Upper Broadway

Investment

Opportunity

showings

By APpointment

DISCLOSURES

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401 Broadway,

Newport RI

Offered at

$1,300,000

lovely front porch

plenty of parking

2 car detached garage

corner lot

This multi-family gem sits on the corner lot of Broadway and Brooks Avenue, along the quieter and more subdued residential end of Broadway. The location still offers easy walking distance to the vibrant restaurants, shops, and street fairs of Lower Broadway. Built in 1910, this home stands tall, showing off a down-to-the-studs renovation by the current owner which preserved historical period details of woodwork, moldings, archways and bay windows with high-quality workmanship. Utilities, systems and windows were all replaced in the 2010 renovation. The 3-story structure has one unit each on floors 1 & 2 plus a small 3rd floor living space that is used by the resident of Unit 1 for occasional guests only. Floors are handsome refinished original oak or fir hardwoods, and tile in bathrooms. The house has been owner-occupied since purchased in 2010 and has been meticulously improved & maintained since then. Property includes 4 parking spaces along a wide driveway, plus parking for 2 cars in the double garage.

galley style kitchen

first floor apartment

spacious living room

primary bedroom

with ensuite bath

second floor apartment

galley style kitchen

spacious living room

primary bedroom

with ensuite bath

Units 1 & 2 have similar lay-outs. Both have primary ensuite bedroom/bathroom suites plus an additional bedroom and full bathroom for guests’ privacy. In Unit 2 the bathroom has radiant heat under tile floor & hook-ups for WD in a closet. Kitchens are compact and attractive with well-made cabinets, and both have plenty of space for a dining area. A graceful ceiling archway in the living room frames a trio of large bay windows. Both units have a large room with closet at the front of house with flexible options: office, family room or extra 3rd bedroom.

third floor guest quarters

The 3rd floor living space has a sweet living /dining room with skylights. A bedroom and flexible bonus room for a 2nd bedroom or office. Full Bathroom, and the Entry area has counter space with sink for prep of a sandwich or light breakfast, but no oven/stove. All for the guests of Unit 1’s resident.

Food Prep Ar​ea

living room

bedroom

bathroom

Susan Bernard

Sales & Rental Associate

Military Relocation Specialist

401-743-7570

Susan@NEProperties.com