87 Freeborn Street Portsmouth, RI $ 1,350,000
87 Freeborn Street
$ 1,350,000
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87 Freeborn Street

Portsmouth, RI, 02871
$ 1,350,000
Bedrooms6 Baths6.0 Sq 3,545

Monthly Estimate*

$ 8,085

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Multi-Family Home for sale in Portsmouth, RI

for $1,350,000 with 6 bedrooms and 6 full baths. This 3,545 square foot home was built in 1865 on a lot size of 0.84.

1865 Federal Farmhouse is a unique property that has recently been transformed by the third and current owners. Versatility and possibilities abound with four buildings situated on nearly one acre of parklike grounds. This can be the ideal family compound, in-home business or if you are looking to live in luxury while you earn income, this is the home for you! Numerous improvements include an oversized renovated barn which can serve many uses. Storage, workshop, hobbies or an incredible entertainment space. With plenty of parking and great visibility for a business is also a possibility. The grounds are exquisite for outdoor dining, gardening or just lounging in one of the lush vignettes. The main house is the perfect blend of old and new. The kitchen, baths and all new electrical are just a few of the upgrades offered throughout this home.Conveniently located between Newport and Bristol this is a not to be missed opportunity!

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Multi-Family Contingent

Price

$ 1,350,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,608

Style

MultiFamily

Lot Size

0.84

Year Built

1865

Town/City

Portsmouth

County/Region

Newport

MLS | Web ID

1367493

Features
General
Interior Features Bathtub Skylights Stall Shower TubShower
Sewer SepticTank
Heating Electric ForcedAir Propane Oil Other
Cooling WindowUnits
Possession Negotiable
Appliances Dryer Dishwasher ElectricWaterHeater Microwave Oven Range Refrigerator RangeHood Washer
Exterior Features PavedDriveway
Garage Spaces 0.0
Security Features SecuritySystemOwned
Construction Materials Drywall Plaster WoodSiding
Year Built 1865
Electric Item100AmpService Item150AmpService CircuitBreakers
Tenant Pays HotWater
Property SubType MultiFamily
Tax Year 2024
Business Type Other
Community Features Golf HighwayAccess NearSchools PublicTransportation RecreationArea Restaurant Shopping
County Newport
Operating Expense 0.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Contingency Inspection Period
Subdivision Name Portsmouth Town Center
Garage Y/N N
Other Structures Barns
Total Rooms 15
Full Baths 6
Status ActiveUnderContract
City Portsmouth
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 4
Lot Size Units SquareFeet
Lot Size Square Feet 36590.0
Waterfront Y/N N
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 8608.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/87-81-Freeborn-ST-Portsmouth-RI-02871
Days on Market 15
Structure Type Apartment
Standard Status ActiveUnderContract
Tax Assessed Value 653100
Tax Lot 34
Expected Active Date 2024-09-03
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Interior
Basement ExteriorEntry Full InteriorEntry Unfinished
Flooring CeramicTile Hardwood Laminate Marble Carpet
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Skylights
Fireplace Y/N N
Above Grade Finished Area 3545.0
Half Baths 0
Laundry Features CommonArea
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 6
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Exterior
Parking Features NoGarage
Lot Features Private Secluded
Water Source Connected
Total Parking 8.0
Inclusions Property being sold As Is Excluded in the sale- Chandelier in foyer sconces in dining room and curtains and rods.
Lot Size Area 36590.0
Foundation Details Combination
Number of Buildings 4
Spa N
Building Area Total 3545.0
Lot Size Acres 0.84
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 87
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* Excluded Features
List By
Coldwell Banker Realty

Broker

lisa@thenewportgroupri.com

Email

Affordability Calculator

$8,803
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,085
Monthly Property Taxes
$717
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2024$1,350,000 Listed Price

Map


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87 Freeborn Street, Portsmouth, RI, 02871 is a Multi-Family Home for sale at $1,350,000 with 3,545 sqft and a lot size of 0.84. 87 Freeborn Street has 6 bedrooms, 6.0 baths, and was built in 1865. The property's zip code is 02871 which is in Portsmouth, RI