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Sold for $974,000 on 01/26/24
  • $974,000

    1144-1152 W Main Rd, Portsmouth, RI 02871

    6beds
    1,915sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $509/sqft
    $4,161 Estimated rent

    Owner options

    List your home for rent

    $4,161/mo

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    $4,161/mo

    Rent Zestimate®

    Refinance and save

    $5,662/mo

    Est. payment

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    $5,662/mo

    Est. payment

    What's special

    5.73 Acres of land zoned LIGHT INDUSTRIAL on West Main Road in Portsmouth. Incredible traffic daily, and an opportunity to own a large piece of land in Portsmouth with endless opportunities. There are currently 2 single family homes that present an opportunity for increased returns utilizing seasonal rentals. Seller is open to subdividing homes and selling individually, OR take the whole package! With potential for development, light industrial use, or rental income, there are few deals on the market quite like this. The land spans well into the woods, and is ready for a new owner to maximize this properties income potential. Proforma 6-9% cap rate..see supplements

    Zillow last checked: 8 hours ago

    Listing updated: February 28, 2024 at 06:59am

    Listed by:

    The WP Group 401-281-8491,

    Smith and Oak Real Estate Co.

    Bought with:

    Bolano Team

    eXp Realty

    Source: StateWide MLS RI,MLS#: 1348011MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Oil, Forced Air, Steam, Zoned
    Cooling
    • None
    Appliances
    • Laundry: In Building
    Features
    • Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Hardwood, Carpet
    • Basement: Partial,Interior and Exterior,Unfinished
    • Number of fireplaces: 2
    • Fireplace features: Brick
    Interior area
    • Total structure area: 1,915
    • Total interior livable area: 1,915 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: No Garage
    Features
    • Stories: 2
    Lot
    • Size: 5.73 Acres
    Details
    • Parcel number: PORTM044B0001
    • Zoning: LI
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Plaster, Aluminum Siding
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Municipal, Public
    • Utilities for property: Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    Location
    • Region: Portsmouth

    HOA & financial

    Other financial information
    • Total actual rent: 4000