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Jeff & Evelyn Weller Team

success@wellerteam.com +1(401) 265-8079

$730,000

Est. payment - /mo

2 Beds

2 Baths

1,628 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,628 sqft

Price per Sqft $448

MLS Listing ID 1403718

Style SideBySide

Bedrooms 2

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,628

Year Built 1965

Annual Tax Amount $5,511

Tax Year 2025

Lot Size 0.980 Acres

Acres 0.98

Property Sub-Type Multi Family

Property Description

Fantastic investment opportunity located in desirable Portsmouth! Town-approved two-unit, turnkey property offers exceptional flexibility for homeowners plus strong investment potential, if desired. Unit A spans approximately 1,200 sft and features two fireplaces, a screened porch, and a partially finished basement, creating a warm and versatile living space. Unit B, just under 450 sft, is perfect for generating income as an Airbnb, hosting guests, or housing a family member or friend. Both units feature all new appliances and new countertops, making the property truly move-in ready. A well-organized garage, along with a large, well-maintained shed that includes a ride-on mower, adds everyday convenience. The well-kept yard is a standout, featuring a small retention pond ideal for winter skating or hockey games, and a layout perfectly suited for the existing private chipping green for your own golf practice. Importantly, the property offers ample land to add an additional ADU, and with Turnpike Avenue frontage, an investor could potentially develop two separate houses on the lot, making this a rare long-term value opportunity. This location balances privacy with accessibility, offering quick access to Route 24 for an easy off-island commute and a short drive to Newport's vibrant downtown shops and restaurants. Even better, the home is located less than half a mile from highly rated Portsmouth High School, further enhancing its appeal for homeowners and investors alike.

Location

State RI

County Newport

Rooms

Basement Full, Interior Entry, Partially Finished

Interior

Interior Features Tub Shower

Heating Baseboard, Electric, Oil

Cooling 1 Unit

Flooring Ceramic Tile, Hardwood, Laminate

Fireplaces Number 2

Fireplaces Type Masonry, Stone

Inclusions Both sides currently empty. Potential rents: Unit A $2750-3000, Unit B $1650-1800

Fireplace Yes

Appliance Common Water Heater, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator

Laundry In Unit

Exterior

Parking Features Attached

Garage Spaces 1.0

Total Parking Spaces 5

Garage Yes

Building

Foundation Concrete Perimeter

Sewer Septic Tank

Water Connected

Architectural Style SideBySide

Additional Building Outbuilding

Structure Type Drywall,Clapboard,Shingle Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 19BROWNTERPORT

Virtual Tour https://my.matterport.com/show/?m=fnzSjzwgwGb

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Listed by J.E. Group Properties

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Jeff & Evelyn Weller Team

+1(401) 265-8079

Agent | RES.0027733

Agent RES.0027733

19 Brown TER Portsmouth, RI 02871

Jeff & Evelyn Weller Team

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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