36 Ledward Avenue Westerly

$625,000
6 2 2,234 sq ft

The Property

A rare investment opportunity in Westerly. This well-maintained duplex—cherished by the same family for nearly three decades—sits on a full acre of beautifully manicured lawn with mature trees and room to expand. This property meets the requirements for an ADU and still holds significant potential. Buyer to verify.

Each unit offers 3 bedrooms, 1 bathroom, and a versatile bonus room ideal for storage, a home office, or a creative space. The entire property has just been freshly painted, setting the stage for your vision. With a bit of added TLC, the potential here is exceptional. Rent both units for strong cash flow, or live in one and Airbnb/VRBO the other to significantly offset your mortgage. Current three-bedroom rentals in Westerly commonly exceed $2,000 per month, making this a high-demand, high-return opportunity. A two-car garage and two additional sheds provide abundant storage. The location is unbeatable—just a short walk to downtown Westerly, Westerly High School, restaurants, shops, and community amenities, and only a 10-minute drive to the beach. Convenience meets coastal living. Whether you’re an investor seeking reliable rental income or a homeowner looking for flexibility and long-term value, this spacious, well-cared-for multifamily property stands out in today’s market. Opportunities like this don’t come around often.

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Listing Details

MLS Number

1414812

Lot Size:

0.97 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Utility
  • Commuter Bus
  • Highway Access
  • Hospital
  • Public School
  • Restaurants
  • Schools
  • Near Swimming
  • Heating: Oil, Baseboard, Zoned
  • Heating Fuel: Oil, Baseboard, Zoned
  • Garage: 1
  • Laundry
  • Out Building
  • Paved Driveway
  • Year Built: 1860

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Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today54-96.2% decrease in inventory
    New on Market *3811.8% increase in new listings
    Avg. Asking Price/Sq.Ft. *$890.97$237 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,064,213$220,013 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.27%0% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$534.52$157 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8168 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Alpern And Mesenbourg

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