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38 Morningside Lane

Portsmouth, RI 02871
  • $1,250,000
  • STATUS: Under Agreement
  • MLS #: 72976689
Pending
$1,250,000
  • 5
    BEDS
  • 0.78
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,992
    SQFT
  • $418
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1800
County:
Area:

School Ratings & Info

Listing courtesy of Leslie Hogan of Hogan Associates.

Description

Morningside and Sunset. That would be your new address. 38 Morningside Lane is a 33978+sq.ft. waterfront home on the Sakonnet River. East facing sunrises and West facing sunsets. Zoned Multi-Family, this 3 unit home has so many options for the future buyer. With 11 rooms, 5 bedrooms and 3 baths, there is ample room to rearrange and convert to a multi level compound. Originally built in the 1800's, the 3rd floor full attic will command amazing views if opened up for a rooftop deck. Owned by the same family since 1966, this home has been maintained over the years. A new boiler was installed in 2022, there is a 6 Bedroom ISDS Septic System in place, Town Water and a well, the roof was replaced in 2015, electric sub panels installed in the 2 apartments and the windows were replaced. The property is surrounded by mature landscaping on the North, South and West side and the waterfront is the focus on the East.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-24T00:08:56.847.
www.welchmanrealestate.com/homes/128365042
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38 Morningside Lane Portsmouth, RI 02871

  • Price: $1,250,000
  • Status: Under Agreement
  • On Site: Days
  • MLS #: 72976689
5
Beds
3
Baths
0
½ Baths
0.78
Acres
2,992
SQFT
$418
$/SQFT
1800
Built
Neighborhood:
Other
County:
Newport
Area:
Other
Property Description
Morningside and Sunset. That would be your new address. 38 Morningside Lane is a 33978+sq.ft. waterfront home on the Sakonnet River. East facing sunrises and West facing sunsets. Zoned Multi-Family, this 3 unit home has so many options for the future buyer. With 11 rooms, 5 bedrooms and 3 baths, there is ample room to rearrange and convert to a multi level compound. Originally built in the 1800's, the 3rd floor full attic will command amazing views if opened up for a rooftop deck. Owned by the same family since 1966, this home has been maintained over the years. A new boiler was installed in 2022, there is a 6 Bedroom ISDS Septic System in place, Town Water and a well, the roof was replaced in 2015, electric sub panels installed in the 2 apartments and the windows were replaced. The property is surrounded by mature landscaping on the North, South and West side and the waterfront is the focus on the East.
Exterior Features

Beach Description Bay Beach Miles To 3/10 To 1/2 Mile Beach Ownership Public Beachfront Yes Color Yellow Construction Other (See Remarks) Exterior Wood Exterior Features PatioBalconyStorage ShedGarden AreaOther (See Remarks) Foundation Fieldstone Lot Description Paved DriveClearedOther (See Remarks) Parking Features Off-StreetPaved Driveway Parking Spaces 10 Road Type Public Roof Material Asphalt/Fiberglass Shingles Water View Features River Waterfront River Waterfront Flag Yes Waterview Flag Yes

Interior Features

Appliances Unit2 RangeDishwasherMicrowaveRefrigerator Appliances Unit3 Range Basement Yes Basement Features FullUnfinished Basement Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 2 Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Cooling Units 0 Cooling Zones 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring WoodTile Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 1 Heat Zones 3 Heating Unit1 Oil Heating Unit2 Oil Heating Unit3 Oil Hot Water Electric Interior Features Unit1 Cable Tv Available Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 13 Rooms Description Unit1 Living RoomKitchenOther (See Remarks) Rooms Description Unit2 Living RoomKitchenOther (See Remarks) Rooms Description Unit3 Living RoomKitchen Rooms Unit1 3 Rooms Unit2 5 Rooms Unit3 5

Property Features

Adult Community No Amenities Public TransportationShoppingGolf CourseHighway AccessHouse Of WorshipMarinaPrivate SchoolPublic SchoolOther (See Remarks) Apod Available No Assessments 746700.00 Disclosure Yes Disclosures Available Electric Features Circuit Breakers Gross Operating Income 14400 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 Y Lender Owned No Lot 23 Multifamily Type 3 Family - 3 Units Up/Down Net Operating Income 14400 Rent Description Unit3 HeatWater Rent Unit1 0 Rent Unit2 0 Rent Unit3 1200 Sewer Private Sewerage Short Sale Lender App Required No Sq Ft Disclosures Portsmouth Ri Vision Appraisal Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2021 Taxes 11428.00 Terms Other (See Remarks) Warranty No Water City/Town WaterPrivate Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning R20

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Leslie Hogan of Hogan Associates.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-24T00:08:56.847.
 
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Welchman Real Estate Group | Keller Williams Realty of Newport
18 Commons
Little Compton RI, 02837
Listing courtesy of Leslie Hogan of Hogan Associates.