55 Pleasant Street Westerly

$539,900
6 3 3,930 sq ft

The Property

Opportunity to own a three-family property in Westerly’s historic North End. Offering three separate units with below-market rents and month-to-month tenancies, this property presents an excellent opportunity for an investor or owner-occupant looking to add value over time.

Each unit features separate utilities, providing added convenience for ownership and management. Individual washer and dryer hookups for each unit are located in the basement.

The property offers minimal exterior maintenance with no yard to maintain, along with a small detached garage providing additional storage or parking. With some updating and improvements, there may be an opportunity to increase rental income over time.

Conveniently located near Downtown Westerly, Wilcox Park, shopping, restaurants, area amenities, and major routes. A great opportunity to add a three-family property to your investment portfolio in Westerly.

Buyer and buyer’s agent to perform their own due diligence regarding rental income, property condition, zoning, permitted use, and potential future rents.

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Listing Details

MLS Number

1419644

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Heating: Natural Gas, Forced Air
  • Heating Fuel: Natural Gas, Forced Air
  • Garage: 1
  • Laundry
  • Year Built: 1924

Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today74-94.9% decrease in inventory
    New on Market *35-7.9% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$478.35$289 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,760,553$486,088 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.74%-1.6% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$713.87$112 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *660 increase 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 Town & Shore Realty
Phone: 401-596-1000

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