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Sold for $540,000 on 11/30/23
  • $540,000

    11 Spruce St, Westerly, RI 02891

    8beds
    2,907sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $635,800 Zestimate®
    $186/sqft
    $2,424 Estimated rent

    Home value

    $635,800

    $585,000 - $687,000

    $2,424/mo

    Zestimate® history
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    $2,424/mo

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    $3,241/mo

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    What's special

    Fully rented 3 family home in the heart of Westerly! Connected to city water, sewer and gas. Off-site parking for tenants. Located near downtown Westerly, train station, Rt 95, Schools, and Westerly beaches. Rent rolls are $4,600.00 monthly with tenants paying their own utilities. Landlord pays for water/sewer, rubbish removal, snow removal and landscape. Review all disclosures, ROI, previous inspection & repairs before requesting showing. 1st floor leased until April (would like to stay), 2nd floor leased until 6.30, 25, 3rd floor leased until 12.31, 2024. 2nd and 3rd floor are paying $1200 in November & December, their new rents of $1300 start January 1st.

    Zillow last checked: 8 hours ago

    Listing updated: December 01, 2023 at 07:37am

    Listed by:

    Sandy Bliven 401-286-2571,

    RE/MAX South County,

    Elizabeth Andersen Warner 401-714-6359,

    RE/MAX South County

    Bought with:

    Leanne McCormick, RES.0043103

    Milestone Realty, Inc.

    Source: StateWide MLS RI,MLS#: 1347610MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Building
    Features
    • Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
    • Basement: Full,Interior and Exterior,Unfinished,Laundry,Utility
    • Has fireplace: No
    Interior area
    • Total structure area: 2,907
    • Total interior livable area: 2,907 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 0.25 Acres
    • Features: Sidewalks
    Details
    • Parcel number: WESTM57B137
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    Location
    • Region: Westerly

    HOA & financial

    Other financial information
    • Total actual rent: 4600

    Price history

    DateEventPrice
    11/30/2023Sold$540,000+2.9%$186/sqft
    Source: StateWide MLS RI #1347610
    11/14/2023Pending sale$525,000$181/sqft
    Source: StateWide MLS RI #1347610
    11/8/2023Listed for sale$525,000+43.6%$181/sqft
    Source: StateWide MLS RI #1347610
    4/13/2021Listing removed--
    Source: RE/MAX International
    4/9/2021Listed for rent$1,500+15.4%$1/sqft
    Source: RE/MAX International #1279589

    Public tax history

    YearProperty taxesTax assessment
    2025$3,930 +2.6%$505,200 +37.8%
    2024$3,831 +3.5%$366,600
    2023$3,703 $366,600

    Find assessor info on the county website

    Neighborhood: 02891

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $635,800
    2% more+ $12,716
    With Zillow Showcase(estimated)
    $648,516