Sold Date6/24/2022
Closed
118 Cottage Avenue, Portsmouth, Rhode Island RI02871
Listing ID1306922
5 Bedrooms4 Total Baths 3,338 SqFt 0.140 Acres
$495,000
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.
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