51 Pine ST Pending

Portsmouth,RI 02871

$ 225000

2 Beds

1 Bath

691 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 691 sqft

Price per Sqft $325

Subdivision Island Park

MLS Listing ID 1391313

Style Bungalow

Bedrooms 2

Full Baths 1

Year Built 1950

Annual Tax Amount $2,578

Tax Year 2024

Lot Size 3,049 Sqft

Property Sub-Type Single Family Residence

Property Description

ALL OFFERS DUE BY 12PM TUESDAY, AUGUST 5TH. Contractors, investors, and visionaries this one's for you! This property offers a rare opportunity to build new or major renovation in the desirable Island Park in Portsmouth. Maybe you've always wanted an Airbnb. Maybe rent to college students for fall and winter and tourists in the spring and summer. This is the place for it! 2/10 of a mile to the beach or Flos Clam Shack! 3/10 of mile to Shcultzy's Snack Shack. Easy access to Route 24, 114, and 138. Just a few miles to Fall River and about 10 miles to Newport. Existing structure is in poor condition and being sold strictly AS IS, with no warranties or repairs. Ideal tear-down bring your plans and make the most of this lot's potential. Whether you're looking to rebuild, or invest, the value is in the land and being in walking distance of the beach, restaurants, and a quaint neighborhood. The dwelling will NOT qualify for most loan programs. The Town of Portsmouth will not allow the home to be occupied prior to a septic system is installed. This is non negotiable. The Buyer is unable to occupy the dwelling prior to a new septic system being installed. Septic design is in process. BUYER responsible for new septic. DO NOT WALK THE PROPERTY, IT IS OWNER OCCUPIED. Thank you.

Location

State RI

County Newport

Community Island Park

Zoning R10

Interior

Heating Forced Air,Oil

Cooling None

Flooring Other,Carpet

Fireplaces Type None

Inclusions DO NOT WALK THE PROPERTY - IT IS OWNER OCCUPIED. Thank you. The dwelling will NOT qualify for most loan programs. The Town of Portsmouth will not allow the home to be occupied prior to a septic system is installed. This is none negotiable. Septic design in process. BUYER is responsible for new septic system. Buyer and Buyer Agent to do due diligence.

Exterior

Community Features Golf,Highway Access,Marina,Public Transportation,Recreation Area,Restaurant

Waterfront Description Beach Access,Water Access,Walk to Water

Building

Lot Description Corner Lot

Story 1

Foundation Block

Sewer Cesspool

Water Public

Structure Type Wood Siding

New Construction No

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