Sold
Last Sold Price
8 beds6,390 sqft$67/sqft
174 Main St, Westerly, RI 02891
Multi FamilyProperty Type
9,147 sq ftLot Size
1880Year Built
$67/sq ftPrice per sq ft
8 carsParking Spaces

Description

GREAT investment property on Historic Main St., which is currently in revitalization through the efforts of the Westerly Revolving Fund. This four unit home is within walking distance to all the downtown amenities including the theater, arts, entertainment, restaurants and the beautiful Wilcox Park. Or if you prefer, you can relax on the large front porch while watching the boaters throttling and the kayakers paddling up and down the Historic Pawcatuck River, which is now under federal protection...GREAT investment property on Historic Main St., which is currently in revitalization through the efforts of the Westerly Revolving Fund. This four unit home is within walking distance to all the downtown amenities including the theater, arts, entertainment, restaurants and the beautiful Wilcox Park. Or if you prefer, you can relax on the large front porch while watching the boaters throttling and the kayakers paddling up and down the Historic Pawcatuck River, which is now under federal protection as it was recently designated a National Wildlife & Scenic River . Then, there are RI's beautiful beaches, fishing or tennis anyone? Come and take a stroll in downtown Westerly and enjoy it all! The property is located in the RI Opportunity Zone for potential capital gains deferral.
  • Listed by: Cynthia Gardiner 401.714.6061 cindy.gardiner@coldwellbanker.com Brokerage DRE #REB.0012535 • Coldwell Banker Coastal Homes
Listing closed: 12/16/2019 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1239027

Amenities

  • Baseboard Heating
  • Basement
  • Common Laundry
  • Electric Heat
  • Full Basement
  • Golf Course Community
  • Hot Water Heating
  • Marina

Location

Listing Courtesy of Coldwell Banker Coastal Homes

Sold By RE/MAX Professionals

Add your commute

Payment Calculator

$2,512 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,222

Property Taxes

$290

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 174 Main Street

Property Details
  • Taxes: $3,476 / year
  • MLS Type: Residential Income / Multi Family
Building Information
  • Stories: 3
  • Residences: 4
  • Year Built: 1880
  • Lot Size: 0.21 AC / 9,147 SF
Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping
  • Postal City: Westerly
  • Postal Code: 02891
  • State Or Province: RI
  • Zoning: DC11
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $3,476.00
  • Tax Assessed Value: 304600
  • Tax Lot: 38
  • Tax Year: 2019
Property
Lot Information
  • Above Grade Fin SQFT: 6390.0
  • Building Area Total: 6390.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.21
  • Lot Size Area: 9147.6
  • Lot Size Square Feet: 9147.6
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 174176MAINSTWEST
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Conventional
  • 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: 1880
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block
Interior Features
  • Appliances: Electric 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: 8
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Other
  • Heating: Baseboard, Electric, Oil
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Laundry Features: Common Area, In Unit
  • Rooms Total: 16
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,250.00
  • Unit Type Area: 972.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $800.00
  • Unit Type Area: 771.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,148.00
  • Unit Type Area: 972.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $875.00
  • Unit Type Area: 771.0
  • Baths Total: 1
  • Beds Total: 1
  • 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 174 Main Street

DateEvent & SourcePriceAppreciation
Dec 16, 2019

Sold (Public Record)

Public Record #659182028

$430,000

+1.0% / yr

Dec 16, 2019

Sold

Rhode Island Association of REALTORS® #1239027

$430,000
Nov 15, 2019

Contract Signed

Rhode Island Association of REALTORS® #1239027

DateEvent & SourcePrice
12/16/2019

Sold (Public Record)

Public Record #659182028

$430,000

+1.0% / yr

12/16/2019

Sold

Rhode Island Association of REALTORS® #1239027

$430,000
11/15/2019

Contract Signed

Rhode Island Association of REALTORS® #1239027

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

Public Records for 174 Main Street

Taxable ValueLand$145,000Additions$353,800Total$498,800
Tax Record2025$3,881 ($323 / month)
Home Facts
Baths4Total Finished SqFt3,774 SqFtAbove Grade Finished SqFt3,774 SqFtStories3Lot Size9,049 SqFtStyleMulti-Family Res (5+ Units)Year Built1880Year Renovated1880CountyWASHINGTONAPNWEST M:76 B:38

Schools near 174 Main 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.

Listing Courtesy of Coldwell Banker Coastal Homes

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.