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.
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Zillow last checked:
Listing updated:
Listed by:
Caitlin Pannone401-258-3331,
Engel & Volkers Oceanside
Source: StateWide MLS RI,MLS#: 1421097
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Bathroom
Features: Bath w Tub, Bath w Shower Stall
Heating
Electric, Natural Gas, Oil, Steam
Cooling
None
Appliances
Included: Electric Water Heater, Dryer, Oven/Range, Refrigerator, Washer
Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
HOA
Has HOA: No
Location
Region: Westerly
Financial & listing details
Price per square foot: $173/sqft
Annual tax amount: $3,436
Date on market: 8/24/2026
Inclusions: Some Photos Have Been Digitally Decluttered.