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Westerly,RI 02891
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,245 sqft
Price per Sqft $238
Subdivision Downtown Westerly
MLS Listing ID 1371896
Bedrooms 8
Full Baths 3
Year Built 1900
Annual Tax Amount $3,993
Tax Year 2024
Property Description
This fully leased 3 family property produces income from Day One. A 7.79% CAP rate insures a strong return with the safety and security of a real estate investment. Each unit retains the charm of the building's 1900 origin while beaming 21st century qualities like hardwood floors, tall ceilings and sun-soaked rooms. All three residential units and both garage stalls are leased. See included Income and Expense sheet to review the details. There is plenty of parking for residents. Call today to arrange a private viewing.
Location
State RI
County Washington
Community Downtown Westerly
Zoning R6
Interior
Heating Baseboard,Central,Gas
Cooling None
Flooring Carpet,Ceramic Tile,Hardwood
Laundry In Unit
Exterior
Exterior Feature Porch,Paved Driveway
Garage Detached
Garage Spaces 2.0
Community Features Marina,Near Schools,Public Transportation,Recreation Area,Shopping,Sidewalks
Utilities Available Sewer Connected
Waterfront Description Walk to Water
Building
Foundation Concrete Perimeter,Stone
Sewer Connected,Public Sewer
Water Connected,Public
Structure Type Drywall,Plaster,Aluminum Siding
New Construction No