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.
Well Maintained 3 Family located in Westerly's North End. Detached 2 Car Garage, recent updates to heating systems. Town Sewer, Water, Gas. 1st floor bath is being updated. More Pictures to follow.
RIS #1186557
Jun 29, 2018
Sold
$265,000
$67/sq ft
May 29, 2018
Contingent
—
May 14, 2018
Price Changed
$269,000
$68/sq ft
Apr 3, 2018
Listed
$274,000
$70/sq ft
RIS #1107287
Dec 8, 2015
Sold
$150,000
$38/sq ft
Oct 23, 2015
Pending
—
Sep 21, 2015
Contingent
—
Sep 9, 2015
Listed
$165,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,262 (−5.4%)
$72,300 + $218,400
$290,700
2024
$2,390 (+2.8%)
$51,600 + $177,100
$228,700
2023
$2,324 (+0.6%)
$51,600 + $177,100
$228,700
2022
$2,310 (+4.6%)
$51,600 + $177,100
$228,700
2021
$2,208 (+28.5%)
$44,900 + $138,200
$183,100
2020
$1,718 (+0.9%)
$44,900 + $100,100
$145,000
2019
$1,702 (+2.6%)
$44,900 + $100,100
$145,000
2018
$1,659 (+2.9%)
$44,900 + $89,400
$134,300
2017
$1,612
$44,900 + $89,400
$134,300
2016
$1,612 (−9.8%)
$44,900 + $89,400
$134,300
2015
$1,787 (+1.6%)
$54,900 + $104,200
$159,100
2014
$1,758 (+1.4%)
$54,900 + $104,200
$159,100
2013
$1,734 (−0.6%)
$54,900 + $104,200
$159,100
2012
$1,745
$61,000 + $111,600
$172,600
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,285
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,285
Year built
1924
Style
Multi-Family (2-4 Unit)
County
Washington County
APN
464093
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
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Park & open space
Water related
Historical weather
Westerly, RI • 02891
Average low and high temperatures (°F)
35
22
37
22
47
33
56
41
63
51
75
60
79
66
76
59
72
57
64
47
54
37
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
53/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.2 hrs
2.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 55 Pleasant St
$531,799
$8,101 under list price of $540K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $520K to $700K.