11 Summer St

Westerly, RI 02891

$425,000
Last Sold Price
6
Beds
4,370 Sq. Ft.
$97 / Sq. Ft.
4,370
Sq. Ft.
$97
per Sq. Ft.
Closed 8/25/21
Closed 8/25/21
1st floor
2nd Floor

Description

Turn key Investment property on beautiful Summer Street which is centrally located and within walking distance to Downtown Westerly with all of the theatre, pubs and restaurants. This 3 family home has been in the same family for decades and has been lovingly upgraded throughout the years. Upgrades include the roof, gutters, vinyl siding, vinyl windows, hot water heaters and there are washer and dryer hookups in the dry basement for each unit. The chimney was re built and has a liner and the porch...Turn key Investment property on beautiful Summer Street which is centrally located and within walking distance to Downtown Westerly with all of the theatre, pubs and restaurants. This 3 family home has been in the same family for decades and has been lovingly upgraded throughout the years. Upgrades include the roof, gutters, vinyl siding, vinyl windows, hot water heaters and there are washer and dryer hookups in the dry basement for each unit. The chimney was re built and has a liner and the porch banisters were replaced as well. Each unit has 2 Bedrooms and 1 bath are spacious and sunny with the charm of a turn of the century home. Long term tenants are in each unit with great rental histories. Only cosmetics needed if you choose! The property is complete with city water, sewer and natural gas. A 2 car garage completes the amenities. Showings start this Thursday and Friday from 4-5:30PM.

Property Details for 11 Summer Street

Subdivision Name
Walk to Downtown Westerly
LISTING UPDATED: 04/03/2023 08:17 AM

Property Details for 11 Summer Street

StatusClosed
MLS #1289904
Days on Market5
Taxes$3,651 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.26 AC / 11,227 SF
CountyWashington County

Location

Listing Courtesy of Schilke Realty

Sold By Keller Williams Realty

Add your commute

Building Information for 11 Summer Street

Stories3Residences3Year Built1900Building Size-Lot Size0.26 AC / 11,227 SF

Payment Calculator

$2,404 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,100

Property Taxes

$304

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11 Summer Street

Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Tennis Courts, Sidewalks
  • Postal City: Westerly
  • Postal Code: 02891
  • Postal Code Plus4: 7423
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 5
Taxes and HOA Information
  • Tax Annual Amount: $3,651.00
  • Tax Assessed Value: 342000
  • Tax Lot: 110
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 4370.0
  • Building Area Total: 4370.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.2577
  • Lot Size Area: 11227.0
  • Lot Size Square Feet: 11227.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 11SUMMERSTWEST
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 4,462,398,666
Utilities
  • Electric: Amps100
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
Interior Features
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Hardwood, Laminate
  • Heating: Gas
  • Heating Y N: Yes
  • Laundry Features: Common Area
  • Patio And Porch Features: Porch
  • Rooms Total: 15
Multi Family
Income & Expenses Information
  • Operating Expense: $3,870.00
Unit 1 Information
  • Actual Rent: $900.00
  • Unit Type Area: 750.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,100.00
  • Unit Type Area: 848.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,000.00
  • Unit Type Area: 1076.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 11 Summer Street

DateEvent & SourcePriceAppreciation
Aug 25, 2021

Sold

Rhode Island Association of REALTORS® #1289904

$425,000—
Aug 8, 2021

Contract Signed

Rhode Island Association of REALTORS® #1289904

—
Aug 3, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1289904

$399,000—
DateEvent & SourcePrice
08/25/2021

Sold

Rhode Island Association of REALTORS® #1289904

$425,000
08/08/2021

Contract Signed

Rhode Island Association of REALTORS® #1289904

—
08/03/2021

Listed (Active)

Rhode Island Association of REALTORS® #1289904

$399,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11 Summer Street

Taxable ValueLand$153,200Additions$357,900Total$511,100
Tax Record2025$3,976 ($331 / month)
Home Facts
Baths3Total Finished SqFt2,916 SqFtAbove Grade Finished SqFt2,916 SqFtStories3Lot Size11,227 SqFtStyleTriplexYear Built1900CountyWASHINGTONAPNWEST M:67 B:110

Schools near 11 Summer Street

This home is within Westerly School District.
Rating
School
Type
Grades
Distance
State Street School
Public - K to 4
Westerly Middle School
Public - 5 to 8
Westerly High School
Public - 9 to 12
Springbrook Elementary School
Public - K to 4
Rating
School
Distance
State Street School
PublicK to 4

Westerly Middle School
Public5 to 8

Westerly High School
Public9 to 12

Springbrook Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Schilke Realty

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.