51 Pine Street Portsmouth

$250,000
2 1 691 sq ft

The Property

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.

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Listing Details

MLS Number

1391313

Lot Size:

0.07 acres

Features

  • Basement: Full, Bulkhead, Unfinished
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Interstate
  • Marina
  • Recreational Facilities
  • Restaurants
  • Near Swimming
  • Heating: Oil, Forced Air
  • Heating Fuel: Oil, Forced Air
  • Corner Lot
  • Type: Bungalow
  • Year Built: 1950
  • Water Amenities: Access, Beach, Flood Insurance, Walk to Salt Water

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Market Trends for Single Family Homes
in Portsmouth

  • Overview
    Homes for Sale Today71-93.2% decrease in inventory
    New on Market *21-25% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$405.13$132 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,066,700$197,738 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *94.98%-1.4% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$461.62$54 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *782 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Revolv Real Estate

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