2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly
2 Elm Street, Westerly

2 Elm Street Westerly

$885,000
4 1.5 3,712 sq ft

Map View Street View

The Property

THE CROWN JEWEL! 2 Elm Street, Westerly, RI. The most majestic property in Beautiful Downtown Westerly is ready to take on its’ next life. Looking down from its’ perch at the top of Broad Street, she presides over Town. This will once again be the grand Lady it has been in the past.

This opportunity is one of a kind, and can be taken advantage of for a variety of potential usages. A single family residence, a rental property, an Inn, a multi-unit property, or an extension of any high end real estate portfolio. Sitting directly next door to the Granite Theatre, you are a stones throw to gorgeous Wilcox Park, and all that Downtown Westerly has to offer. Fine dining, lively Pubs, and beautiful shops abound. Take a stroll to the river or through the Park. Enjoy mornings with coffee and conversation, and happy hour evenings leading to wonderful dinners downtown. Envision the grand front lawn with a western facing patio, complete with fire pits and gorgeous sitting areas looking over beautiful Downtown Westerly. This restoration is HGTV worthy! The seller is willing to partner with the right group that sees the unreal potential here, or to step aside and allow the next owner to complete their own vision. Public water and sewer are in place, along with natural gas. The lot should be able to sustain an ADU (another 2BR unit) and garage expansion in the rear!! There will never be another 2 Elm Street to duplicate this opportunity for a Downtown HOME or business opportunity!!

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Listing Details

MLS Number

1410935

Lot Size:

0.46 acres

Features

  • Basement: Full, Bulkhead, Unfinished, Storage Space
  • Highway Access
  • Hospital
  • Marina
  • Railroad
  • Restaurants
  • Schools
  • Shopping
  • Fireplace: Marble
  • Heating: Natural Gas, Oil, Baseboard, Steam
  • Heating Fuel: Natural Gas, Oil, Baseboard, Steam
  • Sidewalks
  • Type: Colonial
  • Year Built: 1860
  • Water Amenities: River, Walk To Water

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Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today61-95.8% decrease in inventory
    New on Market *4313.2% increase in new listings
    Avg. Asking Price/Sq.Ft. *$730.33$140 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,240,496$237,793 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.78%3.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$532.82$45 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *6023 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?

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Listed by RE/MAX Right Choice
Phone: 860-647-1419

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