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Shomari Lewis

shomari.lewis@engelvoelkers.com +1(401) 864-1786

$ 625,000

Est. payment -/mo

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Open Wed 4:30PM-6PM

18 Spring ST Westerly, RI 02891

6 Beds

4 Baths

3,614 SqFt

Open House

Wed Aug 26, 4:30pm - 6:00pm

Sat Aug 29, 12:00pm - 1:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,614 sqft

Price per Sqft $172

MLS Listing ID 1421097

Style Stacked

Bedrooms 6

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,614

Year Built 1900

Annual Tax Amount $3,436

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Multi Family

Property Description

The bones are right, and the price reflects the work. A buyer who has done this before will see immediately what this property is worth with a little TLC. First time on the market, this rare four-unit multi-family sits a 10-minute walk from historic downtown Westerly, shops, restaurants, the Amtrak station, and just 12 minutes from Westerly's beaches, Misquamicut, and Watch Hill. The first and second-floor units each offer over 1,100 square feet of living space, with two bedrooms, a double parlor, and hardwoods throughout. Unit 1R is a spacious one-bedroom with a formal dining room and large living room with its own private entrance, privacy fence, and side yard. The third floor is a cozy retreat with an extra room for storage or a home office. Recent improvements include all-new replacement windows in Unit 1L completed by October, two brand-new heating systems, and all-new water tanks. A four-bay garage and garden areas complete the property. Fully rented with long-standing tenants, 18 Spring Street offers the year-round consistency and reliability that make it an ideal investment property for investors, owner-occupants, or those looking to add a great property to their portfolio. Property Is Being Sold As-Is.

Location

State RI

County Washington

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Storage, Stall Shower, Tub Shower

Heating Electric, Gas, Oil, Steam

Cooling None

Flooring Hardwood, Laminate, Other, Vinyl, Carpet

Fireplaces Number 2

Fireplaces Type Masonry

Inclusions Some Photos Have Been Digitally Decluttered.

Fireplace Yes

Appliance Dryer, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer

Laundry In Unit

Exterior

Exterior Feature Paved Driveway

Parking Features Detached

Garage Spaces 4.0

Community Features Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 14

Garage Yes

Building

Foundation Concrete Perimeter, Stone

Sewer Connected

Water Connected

Architectural Style Stacked

Structure Type Plaster,Aluminum Siding

New Construction No

Others

Senior Community No

Tax ID 18SPRINGSTWEST

Virtual Tour https://tour.RiLiving.com/18-Spring-Street-Westerly-RI-02891

Listed by Engel & Volkers Oceanside

NEARBY SCHOOLS & PROPERTIES

Shomari Lewis

Advisor | License ID: 9574211

+1(401) 864-1786

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