102 Broadway #2B Active Save Request In-Person Tour Request Virtual Tour
Newport,RI 02840
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 865 sqft
Price per Sqft $784
Subdivision Broadway
MLS Listing ID 1398050
Bedrooms 2
Full Baths 2
HOA Fees $474/mo
Year Built 1870
Annual Tax Amount $2,438
Tax Year 2025
Property Sub-Type Condominium
Property Description
~ 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.
Location
State RI
County Newport
Community Broadway
Interior
Heating Baseboard,Gas,Hot Water
Cooling Window Unit(s)
Flooring Ceramic Tile,Hardwood
Fireplaces Type None
Inclusions One pet per unit is allowed upon review and approval of the HOA board.
Laundry Common Area
Exterior
Community Features Playground,Restaurant,Sauna,Tennis Court(s),Trails/Paths
Utilities Available Sewer Connected
Amenities Available Playground,Restaurant,Sauna,Tennis Court(s),Trail(s)
Building
Story 3
Foundation See Remarks
Sewer Connected,Public Sewer
Water Connected,Public,Water Tap Fee
Structure Type Drywall,Shingle Siding
New Construction No
Others
Acceptable Financing Lease,Lease Option
Listing Terms Lease,Lease Option
Pets Allowed Yes
Virtual Tour https://youtube.com/shorts/GQMvipcsn14