Sold
Last Sold Price
5 beds5,608 sqft$46/sqft
58 Spruce St, Westerly, RI 02891
Multi FamilyProperty Type
6,534 sq ftLot Size
1920Year Built
$46/sq ftPrice per sq ft
2 carsParking Spaces

Description

Investors take notice! This multi-family home is full of potential, the home needs work and is being sold as is. For many years at street level there was a commercial flower shop also; Please due your due diligence it is zoned GC. This property is walking distance to downtown Westerly and close to all local amenities.Investors take notice! This multi-family home is full of potential, the home needs work and is being sold as is. For many years at street level there was a commercial flower shop also; Please due your due diligence it is zoned GC. This property is walking distance to downtown Westerly and close to all local amenities.
  • Listed by: Tracy ODonnell 401.480.9515 tracyodonnell@bhhsne.com Brokerage DRE #REC.0017226 • BHHS New England Properties
Listing closed: 01/18/2024 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1347123

Amenities

  • Air Conditioning
  • Basement
  • Detached Parking
  • Electric Oven
  • Full Basement
  • Garage
  • Golf Course Community
  • Hardwood Floors

Location

Listing Courtesy of BHHS New England Properties

Sold By BHHS New England Properties

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Payment Calculator

$1,511 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,306

Property Taxes

$205

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 58 Spruce Street

Property Details
  • Taxes: $2,462 / year
  • MLS Type: Residential Income / Multi Family
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1920
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant
  • Postal City: Westerly
  • Postal Code: 02891
  • Postal Code Plus4: 1990
  • State Or Province: RI
  • Zoning: GC
  • 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: 2
Taxes and HOA Information
  • Tax Annual Amount: $2,462.00
  • Tax Assessed Value: 225700
  • Tax Lot: 136
  • Tax Map Number: 047
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Fin SQFT: 5608.0
  • Building Area Total: 5608.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.15
  • Lot Size Area: 6534.0
  • Lot Size Square Feet: 6534.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 58SPRUCESTWEST
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Condition: Fixer
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1920
  • C L I P: 3,230,256,035
Utilities
  • Electric: Amps200Or More
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Combination, Concrete Perimeter
Interior Features
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Basement: Full, Partially Finished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5
  • Cooling: Wall Units
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Laminate, Other
  • Heating: Oil, Steam
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Rooms Total: 9
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1500.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Occupant Type: Owner
  • Unit Type Area: 2138.0
  • 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

Property History for 58 Spruce Street

DateEvent & SourcePriceAppreciation
Jan 18, 2024

Sold

Rhode Island Association of REALTORS® #1347123

$257,000
Jan 17, 2024

Sold (Public Record)

Public Record #1525903365

$257,000

+2.9% / yr

Nov 25, 2023

Contract Signed

Rhode Island Association of REALTORS® #1347123

DateEvent & SourcePrice
01/18/2024

Sold

Rhode Island Association of REALTORS® #1347123

$257,000
01/17/2024

Sold (Public Record)

Public Record #1525903365

$257,000

+2.9% / yr

11/25/2023

Contract Signed

Rhode Island Association of REALTORS® #1347123

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

Public Records for 58 Spruce Street

Taxable ValueLand$144,700Additions$100,300Total$245,000
Tax Record2025$1,906 ($159 / month)
Home Facts
Baths4Total Finished SqFt2,703 SqFtAbove Grade Finished SqFt2,703 SqFtStories1Lot Size6,595 SqFtStyleDuplexYear Built1920Year Renovated1920CountyWASHINGTONAPNWEST M:47 B:136

Schools near 58 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 58 Spruce Street, Westerly, RI 02891
$257,000
5
5,608
6,534
2
5,070
2
2,225
13,420
9
9,160
$350,000
3
3,052
9,148
48,787

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 BHHS New England Properties

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.