new - 3 days on rocket

76 President Ave, Portsmouth, RI, 02871

$1,375,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
Multi

Location

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76 President Ave, Portsmouth$1,375,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, Garage
Attached GarageYes
Year Built1988
HeatingBaseboard, Hot Water, Oil, Zoned
CoolingSingle Unit
BasementYes
WaterfrontBeach, Water Access, Waterfront
FireplaceNone
ViewWater
MLS #1374604
Lot Size0.75 Acres
StatusActive

About 76 President Ave

Beautiful, large duplex style home with an additional in law with paperwork to be an airbnb for extra income. The 2 units are oversized with kitchen, living room, dining area, 2 full baths in each, 2 bdrms with additional space for multiple offices/guest rooms, laundry in each, tons of storage and a finished walk up attic space for an additional 300+ sq ft of living space. Each unit has a private deck with water views. Property is walk to water with water access. Each unit has one bay of the garage included. The inlaw unit is a legal airbnb for additional income. The unit has over 600 sq ft of living space including a loft area, sleeps 5. Laundry in unit and a private deck overlooking the water. This home has so much to offer and many options on how to make it work for you as income producing and easy living! Not to mention, the lower level walk out basement can be finished for extra living space or an additional unit with proper permitting. All of this set on close to an acre of flat gorgeous land, offering a large yard space and privacy.

Property Details

Property Features

Property Information:

  • Year Built: 1988

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate, Other, Vinyl, Carpet
  • Interior: Attic, Bathtub, Cathedral Ceiling(s), Permanent Attic Stairs, Skylights, Stall Shower, Tub Shower, Furnished, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Beach, Water Access, Waterfront
  • View: Water

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Cooling: Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,375,000
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Housing Market Comparison

See how this home compares to others in Portsmouth, RI.

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Portsmouth, RI

City

Med. Sold Price

$659K

Med. Price/SqFt

$365

Avg. Days On Market

15

# of Sold Homes

7

76 President Ave vs Portsmouth

3 DAYS ON ROCKET

-12 Days

$1,375,000

+$716K More

KEY TAKEAWAY

This property is $716K more than the Median Sold Price in Portsmouth, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1374604

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$6,930

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,189

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4436796
10
/10

  • Hathaway Elementary School

  • 53 Tallman Ave

  • 0.18 miles

  • Public District Grades KG-4

school-card-donut-4436797
6
/10

  • Fort Barton Elementary School

  • 99 Lawton Ave

  • 1.78 miles

  • Public District Grades KG-4

school-card-donut-4436798
9
/10

  • Melville Elementary School

  • 1351 W Main Rd

  • 2.88 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,321. The majority of Portsmouth, RI residents have income between $100k-200k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Portsmouth, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Portsmouth, RI?

Portsmouth's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with colonial, ranch, and Cape Cod homes dotting the landscape. The market is balanced with a mix of older homes that reflect the town's historical roots and newer constructions that offer modern amenities. While the exact homeownership rate is not specified, the market suggests a healthy balance between owned and rented properties.

What are the advantages of living in Portsmouth, RI?

Portsmouth is known for its serene coastal charm and strong sense of community. The town prides itself on its rich history and natural beauty, with numerous parks and public spaces that encourage outdoor activities. Annual events and local traditions are a testament to the town's cultural vitality and community engagement.

Are essential services in Portsmouth, RI convenient?

The community is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare services are accessible, with facilities providing primary care and specialized treatments. The public library system supports lifelong learning and community activities. Retail and dining options reflect the local culture, offering a blend of traditional New England fare and contemporary cuisine.

How do Portsmouth, RI residents get around?

Transportation in Portsmouth includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, with schedules that accommodate the commuting patterns of residents. The town also supports alternative transportation methods, such as biking and walking, with certain areas designed to be particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area.

Rocket Homes›Rhode Island›Newport County›Portsmouth›02871›76 President Ave

This home is located at 76 President Ave in Portsmouth, RI and zip code 02871. This home, which was built in 1988, sits on a 0.75 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $1,375,000.

Portsmouth, RI housing market in November 2024 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. The number of homes for sale in Portsmouth, RI decreased by 12.6% between October 2024 and November 2024. In November 2024 median list price was $659,000 and the average listing age was 15 days.

From Rocket Homes Real Estate and based on county public records data.

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