17 Summer Street
Westerly, RI 02891
- 8 beds
- 3 baths
- – sqft
- 1900 build
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.
Last checked:
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Last updated Dec 11, 2024
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MLS# 1371896 —
The Building
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Year Built:1900
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New Construction:false
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Building Area Total:3245.0
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Construction Materials:Drywall,Plaster,AluminumSiding
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Structure Type:Apartment
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Foundation Details:ConcretePerimeter,Stone
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Stories Total:3
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Basement:Full,Unfinished
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Basement:true
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Patio And Porch Features:Porch
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Exterior Features:Porch,PavedDriveway
Interior
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Interior Features:TubShower
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Flooring:Carpet,CeramicTile,Hardwood
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Fireplace:false
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Laundry Features:InUnit
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:41.374538
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Longitude:-71.823858
The Property
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Area:0.3
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Lot Size Square Feet:0.3
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Lot Size Units:SquareFeet
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Parcel Number:17SUMMERSTWEST
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Zoning:R6
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (860) 514-4440
- Office phone:
- (401) 514-4440
Taxes
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Tax Year:2024
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Tax Annual Amount:3993.0
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Tax Assessed Value:375400
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Tax Lot:108
Beds
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Bedrooms Total:8
Baths
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Bathrooms Total:3
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Bathrooms Full:3
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/17-Summer-Street-Westerly-RI-02891
Heating & Cooling
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Heating:Baseboard,Central,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:SewerConnected
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Electric:Volts110
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Sewer:Connected,PublicSewer
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Water Source:Connected,Public
Appliances
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Appliances:Dryer,Dishwasher,Disposal,Oven,Range,Refrigerator,WaterHeater
The Community
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Subdivision Name:Downtown Westerly
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Senior Community:false
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Community Features:Marina,NearSchools,PublicTransportation,RecreationArea,Shopping,Sidewalks
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Waterfront Features:WalkToWater
Parking
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Parking Total:5.0
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Parking Features:Detached,Garage,GarageDoorOpener
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Attached Garage:false
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Garage:true
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Garage Spaces:2.0
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Covered Spaces:2.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/27/24
Nov 27, 2024
|
Listed / Active | RIMLS | $775,000 | 87.9% (29.0% / YR) |
|
11/17/21
Nov 17, 2021
|
RIMLS | $412,500 | 35.2% (2.5% / YR) | |
|
7/31/07
Jul 31, 2007
|
SMART_MLS | $305,000 |
