GREAT investment property on Historic Main St. , which is currently in revitalization through the efforts of the Westerly Revolving Fund. This four unit home is within walking distance to all the downtown amenities including the theater, arts, entertainment, restaurants and the beautiful Wilcox Park. Or if you prefer, you can relax on the large front porch while watching the boaters throttling and the kayakers paddling up and down the Historic Pawcatuck River, which is now under federal protection as it was recently designated a National Wildlife & Scenic River . Then, there are RI's beautiful beaches, fishing or tennis anyone? Come and take a stroll in downtown Westerly and enjoy it all! * * The property is located in the RI Opportunity Zone for potential capital gains deferral. * *
Multi-familyProperty Type
1880Year Built
9,148 sq ftLot Size
$117Est. Price/Sq.Ft.
8 spacesParking
Listed by Cynthia Gardiner• Coldwell Banker Coastal Homes
INVESTORS TAKE NOTE!!!!!!THIS IS JUST WHAT YOU HAVE BEEN LOOKING FOR , A MULTI FAM THAT THE NUMBERS WORK. CALL FOR YOUR SHOWING TODAY. VINYL SIDING AND REPLACEMENT WINDOWS ARE ALREADY DONE. FULLY RENTED AND ZONED BUSINESS
Year
Property tax
Land + Additions
Assessment*
2025
$3,881 (+20.8%)
$145,000 + $353,800
$498,800
2024
$3,213 (+2.8%)
$103,800 + $203,700
$307,500
2023
$3,124 (+0.6%)
$103,800 + $203,700
$307,500
2022
$3,106 (−15.4%)
$103,800 + $203,700
$307,500
2021
$3,673 (+1.7%)
$90,400 + $214,200
$304,600
2020
$3,610 (+1.0%)
$90,400 + $214,200
$304,600
2019
$3,576 (−2.7%)
$90,400 + $214,200
$304,600
2018
$3,675 (+2.9%)
$90,400 + $207,200
$297,600
2017
$3,571
$90,400 + $207,200
$297,600
2016
$3,571 (−0.5%)
$90,400 + $207,200
$297,600
2015
$3,588 (+1.6%)
$92,200 + $227,300
$319,500
2014
$3,530 (+1.3%)
$92,200 + $227,300
$319,500
2013
$3,483 (+2.4%)
$92,200 + $227,300
$319,500
2012
$3,402
$102,400 + $234,100
$336,500
Tax history for 174 176 Main St
Year
Property tax
Land + Additions
Assessment*
2025
$3,881 (+20.8%)
$145,000 + $353,800
$498,800
2024
$3,213 (+2.8%)
$103,800 + $203,700
$307,500
2023
$3,124 (+0.6%)
$103,800 + $203,700
$307,500
2022
$3,106 (−15.4%)
$103,800 + $203,700
$307,500
2021
$3,673 (+1.7%)
$90,400 + $214,200
$304,600
2020
$3,610 (+1.0%)
$90,400 + $214,200
$304,600
2019
$3,576 (−2.7%)
$90,400 + $214,200
$304,600
2018
$3,675 (+2.9%)
$90,400 + $207,200
$297,600
2017
$3,571
$90,400 + $207,200
$297,600
2016
$3,571 (−0.5%)
$90,400 + $207,200
$297,600
2015
$3,588 (+1.6%)
$92,200 + $227,300
$319,500
2014
$3,530 (+1.3%)
$92,200 + $227,300
$319,500
2013
$3,483 (+2.4%)
$92,200 + $227,300
$319,500
2012
$3,402
$102,400 + $234,100
$336,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.