Great investment opportunity that is currently run as a successful air b-n-b for weekly, nightly and long weekend rental. The business is up and running and the package is sold turn-key with all appliances, furniture and furnishings to transfer with the sale. With documented income of $90,000 - $105,000 for the last 2 years, this legal 3-unit with 6 bedrooms and 3 bathrooms was recently updated. Sited on a large lot with plenty of parking, the guest house is separate from neighboring properties, and with a brand new 6-bedroom septic, newer utilities and stress-free siding, the property has very low maintenance costs. Close to Middletown beaches and golf and only 10 minutes to downtown Newport. Terrific opportunity for the savvy investor.
Off market
Zestimate®
$839,800
79 E Main Rd, Portsmouth, RI 02871
6beds
3,351sqft
MultiFamily
Built in 1910
-- sqft lot
$839,800 Zestimate®
$251/sqft
$3,001 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Oil
Appliances
- Included: Refrigerator
- Laundry: In Units
Features
- Flooring: Hardwood
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,351 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 0.86 Acres
Details
- Parcel number: PORTM064B0046
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Electric: 200 Amps
- Sewer: Septic System
Community & neighborhood
Location
- Region: Portsmouth
Other
Other facts
- Exterior: Vinyl Siding
- FinishedFloor: Hardwood, Ceramic
- BasementFinish: Unfinished
- BasementAccess: Interior and Exterior
- BasementType: Full
- HotWater: Oil
- HeatingFuel: Oil
- Laundry: In Units
- Wall: Dry Wall
- Electric: 200 Amps
- Type: Up/Down
- Sewer: Septic System
- Plumbing: Mixed
- PropertyType: 2-4 Units Multi Family
- SubsidizedHousing: 0
- UnderConstruction: 0
- HeatPaidBy: Owner
- Cooling: Individual Unit
- HeatingSystem: Forced Water
- Insulation: Walls, Floors
- Fireplace: Brick
- WaterSupply: Municipal
- TimeShareYN: 0
- ApxHeatCost: 2101-2400
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$839,800
2% more+$16,796
With Zillow Showcase(estimated)$856,596