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Stephano Stravoravdis

realstephano@pm.me +1(860) 801-2087

$ 1,275,000

Est. payment | -/mo

2 Beds

2 Baths

2,164 SqFt

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$ 1,275,000

Est. payment | -/mo

Save

2 Beds

2 Baths

2,164 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,164 sqft

Price per Sqft $589

Subdivision Broadway

MLS Listing ID 1415571

Style Stacked

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,164

Year Built 1935

Annual Tax Amount $5,530

Tax Year 2025

Lot Size 5,009 Sqft

Acres 0.115

Property Sub-Type Multi Family

Property Description

Rare mixed-use investment opportunity in the heart of Newport's thriving Broadway district. Positioned on a highly visible corner lot, 440 Broadway offers a compelling combination of commercial and residential income potential in one of the city's most desirable and walkable neighborhoods. The property features a fully built-out professional office space on the first floor, currently occupied by a well established dental practice with three exam rooms, laboratory, private office, reception area, waiting room, bathroom, and storage. The dental business is not included in the sale of the real estate and will be sold separately. The second-floor residential unit consists of a bright and spacious two-bedroom, one-bath apartment with hardwood floors, high ceilings, abundant natural light, and a private deck. The residential component provides additional income potential and strong rental appeal in Newport's historically supply-constrained housing market. Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic offering valuable storage and operational flexibility. The corner-lot location provides excellent visibility, accessibility, and long-term investment appeal. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents a unique opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.

Location

State RI

County Newport

Community Broadway

Zoning R10

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Attic, Interior Steps, Permanent Attic Stairs, Storage

Heating Oil, Radiant

Cooling None

Flooring Carpet, Hardwood

Fireplaces Type None

Fireplace No

Appliance Oil Water Heater

Exterior

Parking Features Detached

Garage Spaces 2.0

Utilities Available Sewer Connected

Total Parking Spaces 4

Garage Yes

Building

Lot Description Corner Lot

Sewer Connected, Public Sewer

Water Connected, Public

Architectural Style Stacked

Structure Type Clapboard

New Construction No

Others

Senior Community No

Tax ID 440BROADWAYNEWP

Listed by Compass

Nearby Locations

Stephano Stravoravdis

REALTOR® | License ID: RES.0807925

+1(860) 801-2087 | realstephano@pm.me

440 Broadway Newport, RI 02840

Stephano Stravoravdis

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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440 Broadway