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Pending
  • Price cut: $125K (1/30)
    $1,250,000

    76-78 President Ave, Portsmouth, RI 02871

    5beds
    4,660sqft
    : 
    Multi Family
    Built in 1988
    -- sqft lot
    $-- Zestimate®
    $268/sqft
    $-- HOA

    What's special

    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.
    133 days
    on Zillow
    |
    17
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 17, 2025 at 07:23am

    Listed by:

    Beautiful RI Homes Group 401-368-1200,

    Keller Williams Coastal

    Source: StateWide MLS RI,MLS#: 1374604MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Bathroom
    • Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
    Heating
    • Oil, Baseboard, Forced Water, Zoned
    Cooling
    • Individual Unit
    Appliances
    • Included: Electric Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Building, In Unit
    Features
    • Wall (Dry Wall), Wall (Paneled), Cathedral Ceiling(s), Skylight, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood, Laminate, Other, Vinyl, Carpet
    • Windows: Skylight(s)
    • Basement: Full,Interior and Exterior,Unfinished
    • Attic: Attic Stairs
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 4,660
    • Total interior livable area: 4,660 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    Features
    • Stories: 3
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Access, Beach, Walk to Salt Water, Walk To Water
    Lot
    • Size: 0.75 Acres
    Details
    • Foundation area: 1200
    • Parcel number: PORTM024B0081
    • Zoning: R20
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Paneled, Vinyl Siding, Wood
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Septic Tank
    • Water: In Fee, Municipal, Public
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Highway Access, Marina, Public School, Restaurants, Schools, Near Shopping, Near Swimming
    • Subdivision: Island Park
    HOA
    • Has HOA: No
    Location
    • Region: Portsmouth

    Financial & listing details

    • Price per square foot: $268/sqft
    • Tax assessed value: $734,000
    • Annual tax amount: $10,333
    • Date on market: 12/14/2024
    • Inclusions: Airbnb unit is legal with town and state in 2024 and reissued in 2025 - unit 76B ($25, 000 in income in 2024 in weekly and monthly rentals) Rent was set at- 76A - $2900/month 78 - $3, 000/month
    • Total actual rent: 8400
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