Welcome to 49 Spring Street, a lovingly cared for home over the years. This is a rare find of a ranch style multi family with 3 units, 2 of which are first floor apartments. Neat and tidy, this property features natural connected gas for heat, beautiful original wood floors and replaced windows bringing in bright light throughout. Each first floor unit has 2 bedrooms and 1 bath with deck access. The fully renovated 3rd unit has 1 bedroom in the lower level with back door access and large windows overlooking yard. An under car garage is accessed from the back next to the unfinished basement space. Each unit is on its' own metered gas and electric. Unit 2 and 3 on month to month lease. All of this in the heart of Westerly. Enjoy relaxing on the expansive deck or strolling the sidewalk lined neighborhood. Walk to breakfast or dinner in downtown. Restaurants, groceries or Wilcox Park a short walk away. Shared driveway. HIGHEST AND BEST OFFERS DUE BY SATURDAY 3/11 AT 7PM
Sold for $499,000 on 04/19/23
$499,000
49 Spring St, Westerly, RI 02891
5beds
2,200sqft
Multi Family
Built in 1940
-- sqft lot
$617,400 Zestimate®
$227/sqft
$2,139 Estimated rent
Home value
$617,400
$580,000 - $654,000
$2,139/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 19, 2023 at 12:29pm
Listed by:
Holly Powell 860-961-2664,
BHHS New England Properties
Bought with:
Don Geehan, REB.0007760
Randall, Realtors Compass
Source: StateWide MLS RI,MLS#: 1331048
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Gas Connected
Cooling
- None
Appliances
- Included: Electric Water Heater, Gas Water Heater
- Laundry: In Unit
Features
- Wall (Dry Wall), Wall (Plaster), Skylight, Plumbing (Mixed), Ceiling Fan(s)
- Flooring: Hardwood, Laminate
- Windows: Skylight(s)
- Basement: Full,Walk-Out Access,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 5,082
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 5
- Parking features: Integral
- Attached garage spaces: 1
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 0.26 Acres
Details
- Parcel number: WESTM77B31
- Zoning: R6
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Aluminum Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Westerly
- Subdivision: Downtown Westerly
HOA & financial
Other financial information
- Total actual rent: 1600
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2023 | Sold | $499,000+26.3%$227/sqft |
Source:  StateWide MLS RI #1331048 | ||
| 3/12/2023 | Contingent | $395,000$180/sqft |
Source:  Berkshire Hathaway HomeServices New England Properties #1331048 | ||
| 3/12/2023 | Pending sale | $395,000$180/sqft |
Source: StateWide MLS RI #1331048 | ||
| 3/8/2023 | Listed for sale | $395,000$180/sqft |
Source: StateWide MLS RI #1331048 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,311 +2.4% | $425,600 +37.6% |
| 2024 | $3,232 +6.3% | $309,300 +2.7% |
| 2023 | $3,041 | $301,100 |
Find assessor info on the county website
Neighborhood: 02891
Nearby schools
GreatSchools rating
- 8/10State Street SchoolGrades: K-4Distance: 0.3 mi
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 2.5 mi
- 6/10Westerly High SchoolGrades: 9-12Distance: 0.7 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$617,400
2% more+ $12,348
With Zillow Showcase(estimated)
$629,748