E Main Rd

4 Bedroom Real Estate has been listed for sale at 2951 E Main Rd in Portsmouth for $3,395,000. Chat with a local expert, book a tour.

Portsmouth

East Main - Potomac Road

2951 E Main Rd

2951 E Main Rd, For Sale in Portsmouth - eXp Commercial Brokerage

Welcome to 2951 East Main Road, a fully approved 26 unit residential condominium development. What's there now? 6 existing units, within the farmhouse, can be sold immediately as condos. Condo Docs complete. 5, 623 sq.Ft. Barn, with approvals to be retrofitted into 4 units. Full development package, including site plans, septic plans and engineered / architectural renderings. What's approved? 26 Units total: 6 existing units, 4 units retrofitted in the barn, 16 ground up construction units. What's the value? Appraised as is' at $2, 750, 000, Gross (condo) sell out, post construction: $12, 200, 000

This is a MAGNIFICANT 1865 EMPIRE STYLE VICTORIAN 6 FAMILY located on 2.67 Acres and has been documented on the National Register of Historic Places. In ~1948 the original Main House of Borden Farm was converted into six one bedroom apartments. The exterior of the property has been completely restored. In addition to the main house, there are several out building on the property. The property has natural gas with 6 separate gas boilers, 7 separate 100amp electrical services, town water, well water for exterior landscaping, and ~10 year old septic system . There is a possibility of an administrative subdivision of the land. Preliminary engineering work has been done & documentation is available upon request.

Listed on the National Register of Historic Places, Borden Farm in historic Portsmouth is nothing short of impressive. A stately structure standing over three stories tall, the main building stands proudly among towering trees and rolling greens. On the top floor we find this treetop one-bedroom unit, available June 15th for a yearly lease. Attractive features include: a handsome eat-in kitchen; large windows; attic storage; parking; laundry; and 10-foot ceilings. This apartment reminds one why Portsmouth is a great place to live. Landlord handles water, snow removal, landscaping and trash removal.

2951 E Main Rd, Portsmouth, RI

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