Rare Multifamily -Commercial opportunity in Portsmouth, R.I. Investment or ideal owner occupied with income. 3 Rental units with the potential for expansion. Large lot with off street parking. 4 full baths. Owner has recently installed new septic system. Property need work but well worth the effort. Located near Shops and Beaches. Commercial use option. Good income potential. Enjoy all that Portsmouth has to offer.
Sold for $525,000
$525,000
2848 E Main Rd, Portsmouth, RI 02871
5beds
2,349sqft
3 Family
Built in 1880
-- sqft lot
$650,000 Zestimate®
$223/sqft
$2,080 Estimated rent
Home value
$650,000
$566,000 - $741,000
$2,080/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 05, 2025 at 08:34am
Listed by:
Lindsey Bshara-Leviss 508-208-8594,
Salt Marsh Realty Group 508-678-5217
Bought with:
Lindsey Bshara-Leviss
Salt Marsh Realty Group
Source: MLS PIN,MLS#: 73264034
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,349
- Total interior livable area: 2,349 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 6
Features
- Patio & porch: Porch
- Waterfront features: River, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 0.44 Acres
Details
- Parcel number: 375490
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Community
- Community features: Public Transportation, Shopping
Location
- Region: Portsmouth
HOA & financial
Other financial information
- Total actual rent: 3200
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2025 | Sold | $525,000-10.9%$223/sqft |
Source: MLS PIN #73264034 Report a problem | ||
| 7/12/2024 | Listed for sale | $589,000+145.5%$251/sqft |
Source: MLS PIN #73264034 Report a problem | ||
| 9/1/2016 | Listing removed | $239,900$102/sqft |
Source: Salt Marsh Realty Group #71833056 Report a problem | ||
| 5/8/2015 | Listed for sale | $239,900$102/sqft |
Source: Salt Marsh Realty Group #71833056 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,563 +0.8% | $343,600 |
| 2024 | $4,529 +9.1% | $343,600 +28.8% |
| 2023 | $4,150 | $266,700 |
Find assessor info on the county website
Neighborhood: 02871
Nearby schools
GreatSchools rating
- 10/10Howard Hathaway SchoolGrades: K-4Distance: 0.7 mi
- 8/10Portsmouth Middle SchoolGrades: 5-8Distance: 4.1 mi
- 10/10Portsmouth High SchoolGrades: 9-12Distance: 0.4 mi
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