Overview
- Updated On:
- November 9, 2024
- 8 Bedrooms
- 3 Bathrooms
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.
Address: 17 Summer Street
City: Westerly
Area: Downtown Westerly
State/County: Washington
Zip: 02891
Country: US
Open In Google Maps Property Id : 1419690
Price: $ 775,000
Rooms: 17
Bedrooms: 8
Bathrooms: 3
Association Fee: 0
Basement: Full,Bulkhead,Unfinished
Bathrooms Half: 0
Bathrooms Total Decimal: 3
Bridge Modification Timestamp: 2024-11-09T05:35:39.342Z
Building Area Total: 3245
Community Features: Bus,Marina,Private School,Public School,Recreational Facilities,Schools,Shopping
Construction Materials: Dry Wall,Plaster,Aluminum Siding
Contract Status Change Date: 2024-10-29
Cooling: None
Covered Spaces: 2
Electric: 110 Volts
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood,Carpet
Foundation Details: Concrete Perimeter,Stone
Garage Spaces: 2
Heating: Natural Gas,Baseboard,Central
Laundry Features: In Unit
List Agent Direct Phone: 860-514-4440
List Agent Email: Bill@FanREI.com
List Agent Full Name: Bill Fain
Listing Contract Date: 2024-10-29
Listing Id: 1371896
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Paved Driveway,Sidewalks
Lot Size Area: 0.3
Lot Size Square Feet: 0.3
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-11-09T05:31:51.420Z
Number Of Buildings: 2
Number of Units Total: 3
Original Entry Timestamp: 2024-10-29T13:57:29.230Z
Original List Price: 775000
Parking Features: Detached,Garage Door Opener
Parking Total: 5
Patio and Porch Features: Porch
Room Bathroom Features: Bath w Tub & Shower
Sewer: Connected,Public Sewer,Public
State or Province: RI
Status Change Timestamp: 2024-10-29T13:57:29.230Z
Stories: 3
Street Name: Summer
Street Number: 17
Street Suffix: Street
Structure Type: Apartment,Up/Down
Tax Annual Amount: 3993
Tax Year: 2024
Water Source: Connected,Municipal,Public
Waterfront Features: Walk To Water
Year Built: 1900
Zoning: R6
Other Features
Dishwasher
Disposal
Dryer
Has Garage
Has Heating System
Insulation: Unknown
Open Parking
Oven/Range
Plumbing: Mixed
Porch
Property Attached
Refrigerator
Stairs
Walls: Dry Wall,Plaster
$ 3,004.83
per month- Principal and Interest
- Property Tax
- HOA fee
$ 3,004.83
Similar Listings
18 inglewood Road, East Providence, Resident...
$ 585,000
This recently renovated Multi-Family is perfect for an investment or owner occupied. Locat ...
This recently renovated Multi-Family is perfect for an investment or owner occupied. Located in a well-established ...
910 Park Avenue, Cranston, Residential Incom...
$ 799,900
Unique opportunity to own this beautiful brick building offering 6 units with 1 bed and 1 ...
Unique opportunity to own this beautiful brick building offering 6 units with 1 bed and 1 bath each. Building is fi ...
26 Hudson Street, Providence, Residential In...
$ 949,000
Seize the chance to own this beautifully maintained 3 family property, ideally located in ...
Seize the chance to own this beautifully maintained 3 family property, ideally located in Providence’s desirable We ...
122 Ontario Street, Providence, Residential ...
$ 649,900
This expansive 3,344 sq. ft. 3-unit property in Elmwood is a fantastic opportunity for inv ...
This expansive 3,344 sq. ft. 3-unit property in Elmwood is a fantastic opportunity for investors or owner-occupants ...
