$1,099,000

About this home

Wake up to golden sunrises and refreshing sea breezes in this rare waterfront opportunity overlooking the Sakonnet River. Currently configured as a two-family investment property, the property offers sweeping, unobstructed water views, a newer 4-bedroom septic system, low maintenance siding. With potential for a dock just steps from your door, this is coastal living at its finest. Inside, a framed walk-up attic provides exciting possibilities for expansion and leads to a third floor /deck/balcony with breathtaking panoramic river views. Whether you envision a multigenerational retreat, an income-producing investment, or a custom waterfront dream home, the flexibility here is unmatched. Set on a highly sought after street lined with elegant waterfront residences, this property blends charm, location and OPPORTUNITY. Enjoy close proximity to great restaurants, weekend polo matches, or take a short drive to Newport for its vibrant downtown and lively harbor front. Bring your vision and transform this unique property into the coastal sanctuary you've always dreamed of. Rents are below market values and leases expire 5/31/26 so tenants will be on month-to-month basis. Seller will consider private financing for qualified buyer.

Highlights

Property details

MLS #

1411598

Property type

Apartment,Multi Family

Subdivision

Portsmouth Park Waterfront

Status

Active

Days on market

40

On market date

N/A

Stories

2

Garage spaces

N/A

Lot size

0.1108 acres

Nearby schools

Within 10 miles · public school directory data (NCES)