$679,000

FOR SALE

102 Broadway 2B

Newport, Ri, 02840

MLS #1398050

Subdivision: Broadway

Building: New Broadway Condominium

2 Beds

2/- Baths

865 sqft

$ 784.97 /sqft

Property Details

~ Prime Investment Opportunity in Newport ~ Located on Broadway, Newport's main thoroughfare, this 2-bed 2-bath condo offers nearly 900 sq. ft. of versatile living space with hardwood floors and two off-street parking spaces. Historically a strong-performing investment, it has rented to students in the winter and operated successfully as a short-term rental a rare opportunity for a condominium in Newport. Summer short-term rental rates for similar properties have ranged from $260 $570 per night from 2022 2025, with July consistently peaking near $540 $570, highlighting the potential for substantial seasonal income. This property provides an ideal entry point into the Airbnb market and a proven income-generating asset in one of the city's most desirable locations.

Property Features

-

Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
Monthly
HOPA
No
Membership Fees
-
Appliances
Dryer,Dishwasher,GasWaterHeater,Microwave,Oven,Range,Refrigerator,Washer
Restrictions
-
Furnished
Furnished
Flooring
CeramicTile,Hardwood
No. of Floor
-
Terms Considered
Lease,LeaseOption
Year Built
1870
Cooling
WindowUnits
Pets Allowed
Yes
Amenities
Playground,Restaurant,Sauna,TennisCourts,Trails
Interior
TubShower,Furnished
Maintenance Fee Includes
Insurance,Laundry,MaintenanceGrounds,Parking,Sewer,Trash,Water
Governing Bodies
-
Construction
Drywall,ShingleSiding
Security
-
Heating
Baseboard,Gas,HotWater
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Assigned,NoGarage
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
A
Listing Office
REMAX Results

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Listing Courtesy of: REMAX Results