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10 Braman Street

Newport, RI 02840
  • $1,395,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 1328133
UPDATED: 132 min ago
$1,395,000
  • 6
    BEDS
  • 0.21
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,405
    SQFT
  • $580
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Located on the edge of the beloved Point district and close to downtown Newport and all it has to offer, this multifamily with new heating systems, updated electrical panels, plenty of parking, a large backyard, and a pool offers so many possibilities. Boasting a successful rental history and currently functioning as a seasonal three-unit multifamily with separate utilities. Each rental unit is rented through May 26th: Unit 1 (2 bed/1 bath), Unit 2 (3 bed/1 bath), and Unit 3 (1 bed/1 bath). One may consider continuing to rent each unit separately as a seasonal rental or yearly rental, or they may choose to rent all three units together as a "6 bedroom/3 bathroom" summer rental house with a pool! A new owner may update each unit to maximize rental income or convert this multifamily home into a fabulous single-family with or without a pool. Excellent opportunity as an investment, owner-occupied multifamily, or possible conversion to a large single-family. Whatever option works for you, don't miss out on this great opportunity!

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[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Cullinan Real Estate are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Cullinan Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-01-28T23:37:32.13.
www.cullinanrealestate.com/homes/136101843
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10 Braman Street Newport, RI 02840

  • Price: $1,395,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 132 min ago
  • MLS #: 1328133
6
Beds
3
Baths
0
½ Baths
0.21
Acres
2,405
SQFT
$580
$/SQFT
1920
Built
Neighborhood:
The Point
County:
Newport
Area:
Newport
Property Description
Located on the edge of the beloved Point district and close to downtown Newport and all it has to offer, this multifamily with new heating systems, updated electrical panels, plenty of parking, a large backyard, and a pool offers so many possibilities. Boasting a successful rental history and currently functioning as a seasonal three-unit multifamily with separate utilities. Each rental unit is rented through May 26th: Unit 1 (2 bed/1 bath), Unit 2 (3 bed/1 bath), and Unit 3 (1 bed/1 bath). One may consider continuing to rent each unit separately as a seasonal rental or yearly rental, or they may choose to rent all three units together as a "6 bedroom/3 bathroom" summer rental house with a pool! A new owner may update each unit to maximize rental income or convert this multifamily home into a fabulous single-family with or without a pool. Excellent opportunity as an investment, owner-occupied multifamily, or possible conversion to a large single-family. Whatever option works for you, don't miss out on this great opportunity!
Exterior Features

Construction Materials MasonryOther Covered Spaces 0 Exterior Features PorchPatio Fencing Fenced Foundation Details BlockCombinationConcrete Perimeter Garage YN No Lot Features Corner Lot Parking Features No Garage Parking Total 6 Patio And Porch Features PatioPorch Waterfront Features Walk To Water

Interior Features

Appliances DryerElectric Water HeaterGas Water HeaterMicrowaveOvenRangeRefrigeratorTankless Water HeaterWater HeaterWasher Basement FullInterior EntryUnfinished Basement YN Yes Cooling None Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileHardwoodLaminateVinyl Heating BaseboardElectricGasHot Water Interior Features Tub Shower

Property Features

Community Features Highway AccessNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S) Electric Circuit Breakers Inclusions Current Leases Expire On May 26Th. Please Reach Out To Shari Dailey401-239-7176To Receive The Breakdown Of Rental income And/Or Disclosures *Please Note That Some Of The Photos Have Been Virtually Edited Land Lease YN No Laundry Features Common Area Operating Expense 0 Pool Features In Ground Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic Sewer Structure Type Apartment Tax Annual Amount 7794.67 Tax Assessed Value 811100 Tax Lot 231 Tax Year 2022 Tenant Pays Hot Water Utilities Sewer Connected Water Source ConnectedPublic Zoning R-10

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of Lila Delman Compass: [IDXCONTACTINFORMATION].



[Rhode Island Statewide MLS] logo

© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Cullinan Real Estate are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Cullinan Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-01-28T23:37:32.13.
 
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Cullinan Real Estate
51 America's Cup Ave
Newport RI, 02840