Water
Cooling Central Air, Heat Pump
Flooring Ceramic Tile, Hardwood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
Laundry In Unit
Exterior
Exterior Feature Paved Driveway
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
Utilities Available Sewer Connected, Water Connected
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Public
Architectural Style Other
Structure Type Drywall,Brick,Masonry,Shingle Siding
New Construction No
Others
Senior Community No
Tax ID 2PONDAVNEWP
Financing Conventional
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Bought with Hogan Associates Christie's