Welcome to 61 Spring St, Manville, a unique investment gem! With four well-appointed units, this property offers versatility and steady rental income. The solar panels not only contribute to a greener footprint but also promise reduced future operating costs. Located in a sought-after area, this is an opportunity for savvy investors seeking a blend of modern amenities, sustainability, and financial prudence. 12 total bedrooms throughout the building provides great opportunities for investors to secure profitable market rents. Plenty of storage in the basement as well as coin-op laundry for extra income. Act now to secure your stake in this promising real estate venture! SUBJECT TO BUYERS SUCCESSFULLY TRANSFERRING CURRENT SOLAR PANEL CONTRACT! HIGHEST AND BEST DUE SUNDAY 2/4 10:00 AM
Sold for $615,000
$615,000
61 Spring St, Manville, RI 02838
12beds
5,650sqft
Multi Family
Built in 1900
-- sqft lot
$744,700 Zestimate®
$109/sqft
$1,971 Estimated rent
Home value
$744,700
$700,000 - $797,000
$1,971/mo
Zestimate® history
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$1,971/mo
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$3,702/mo
Est. payment
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Est. payment
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Zillow last checked: 8 hours ago
Listing updated: April 05, 2024 at 09:08am
Listed by:
The DiSpirito Team 401-244-8355,
Engel & Volkers Oceanside
Bought with:
The DiSpirito Team
Engel & Volkers Oceanside
Source: StateWide MLS RI,MLS#: 1351845
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
- Laundry: Common Area
Features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Vinyl, Carpet
- Basement: Full,Interior Entry,Unfinished,Common,Laundry,Storage Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,792
- Total interior livable area: 5,650 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 8,102 sqft
- Features: Sidewalks
Details
- Zoning: RG7
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Other Siding
- Foundation: Concrete Perimeter, Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Highway Access, Private School, Public School, Railroad, Recreational Facilities, Schools
Location
- Region: Manville
- Subdivision: Manville
HOA & financial
Other financial information
- Total actual rent: 6400
Price history
| Date | Event | Price |
|---|---|---|
| 4/5/2024 | Sold | $615,000-0.8%$109/sqft |
Source:  StateWide MLS RI #1351845 Report a problem | ||
| 2/5/2024 | Pending sale | $620,000$110/sqft |
Source: StateWide MLS RI #1351845 Report a problem | ||
| 1/31/2024 | Listed for sale | $620,000-22%$110/sqft |
Source: StateWide MLS RI #1351845 Report a problem | ||
| 1/29/2024 | Listing removed | -- |
Source: StateWide MLS RI #1348962 Report a problem | ||
| 1/25/2024 | Listed for sale | $795,000$141/sqft |
Source: StateWide MLS RI #1348962 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Manville
Nearby schools
GreatSchools rating
- 5/10Northern Lincoln ElementaryGrades: PK-5Distance: 0.4 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 3.7 mi
- 9/10Lincoln Senior High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$744,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$744,700