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Overview

  • Updated On:
  • June 17, 2025
  • 3
  • Bathrooms
  • 16
  • Rooms
  • 6
  • Bedrooms
  • 1 ac
  • Property Lot Size

1028 East Main Road, Portsmouth, Residential Income

$ 839,000
1028 East Main Road, ,

Description

Prime Investment Opportunity – Two Single-Family Homes with Outbuildings in Portsmouth, RI! Located just minutes from Newport and Middletown’s stunning beaches, this unique property offers endless possibilities. Currently utilized as residential rentals with month-to-month leases in place, it’s a versatile investment suited for income generation, commercial use, or even a multi-generational living setup.
Each home has its own distinct charm and comfortable living spaces, ensuring privacy and convenience.
• Front House (Built in 1790): 3 bedrooms, 1.5 baths – a historic gem needing some TLC to restore its full potential.
• Rear House (Built in the 1950s): 3 bedrooms, 1.5 baths – a solidly built home offering additional space and opportunity.
Nestled within a vibrant business zone, this property is perfect for entrepreneurs, investors, or those seeking a flexible real estate venture. Don’t miss out on this rare opportunity in a highly desirable location!

Property Id : 562725
Price: $ 839,000
Property Lot Size: 1 ac
Rooms: 16
Bedrooms: 6
Bathrooms: 3
Basement: Full,Interior and Exterior,Unfinished
Bathrooms Full: 2
Bathrooms Half: 2
Building Area Total (sqft): 4600
Inclusions: New Septic system plan, Sales Disclosure & Lead
Community Features: Bus,Commuter Bus,Golf,Highway Access,Hospital,Private School,Public School,Recreational Facilities,Restaurants,Schools,Shopping,Near Swimming
Construction Materials: Plaster,Clapboard,Shingles,Wood
Cooling: Central Air,Heat Pump
Other Equipment: Cable TV,Carpeting
Parking Total: 7
Electric: 100 Amp Service,Circuit Breakers,Individual Meter
Fireplace Features: None
Fireplaces Total: 1
Flooring: Ceramic Tile,Hardwood,Laminate,Carpet
Foundation Details: Stone
Garage Spaces: 1
Heating: Electric,Oil,Baseboard,Central Air,Forced Air,Forced Water,Heat Pump
Laundry Features: In Unit
MLS Listing #: 1386968
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Fenced,Out Building,Private Compound
Lot Size SQFT: 28314
MLS Status: Active
Number Of Units Total: 2
Parking Features: Detached
Bathroom Features: Bath w Tub & Shower
Sewer: Connected,Septic Tank
State: RI
Stories: 2
Street Name: East Main
Street Number: 1028
StreetNumberNumeric: 1028
Street Suffix: Road
Annual Taxes: 8269
Water Source: Connected,Individual Meter,Municipal
Window Features: Insulated Glass Windows
Year Built: 1790
Zoning: mix
Address: 1028 East Main Road
State/County:
Zip: 02871
Country: US
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Other Features
Attic Stairs
Has Cooling System
Has Garage
Has Heating System
Insulation (Unknown)
Plumbing (Copper)
Plumbing (Galvanized)
Plumbing (Mixed)
Plumbing (PVC)
Wall (Plaster)
$ 4,965.69
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,916.94
Tue 17 Jun
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DISCLAIMER TEXT: 1028 East Main Road | 562725 : IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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