76 President AVE Active

Portsmouth,RI 02871

$ 1375000

5 Beds

5 Baths

4660 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,660 sqft

Price per Sqft $295

Subdivision Island Park

MLS Listing ID 1374604

Bedrooms 5

Full Baths 5

Year Built 1988

Annual Tax Amount $10,333

Tax Year 2023

Lot Size 0.750 Acres

Property Description

Beautiful, large duplex style home with an additional in law with paperwork to be an airbnb for extra income. The 2 units are oversized with kitchen, living room, dining area, 2 full baths in each, 2 bdrms with additional space for multiple offices/guest rooms, laundry in each, tons of storage and a finished walk up attic space for an additional 300+ sq ft of living space. Each unit has a private deck with water views. Property is walk to water with water access. Each unit has one bay of the garage included. The inlaw unit is a legal airbnb for additional income. The unit has over 600 sq ft of living space including a loft area, sleeps 5. Laundry in unit and a private deck overlooking the water. This home has so much to offer and many options on how to make it work for you as income producing and easy living! Not to mention, the lower level walk out basement can be finished for extra living space or an additional unit with proper permitting. All of this set on close to an acre of flat gorgeous land, offering a large yard space and privacy.

Location

State RI

County Newport

Community Island Park

Zoning R20

Interior

Heating Baseboard,Hot Water,Oil,Zoned

Cooling 1 Unit

Flooring Ceramic Tile,Hardwood,Laminate,Other,Vinyl,Carpet

Fireplaces Type None

Inclusions Airbnb unit is legal with town and state in 2024 - unit 76B ($25,000 in income in 2024 in weekly and monthly rentals) 76 A and 78 are month to month tenants. willing to stay or vacate 76A - $2900/month 78 - $3,000/month

Laundry Common Area,In Unit

Exterior

Parking Features Attached

Garage Spaces 3.0

Community Features Highway Access,Marina,Near Schools,Public Transportation,Restaurant,Shopping

Waterfront Description Beach Access,Water Access,Walk to Water

View Y/N Yes

View Saltwater,Water

Building

Foundation Concrete Perimeter

Sewer Septic Tank

Water Connected,Public,Water Tap Fee

Structure Type Drywall,Vinyl Siding,Wood Siding

New Construction No

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