For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,057 sqft
Price per Sqft $166
Subdivision Portsmouth Town Center
MLS Listing ID 1263828
Sold Date 06/28/21
Bedrooms 5
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,057
Year Built 1865
Annual Tax Amount $7,420
Tax Year 2019
Lot Size 0.840 Acres
Acres 0.84
Property Description
RARE AND UNIQUE OPPORTUNITY WITH POTENTIAL GALORE! IDEAL FOR A FAMILY COMPOUND OR INVESTMENT. IN THE HEART OF PORTSMOUTH, 87 FREEBORN IS A LEGAL 4-UNIT MULTI-FAMILY OFFERED FOR SALE ALONG WITH THE FREE STANDING ONE BEDROOM GATE COTTAGE AT 81 FREEBORN. ALL FIVE LEGAL RESIDENTIAL UNITS ARE LOCATED ON THE SAME PARCEL AND OFFERED FOR SALE AS ONE PROPERTY. PLEASE REFERENCE COMMERCIAL LISTING #1257983 FOR MORE INFO. THE VICTORIAN HOUSE AT 87 FREEBORN, BUILT IN 1865, CONTAINS THREE LEGAL APARTMENTS: TWO 1 BR & ONE 2 BR, PLUS A SEPARATE ONE BEDROOM BACK COTTAGE & TWO STORY BARN/GARAGE LOCATED ON A BEAUTIFUL 3/4 ACRE TREED LOT W/STONEWALLS. THE VICTORIAN W/THREE LEGAL APARTMENTS CAN BE MAINTAINED AS A MFM OR CONVERTED TO SINGLE FAMILY. A FIVE BEDROOM SEPTIC SYSTEM INSTALLED IN 2011 SERVICES THE 3 VICTORIAN APARTMENTS AND THE BACK COTTAGE. THE GATE HOUSE COTTAGE MLS # 1257983 INCLUDED WITH SALE IS SERVICED BY A ONE BEDROOM SEPTIC SYSTEM INSTALLED IN 1998. THREE UPDATED ELECTRIC SERVICES & ONE WATER METER SERVICES ALL RESIDENCES. THE FIRST FLOOR APARTMENT IN THE VICTORIAN, THE BASEMENT & GARAGE WILL BE SEEN ON THE FIRST SHOWING. PRE-APPROVAL LETTER REQUIRED TO SEE 2ND AND 3RD FLOOR APARTMENTS, BACK COTTAGE AND GATE HOUSE. GATE HOUSE COTTAGE LISTING #1257983 RENT $1,100 PER/MO INCLUDED IN SALE. SOLD "AS IS". ESTATE SALE.
Location
State RI
County Newport
Community Portsmouth Town Center
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Interior Features Bathtub, Skylights, Tub Shower
Heating Baseboard, Forced Air, Gas, Individual, Oil
Cooling None
Flooring Ceramic Tile, Other, Wood, Carpet
Fireplaces Type None
Fireplace No
Window Features Skylight(s),Storm Window(s)
Appliance Oven, Range, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Porch, Patio, Paved Driveway
Parking Features Detached
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping
Utilities Available Water Connected
Porch Patio, Porch
Total Parking Spaces 4
Garage No
Building
Foundation Concrete Perimeter, Stone
Sewer Septic Tank
Water Connected, Public, Water Tap Fee
Additional Building Barn(s), Outbuilding
Structure Type Drywall,Plaster,Clapboard,Other,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 87FREEBORNSTPORT
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 State-Wide Multiple Listing Service. All rights reserved.
Bought with Coldwell Banker Realty