Westerly RI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,245
Status:
Active
Beds:
8
Year built:
1900
Baths:
3.00
MLS#:
1371896
Subdivision:
Downtown Westerly

ADDITIONAL INFORMATION

This fully leased 3 family property produces income from Day One. A 7.79% CAP rate insures a strong return with the safety and security of a real estate investment. Each unit retains the charm of the building's 1900 origin while beaming 21st century qualities like hardwood floors, tall ceilings and sun-soaked rooms. All three residential units and both garage stalls are leased. See included Income and Expense sheet to review the details. There is plenty of parking for residents. Call today to arrange a private viewing.

Type:
Multi-Family
Sq.Ft.:
6,032
Status:
Active
Beds:
10
Lot size:
0.13 Acres
Year built:
1920
Baths:
4.00
MLS#:
1371796

ADDITIONAL INFORMATION

Attention investors, check out this awesome investment opportunity at 78-80 Pierce St in an OPPORTUNITY ZONE with possible tax deferment on eligible capital gains in Westerly! You've got two duplexes on one lot, making it a total of four units. It's perfect for anyone looking to dive into real estate or live in one unit and rent out the others. Located in a great spot, you're close to everything Westerly has to offer. Each unit has tenants in place. Being sold "AS IS, WHERE IS" With a solid rental history and room for growth, this property is a no-brainer for anyone looking to expand their portfolio. Don't miss out on this chance to own a versatile, income-generating property in a fantastic community. Come see it today and imagine the possibilities at 78-80 Pierce St!

Type:
Multi-Family
Sq.Ft.:
11,808
Status:
Active
Beds:
9
Lot size:
0.79 Acres
Year built:
1870
Baths:
4.00
MLS#:
1371145
Subdivision:
Downton

ADDITIONAL INFORMATION

Step back in time and experience Old World Elegance in this Gorgeous Victorian Duplex Home on Historic Elm Street. With original hardwoods, wood moldings, high ceilings, large rooms, pocket doors, period staircases, beautiful stunning floor-to-ceiling windows, several Marble Fireplaces, and a beautiful Front Porch, it is truly a one-of-a-kind home. This Period Duplex offers endless opportunities. It is currently used as a six-unit income-producing property; it can easily be converted back to the original magnificent Duplex that was or keep as an income-producing property with endless opportunities; maybe a condo complex, the .79-acre lot is a rare find on Elm Street. Walk to Granite Theater, Wilcox Park, Library, Shopping, Restaurants, a short ride to Watch Hill and all other Area Beaches, and so much more.

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Andrea Conner, License REC.0018633, Xome Inc., License REC.0018633, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.



Westerly Real Estate

The median home value in Westerly, RI is $480,600. This is lower than the county median home value of $542,000. The national median home value is $338,100. The average price of homes sold in Westerly, RI is $480,600. Approximately 54.46% of Westerly homes are owned, compared to 22.79% rented, while 22.74% are vacant. Westerly real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Westerly real estate agent to arrange a tour today!

Westerly, Rhode Island 02891 has a population of 23,352. Westerly 02891 is less family-centric than the surrounding county with 19.91% of the households containing married families with children. The county average for households married with children is 25.16%.

The median household income in Westerly, Rhode Island 02891 is $81,051. The median household income for the surrounding county is $92,001 compared to the national median of $69,021. The median age of people living in Westerly 02891 is 50 years.

Westerly Weather

The average high temperature in July is 79.6 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 48 inches per year, with 27 inches of snow per year.

Westerly Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    77
    30-day change

Westerly Schools and Demographics

Education near Westerly, RI

Metric City County
High School Graduates 92 94.47
College Degree - 2 year 7.77 8.87
College Degree - 4 year 36 46.09
Graduate Degree 11.66 14.52
Expenditures per Student 21,709 21,709
Students per Teacher 12.1 12.1

Elementary Schools near Westerly, RI

School Grades Students P/T Ratio ZIP
Ashaway Elementary School KG - 04 181 15.3 02804
Bradford Elementary School PK - 04 201 18.8 02808
Charlestown Elementary School KG - 04 281 14.1 02813
DUNN's Corners School KG - 04 277 14.4 02891
Springbrook Elementary School KG - 04 323 14.3 02891
State Street School KG - 04 372 14.2 02891

Middle Schools near Westerly, RI

School Grades Students P/T Ratio ZIP
Chariho Regional Middle School 05 - 08 988 15.2 02894
Westerly Middle School 05 - 08 882 13.4 02891

High Schools near Westerly, RI

School Grades Students P/T Ratio ZIP
Chariho High School 09 - 12 1,137 15 02894
Westerly High School 09 - 12 912 11.6 02891

Ungraded Schools near Westerly, RI

School Grades Students P/T Ratio ZIP
Chariho Career and Tech Center UG - UG 0 0 02894
The R.Y.S.E School 04 - 12 39 4.8 02894

Demographics near Westerly, RI 02891

Metric Zip Code City
Neighborhood Type Suburban
Population 23,352 129,735
Population Density 791 394
Median Age 50 44.8
People per Household 2.2 2.4
Median Household Income 81,051 92,001
Average Income per Capita 46,913 45,956