118 Cottage Avenue

Portsmouth, RI, 02871

$495,000

$148 per ft²
$495,000
$148 per ft²
Sold
Sold
beds
5 Beds
baths
4 Baths
carpenters-square
3,338 ft²
property_type
Multi-family
calendar
Built 1930
Great investment opportunity. Multiple possibilities for these 3 separate units on one lot in Island Park. Short-term seasonal, Airbnb, yearly rentals possible. Fenced compound consists of a 3 bed 2 bath unit, 1 bed 1 bath ranch with finished basement, 1 bed 1 bath studio cottage. Currently rented well below market rate w/ tenants paying all utilities including water. Updates are needed but all units do have newer 6-bedroom septic, 5-year-old roofs, updated electric and vinyl siding. Private corner lot and located 2 blocks from Park Ave. Rare opportunity.
MLS® ID:
1306922
Listed:
4/5/22
Updated:
6/25/22

Interior Features

Kitchen Appliances
Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
Total Bedrooms
5
Full Bathrooms
4
Interior Features
Tub Shower, Cable TV
Laundry Description
Common Area
Floor Description
Hardwood, Laminate, Other, Carpet
Fireplace
None
Cooling
Window Unit(s)
Heating
Baseboard, Hot Water, Propane, Oil

Exterior/Building Features

Lot Size
6,098 ft² lot
Lot Details
Corner Lot
Sewer
Septic Tank

Other Property Details

Taxes
$4713
Tax Frequency
per YEAR
HOA Amenities
Golf, Highway Access, Marina, Near Schools, Public Transportation
Attached Garage
No
Parking
No Garage
Parking Total
4.0
View
N
County
Newport
Water Source
Connected
Pool
No
Zoning
R10

Property History

Date
Event
Price
Value
6/24/22
Sold
-
-
6/24/22
Price Change
$495,000
-1%
4/13/22
Pending
-
-

 

Courtesy of Hogan Associates

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 4:41 PM UTC, 6/25/22.

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