Sold
Last Sold Price
12 beds5,807 sqft
14 Spruce St, Westerly, RI 02891
Multi FamilyProperty Type
0.35 acresLot Size
1900Year Built
$71/sq ftPrice per sq ft
4 carsParking Spaces

Description

2 buildings on this one lot gives the benefit of a 4 rental units or owner occupied income property. One single family and one 3 family. All new wiring, upgraded electrical system new boiler and hot water heater in the 3 family unit. The 1st and 2nd floor share the new oil boiler, owner pays heat for these rentals units. The 3rd floor unit is gas heat, and single family is oil heat, renters in these units pay for their heat. Occupied by long term renters, with good rental history. Deep and large...2 buildings on this one lot gives the benefit of a 4 rental units or owner occupied income property. One single family and one 3 family. All new wiring, upgraded electrical system new boiler and hot water heater in the 3 family unit. The 1st and 2nd floor share the new oil boiler, owner pays heat for these rentals units. The 3rd floor unit is gas heat, and single family is oil heat, renters in these units pay for their heat. Occupied by long term renters, with good rental history. Deep and large lot offer common lawn area for renters. Off street parking. Easy walk to downtown or uptown Westerly. 2015-2017 income and expenses available.
  • Listed by: Denise Fusaro 401.265.9148 denise@randallrealtors.com Brokerage DRE #REB.0018084 • Randall REALTORS
Listing closed: 07/09/2019 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1198916

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Randall REALTORS

Sold By RE/MAX South County

Add your commute

Payment Calculator

$2,576 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,205

Property Taxes

$371

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 14 Spruce Street

Property Details
  • Taxes: $4,452 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: In Town
  • Waterfront Features: Water Access
Building Information
  • Stories: 3
  • Residences: 4
  • Year Built: 1900
  • Lot Size: 0.35 AC / 15,148 SF
Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Westerly
  • Postal Code: 02891
  • Postal Code Plus4: 1966
  • State Or Province: RI
  • Zoning: R6
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $4,452.00
  • Tax Assessed Value: 426700
  • Tax Lot: 128
  • Tax Year: 2018
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 5807.0
  • Building Area Total: 5807.0
  • Frontage Length: 70
  • Living Area Source: Public Records
  • Lot Size Acres: 0.3478
  • Lot Size Area: 15148.0
  • Lot Size Square Feet: 15148.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 14SPRUCESTWEST
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Fha, Va
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 1,095,825,219
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
Interior Features
  • Appliances: Tankless Water Heater, Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 12
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Heating: Gas, Hot Water, Oil, Steam
  • Heating Y N: Yes
  • Interior Features: Cable Tv
  • Patio And Porch Features: Porch
  • Rooms Total: 26
Multi Family
Income & Expenses Information
  • Operating Expense: $17,444.00
Unit 1 Information
  • Actual Rent: $1,300.00
  • Description: Renter pays oil heat
  • Unit Type Area: 1008.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $850.00
  • Description: Renter pays Gas Heat
  • Unit Type Area: 590.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Description: Oil Heat Included
  • Occupant Type: Vacant
  • Unit Type Area: 1131.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,100.00
  • Description: Oil Heat included-Renter mows lawn for $100/month reduction in rent $1,000
  • Unit Type Area: 1414.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 14 Spruce Street

DateEvent & SourcePriceAppreciation
Jul 9, 2019

Sold (Public Record)

Public Record #648392539

$413,000

+5.0% / yr

Jul 9, 2019

Sold

Rhode Island Association of REALTORS® #1198916

$413,000—
Jun 16, 2019

Contract Signed

Rhode Island Association of REALTORS® #1198916

—
DateEvent & SourcePrice
07/09/2019

Sold (Public Record)

Public Record #648392539

$413,000

+5.0% / yr

07/09/2019

Sold

Rhode Island Association of REALTORS® #1198916

$413,000
06/16/2019

Contract Signed

Rhode Island Association of REALTORS® #1198916

—

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

Public Records for 14 Spruce Street

Taxable ValueLand$177,900Additions$614,500Total$792,400
Tax Record2025$6,165 ($514 / month)
Home Facts
Beds0Lot Size15,148 SqFtStyleSingle Family ResidenceCountyWASHINGTONAPNWEST M:57 B:128

Schools near 14 Spruce Street

This home is within Westerly School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
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.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Randall REALTORS

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.