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    11 Spruce Street

    Westerly, RI 02891
    • $370,000
    • STATUS: Active
    • MLS #: 1256218
    UPDATED: 18 min ago
    $370,000
    • 7
      BEDS
    • 0.25
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 4,356
      SQFT
    • $85
      $/SQFT
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    This 3 family home in the heart of Westerly has plenty of options as an investment property or to live in and rent the other two units. Offering a 2BR 1 BA on the first floor, 3BD 1BA on the 2nd floor, and 2BD 1 BA on the third floor, there is plenty of income potential. Connected to town gas, water and sewer and includes off-site parking for 4-6 cars. Located near downtown Westerly, Rt 95, Schools, and Westerly beaches with a great rental track record. Reserve your showing today! Great rent rolls, $3,275, Taxes: $3500, insurance, payments $2,059 per month, live for free or get $3275 income per month. Turn key! Cash on Cash return, 11.96%. Cap Rate 7.64% per numbers provided from owner. Income and Expenses available with showing and Pre approval or proof of funds.

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    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Welchman Real Estate Group | Keller Williams Realty of Newport are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Welchman Real Estate Group | Keller Williams Realty of Newport. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-07-03T16:38:17.997.
    www.welchmanrealestate.com/homes/106848476
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    11 Spruce Street Westerly, RI 02891

    • Price: $370,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 1256218
    7
    Beds
    3
    Baths
    0
    ½ Baths
    0.25
    Acres
    4,356
    SQFT
    $85
    $/SQFT
    1900
    Built
    Neighborhood:
    Historic Downtown, I-95, Ct
    County:
    Washington
    Area:
    Westerly
    Property Description
    This 3 family home in the heart of Westerly has plenty of options as an investment property or to live in and rent the other two units. Offering a 2BR 1 BA on the first floor, 3BD 1BA on the 2nd floor, and 2BD 1 BA on the third floor, there is plenty of income potential. Connected to town gas, water and sewer and includes off-site parking for 4-6 cars. Located near downtown Westerly, Rt 95, Schools, and Westerly beaches with a great rental track record. Reserve your showing today! Great rent rolls, $3,275, Taxes: $3500, insurance, payments $2,059 per month, live for free or get $3275 income per month. Turn key! Cash on Cash return, 11.96%. Cap Rate 7.64% per numbers provided from owner. Income and Expenses available with showing and Pre approval or proof of funds.
    Exterior Features

    Construction Materials Clapboard Covered Spaces 0 Garage YN No Parking Features None Parking Total 3

    Interior Features

    Appliances Electric Water HeaterGas Water Heater Basement Exterior EntryFullInterior EntryUnfinished Basement YN Yes Cooling None Fireplace YN No Fireplaces Total 0 Flooring CarpetHardwoodLaminate Heating BaseboardGas

    Property Features

    Association Fee 0 Community Features GolfHighway AccessMarinaNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S) Electric 100 Amp Service Land Lease YN No Laundry Features Common Area Operating Expense 27000 Property Sub Type Multi Family Senior Community YN No Sewer ConnectedPublic Sewer Tax Annual Amount 3500 Tax Assessed Value 296900 Tax Lot 137 Tax Year 2019 Utilities Sewer ConnectedWater Connected Water Source ConnectedPublic

    Listing information © 2020 State-Wide Multiple Listing Service.
    Listing provided courtesy of Re/Max South County.





    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Welchman Real Estate Group | Keller Williams Realty of Newport are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Welchman Real Estate Group | Keller Williams Realty of Newport. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-07-03T16:38:17.997.
     
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    Welchman Real Estate Group | Keller Williams Realty of Newport
    18 Commons
    Little Compton RI, 02837