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17 Summer Street

Westerly, RI 02891
  • $775,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 1371896
UPDATED: 37 min ago
$775,000
  • 8
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,245
    SQFT
  • $239
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

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.

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[Rhode Island Statewide MLS] logo

© 2025 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 The Quinn Group at RE/MAX RESULTS 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 The Quinn Group at RE/MAX RESULTS. 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: 2025-01-24T08:37:50.077.
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17 Summer Street Westerly, RI 02891

  • Price: $775,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 37 min ago
  • MLS #: 1371896
8
Beds
3
Baths
0
½ Baths
N/A
Acres
3,245
SQFT
$239
$/SQFT
1900
Built
Neighborhood:
Downtown Westerly
County:
Washington
Area:
Westerly
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.
Exterior Features

Construction Materials Drywall Plaster Aluminum Siding Covered Spaces 2 Exterior Features Porch Paved Driveway Foundation Details Concrete Perimeter Stone Garage YN Yes Parking Features Detached Garage Garage Door Opener Parking Total 5 Patio And Porch Features Porch Waterfront Features Walk to Water

Interior Features

Appliances Dryer Dishwasher Disposal Oven Range Refrigerator Water Heater Basement Full Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Carpet Ceramic Tile Hardwood Heating Baseboard Central Gas Heating YN Yes Interior Features Tub Shower

Property Features

Association Fee 0 Attached Garage YN No Community Features Marina Near Schools Public Transportation Recreation Area Shopping Sidewalks Electric 110 Volts Human Modified YN No Land Lease YN No Laundry Features In Unit New Construction YN No Operating Expense 9631 Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Structure Type Apartment Tax Annual Amount 3993 Tax Assessed Value 375400 Tax Lot 108 Tax Year 2024 Tenant Pays Hot Water Utilities Sewer Connected Water Source Connected Public Zoning R6

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Fantastic Real Estate & Invest: .



[Rhode Island Statewide MLS] logo

© 2025 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 The Quinn Group at RE/MAX RESULTS 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 The Quinn Group at RE/MAX RESULTS. 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: 2025-01-24T08:37:50.077.
 
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