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Sold on 04/11/2024

3 Spruce Dr, Hope, RI 02831

$571,000

Last sold 04/11/2024 for $460K

  • 2

    bed

  • 2

    bath

Multi-family not for sale
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About 3 Spruce Dr

Property type Multi-family
Year built 1970
HOA fee $0/month
Lot size 10,777 Sqft
Movoto estimate
Rental estimate
Property description
Waterfront on the Pawtuxet River is where you will find this legal duplex nestled in the heart of picturesque Hope,R.I. Enjoy the beauty of the river or sit out on the patio watching the ducks and geese playing in the water or relax by the fire-pit on a lovely summer night. Enjoy kayaking and canoeing from your back yard. You will definitely enjoy waking up with the breathtaking view of the river. The right side of the duplex is currently being used as an Airbnb. Tenant on left side is related to family and their rent is below market value. The Airbnb is generating good income. Income and expenses will be provided. Property is approved within the town as a legal 2 family and a legal Airbnb. The use will transfer with the sale. The Airbnb unit has been totally remodeled . Reviews posted on Airbnb such as Pristine, beautiful view, very quiet and peaceful. Definitely recommend to anyone .The possibilities for this property are endless, Either owner occupied in one of the units and collect rent for tenant or continue the use of the Airbnb. Furniture on the Airbnb side is available for purchase.
Listed by
Listing Agent - Janet AUDET
Listing Office - Coldwell Banker Realty
Source: State-Wide MLS mls logo
MLS#1345231 • last updated 2 years ago
Movoto checked State-Wide MLS for data 46 minutes ago
Overview
Cooling/AC Central Air
Levels/Style Apartment, Side By Side
MLS # 1345231
Virtual Tour N/A
SubType Multi Family
Status Closed
Lot Size (SqFt) 10775
Lot Size (Acres) 0.2474
Property Tax 4425
Tax Assessed Value 264000
Year Built 1970
Interior
Total # of Bathrooms 2
# of Full Baths 2
Totall # of Bedrooms 2
Total # of Rooms 7
Fireplace Masonry
Accessibility Features Accessible Approach With Ramp
Window Features Thermal Windows
Exterior
Foundation Concrete Perimeter
Parking No Garage
# of Parking Spaces 6
Patio/Porch Deck
Other Structures Outbuilding
Amenities / Utilities
Sewer/ Septic Septic Tank
Location
View Water
County Providence
Subdivision Ring Rock Acres
APN 3SPRUCEDRSCIT
Multifamily Details
Total # of Units 2
$571K
Range: $513K-$628K
Last 30 days 
Rental est.: $2,335/month
Gross rent multiplier: 16.4
  • Apr 2024
    mls logo MLS # 1345231
  • Apr 11, 2024 Sold
    $460,000
  • Feb 23, 2024 Pending
    —
  • Feb 1, 2024 Listed
    —
  • Jan 26, 2024 Active
    —
  • Jan 26, 2024 Pending
    —
  • Oct 3, 2023 Listed
    $489,900
  • Oct 3, 2023 Listed
    $489,900 (+277.1%)
  • Apr 2024
    Public Records
  • Apr 11, 2024 Sold
    $460,000 (-6.1%)
  • Apr 2013
    Public Records
  • Apr 24, 2013 Sold
    $129,900
  • Apr 2013
    mls logo MLS # 1017128
  • Apr 24, 2013 Sold
    $129,900
  • May 12, 2012 Listed
    $129,900
  • Year Property taxes Tax assessment
  • 2024
    $4,575 +3.4%
    $264,000
  • 2023
    $4,425 +4.4%
    $264,000 +2.01%
  • 2022
    $4,239 +21.9%
    $258,800 +37.66%
  • 2021
    $3,476 +1.2%
    $188,000
  • 2020
    $3,435 +2.1%
    $188,000
  • 2019
    $3,363 +22.9%
    $188,000 +33.24%
  • 2018
    $2,736 +3.0%
    $141,100
  • 2017
    $2,656 +4.4%
    $141,100
  • 2016
    $2,545 -7.6%
    $141,100
  • 2015
    $2,753
    —
  • 3 Spruce Dr
    $460K
  • —
  • 02831
    $699K +7% y/y
  • Hope
    $899K +33% y/y
No chart available
Statistics calculated by Movoto

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6/10
Hope School
public Grades K-5
Scituate School District
7/10
Scituate Middle School
public Grades 6-8
Scituate School District
8/10
Scituate High School
public Grades 9-12
Scituate School District
Source: GreatSchools.org © 2026. All rights reserved.

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