$480,000
$529,900
9.4%For more information regarding the value of a property, please contact us for a free consultation.
18 Spring ST Westerly, RI 02891
7 Beds
4 Baths
3,614 SqFt
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,614 sqft
Price per Sqft $132
MLS Listing ID 1423663
Sold Date 10/30/26
Style Stacked
Bedrooms 7
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,614
Year Built 1900
Annual Tax Amount $3,436
Tax Year 2025
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Multi Family
Property Description
The bones are right, and the price reflects the work. A buyer who has done this before will see immediately what this property is worth with a little TLC. First time on the market, this rare four-unit multi-family sits a 10-minute walk from historic downtown Westerly, shops, restaurants, the Amtrak station, and just 12 minutes from Westerly's beaches, Misquamicut, and Watch Hill. The first and second-floor units each offer over 1,100 square feet of living space, with two bedrooms, a double parlor, and hardwoods throughout. Unit 1R is a spacious one-bedroom with a formal dining room and large living room with its own private entrance, privacy fence, and side yard. The third floor is a cozy retreat with an extra room for storage or a home office. Recent improvements include two brand-new heating systems and all-new water tanks. A four-bay garage and garden areas complete the property. Fully rented with long-standing tenants, 18 Spring Street offers the year-round consistency and reliability that make it an ideal investment property for investors, owner-occupants, or those looking to add a great property to their portfolio. Property Is Being Sold As-Is.
Location
State RI
County Washington
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Storage, Stall Shower, Tub Shower
Heating Electric, Gas, Oil, Steam
Cooling None
Flooring Hardwood, Laminate, Other, Vinyl, Carpet
Fireplaces Number 2
Fireplaces Type Masonry
Fireplace Yes
Appliance Dryer, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
Laundry In Unit
Exterior
Exterior Feature Paved Driveway
Parking Features Detached
Garage Spaces 4.0
Community Features Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping
Utilities Available Sewer Connected
Total Parking Spaces 14
Garage Yes
Building
Foundation Concrete Perimeter, Stone
Sewer Connected
Water Connected
Architectural Style Stacked
Structure Type Plaster,Aluminum Siding
New Construction No
Others
Senior Community No
Tax ID 18SPRINGSTWEST
Financing Cash
Read Less
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