For Sale, USD 1,095,000
Portsmouth, Rhode Island, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 6,253 ft² / 581 m²
Land Size : N/A
Bedroom : 4
Bathroom : 4
Half Bathroom : 4
MLS#: 1423564
Property Description
Well-maintained five-unit multifamily property, zoned commercial, consisting of two separate buildings. The main building at 2803 East Main Road has 3323 sq ft of living space containing four one-bedroom apartments, while the second 959 sq ft building at 2801 East Main Road is a separate two-bedroom residence. The separate buildings provide flexibility for investors as well as owner-occupants. Each unit has its own individual heating and hot water system, with tenants responsible for most utilities. Current rents are below market, providing an opportunity to increase rental income through future rent adjustments. Ample parking is also available. The existing five-unit configuration, separate buildings, individual systems, and established rental income provide a solid foundation for an investor looking to add to a multifamily portfolio or an owner-occupant seeking rental income from the additional units.
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2801 East Main Road, United States,Rhode Island,Portsmouth is a 6,253ft² Portsmouth luxury Multi-Family Home listed for sale USD 1,095,000. This high end Portsmouth Multi-Family Home is comprised of 4 bedrooms and 4 baths. Find more luxury properties in Portsmouth or search for luxury properties for sale in Portsmouth.