17 Summer ST Active

Westerly,RI 02891

$ 775000

8 Beds

3 Baths

3245 SqFt


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

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