Welcome to 40 Pleasant Street in the north end of Westerly. A large 2-family positioned on a corner 0.75 HD zone lot allowing for future development. Additional condo type building as well as updating the existing detached garage to & ADU. Finish the walk up attic combine with 2nd unit to make much bigger. The heavy lifting has been done. .. .electrically the knob and tube wiring has been removed and replaced, new electrical service has been brought to the house from the street, a new 100 amp landlord panel has been added, 2 new kitchens, two new baths, all the hardwoods have been redone. Investors/Developers take notice. .40 Pleasant St can accommodate additional living units. .. there are many possibilities be sure to contact the local building/zoning officials from Westerly for additional information.
Multi-familyProperty Type
1900Year Built
0.75 acresLot Size
$187Est. Price/Sq.Ft.
2 car garageParking
Listed by Brian Turano• Onshore Realtors
Bought with Jen Serafin• Coldwell Banker Coastal Homes
Calling all investors!! Wonderful opportunity for investors to acquire a MASSIVE two family in the historic North End of Westerly! This multi boasts eight great sized bedrooms, with a great layout in each unit. This house comes free & clear of all tenants perfect for those looking to update both units, or with some work, occupy second floor unit! First floor is in need of almost a full rehab. When units are completed, potential is there with size of units, to gross over $5000 a month in income. HOME IS BEING SOLD AS-IS!
RIS #1159653
Jan 3, 2018
Sold
$235,000
$62/sq ft
Nov 20, 2017
Pending
—
Nov 8, 2017
Contingent
—
Sep 24, 2017
Price Changed
$269,900
$72/sq ft
Aug 30, 2017
Relisted
—
Jul 22, 2017
Price Changed
$275,000
$73/sq ft
Jul 22, 2017
Contingent
—
Jun 26, 2017
Price Changed
$289,900
$77/sq ft
May 16, 2017
Listed
$299,900
$80/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,548 (−15.7%)
$199,000 + $257,000
$456,000
2024
$4,207 (+2.9%)
$157,800 + $244,800
$402,600
2023
$4,090 (+0.6%)
$157,800 + $244,800
$402,600
2022
$4,066 (+2.5%)
$157,800 + $244,800
$402,600
2021
$3,965 (+1.8%)
$144,400 + $184,400
$328,800
2020
$3,896 (+0.9%)
$144,400 + $184,400
$328,800
2019
$3,860 (+0.7%)
$144,400 + $184,400
$328,800
2018
$3,833 (+2.9%)
$144,400 + $166,000
$310,400
2017
$3,725
$144,400 + $166,000
$310,400
2016
$3,725 (+4.3%)
$144,400 + $166,000
$310,400
2015
$3,570 (+1.6%)
$138,500 + $179,400
$317,900
2014
$3,513 (+1.4%)
$138,500 + $179,400
$317,900
2013
$3,465 (+0.2%)
$138,500 + $179,400
$317,900
2012
$3,459
$148,100 + $194,000
$342,100
Tax history for 40 Pleasant St
Year
Property tax
Land + Additions
Assessment*
2025
$3,548 (−15.7%)
$199,000 + $257,000
$456,000
2024
$4,207 (+2.9%)
$157,800 + $244,800
$402,600
2023
$4,090 (+0.6%)
$157,800 + $244,800
$402,600
2022
$4,066 (+2.5%)
$157,800 + $244,800
$402,600
2021
$3,965 (+1.8%)
$144,400 + $184,400
$328,800
2020
$3,896 (+0.9%)
$144,400 + $184,400
$328,800
2019
$3,860 (+0.7%)
$144,400 + $184,400
$328,800
2018
$3,833 (+2.9%)
$144,400 + $166,000
$310,400
2017
$3,725
$144,400 + $166,000
$310,400
2016
$3,725 (+4.3%)
$144,400 + $166,000
$310,400
2015
$3,570 (+1.6%)
$138,500 + $179,400
$317,900
2014
$3,513 (+1.4%)
$138,500 + $179,400
$317,900
2013
$3,465 (+0.2%)
$138,500 + $179,400
$317,900
2012
$3,459
$148,100 + $194,000
$342,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.75 Acres
Year renovated
—
Sq. Ft.
3,767
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Washington County
APN
464105
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
HDR-6
High-Density Residential 6 District
High-Density Residential 6 Zoning Districts are intended primarily for areas of existing residential development. These zoning districts are designed for areas where existing densities are high, close to saturation, which include a variety of housing types. These areas are served by municipal water. Also except Misquamicut, they are served by municipal sewers
Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Tankless Water Heater
Interior Features
Flooring: Ceramic Tile, Hardwood
Other Features: Attic, Bathtub, Permanent Attic Stairs, Storage, Stall Shower, Tub Shower, Cable TV
Multi Unit Information
# Of Units Total: 2
# Of Buildings: 1
Unit Type 1
# of Bedrooms: 3
# of Bathrooms Total: 2
# of Full Bathrooms: 2
Area: 1735.0
Actual Rent: $2,600
Unit Type 2
# of Bedrooms: 4
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 2032.0
Actual Rent: $2,600
Exterior
Building Information
Stories (Total): 3
Construction Details: Drywall, Vinyl Siding
Exterior Features
Other Structures: Outbuilding
Lot Information
Lot Size Area: 32,670
Lot Size Acres: 0.75
Lot Features: Corner Lot
Zoning: R6
Property Information
Above Grade Finished Area: 3,767
Foundation Details: Concrete Perimeter
Financial
Assessments and Fees
Assessed Value: $456,000
Tax Information
Annual Tax Amount: $4,207
Tax Year: 2025
Utilities
Utility Information
Utilities: Sewer Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Oil, Steam
Location
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
Public facts
Beds: 8
Baths: 2.0
Sq. Ft.: 3,767
Stories: 2.0
Lot Size: 0.75 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Washington County
APN: 464105
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Springbrook Elementary School
Public K-4 • Assigned • 1.2mi
7/10
Westerly Middle School
Public 5-8 • Assigned • 3.3mi
7/10
Westerly High School
Public 9-12 • Assigned • 0.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Westerly, RI • 02891
Average low and high temperatures (°F)
35
22
37
22
47
33
56
41
63
51
75
60
79
65
76
59
72
57
64
47
54
37
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$670,000 – $811,000
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