499 Park AVE, Portsmouth, RI 02871
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499 Park AVE, Portsmouth, RI 02871,Video Tour
499 Park AVE, Portsmouth, RI 02871
499 Park AVE, Portsmouth, RI 02871
499 Park AVE, Portsmouth, RI 02871
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$ 645,000
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499 Park AVE Portsmouth, RI 02871

4 Beds

3 Baths

3,688 SqFt


Open House

Thu Oct 01, 4:00pm - 6:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,688 sqft

Price per Sqft $174

MLS Listing ID 1423668

Style Stacked,Side By Side

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 3,688

Year Built 1918

Annual Tax Amount $6,218

Tax Year 2026

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Multi Family

Property Description

Welcome to 499 Park Ave, a three-family multifamily in the heart of Portsmouth's sought-after Island Park neighborhood. With water views from all three units, this property offers something rare: a true income-producing investment with a coastal setting tenants love.

Major systems have been updated for peace of mind, including a newer septic system, oil tank, boiler, and furnace. The property could use some cosmetic updating here and there, giving you the chance to add value and boost rental income as you make it your own.

Whether you're a seasoned investor expanding your portfolio or a first-time buyer looking to live in one unit and rent the others, this is a great opportunity in a prime Aquidneck Island location. Come see the potential at 499 Park Ave.

Location

State RI

County Newport

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Interior Features Attic, Interior Steps, Stall Shower, Tub Shower, Cable TV

Heating Baseboard, Oil

Cooling Window Unit(s)

Flooring Ceramic Tile, Laminate, Vinyl, Carpet

Fireplaces Type None

Inclusions NEW 4 BEDROOM SEPTIC INSTALLED IN 2015 NEW FURNACE and OIL TANK 2018

Fireplace No

Appliance Common Water Heater, Dryer, Oven, Range, Washer

Laundry Common Area

Exterior

Community Features Marina, Near Schools, Pool

Waterfront Description Beach Access,Mooring,Water Access,Walk to Water

View Y/N Yes

View Saltwater, Water

Garage No

Building

Lot Description Corner Lot

Foundation Block, Combination, Concrete Perimeter, Stone

Sewer Septic Tank

Water Connected, Public

Architectural Style Stacked, Side By Side

Structure Type Drywall,Shingle Siding

New Construction No

Others

Senior Community No

Tax ID 499PARKAVPORT

Virtual Tour https://www.zillow.com/view-imx/2de62cec-cf1a-481a-8b4c-3bb2a008e27c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard


Listed by eXp Realty

Nearby Locations

Brendan Duckworth
Brendan Duckworth

Agent Rhode Island 33269 / CT009277Massachusetts 139639

+1(401) 787-7128 | brendan@duckworthhomes.com

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499 Park AVE