Completely Maintenance Free. .. Everything from Heating Systems to Electrical , Plumbing, windows and Roof have been redone. The first Floor has A Two Bedroom and a One Bedroom. The second floor Has a Two bedroom and a One Bedroom With a third floor attic space that can be remodeled and add Great extra Space to one of the apartments on the second floor including increased Rental Revenue . Kitchen, living room and bathroom, hardwood floors, laminate and carpet fully renovated and maintenance free. All apartments have separate utilities. All Units have gas heat. Located on a nice size lot . 09 acre. Great off street parking with Nice Concrete Partial Fenced Raw Iron Fencing to keep the property nicely Maintained. . Note: ROI with increased rents and updated is about 10.0% rate of return on equity. Great owner occupied or investment. . Tenant pays heat and electric. Beautiful hardwoods m This is an Old Westerly Classic! Come take a look. Great investment opportunity. THIS THIS PROPERTY IS IN THE RHODE ISLAND OPPORTUNITY ZONE FOR POTENTIAL CAPITAL GAINS DEFERRAL. Please provide proof of funds or preapproval
Multi-familyProperty Type
1920Year Built
3,802 sq ftLot Size
$115Est. Price/Sq.Ft.
5 spacesParking
Listed by Lisa Raiche• Adams & Adams Real Estate
Bought with Lisa Raiche• Adams & Adams Real Estate
LEGAL TWO FAMILY REQUIRES INTERIOR/EXTERIOR REHAB/REPAIR TO BE SOLD STRICTLY IN "AS IS" CONDITION ONLY. EXCELLENT POTENTIAL AS INVESTMENT PROPERTY. CALL FOR ADDITIONAL INFORMATION AND SHOWING INSTRUCTIONS.
Year
Property tax
Land + Additions
Assessment*
2025
$3,650 (+12.3%)
$77,800 + $391,300
$469,100
2024
$3,251 (+2.8%)
$55,600 + $255,500
$311,100
2023
$3,161 (+0.6%)
$55,600 + $255,500
$311,100
2022
$3,142 (−8.2%)
$55,600 + $255,500
$311,100
2021
$3,421 (+1.8%)
$48,300 + $235,400
$283,700
2020
$3,362 (+31.2%)
$48,300 + $235,400
$283,700
2019
$2,563 (−2.4%)
$45,900 + $172,400
$218,300
2018
$2,626 (+2.9%)
$45,900 + $166,700
$212,600
2017
$2,551
$45,900 + $166,700
$212,600
2016
$2,551 (−3.6%)
$45,900 + $166,700
$212,600
2015
$2,645 (+1.7%)
$55,400 + $180,100
$235,500
2014
$2,602 (+1.4%)
$55,400 + $180,100
$235,500
2013
$2,567 (+1.7%)
$55,400 + $180,100
$235,500
2012
$2,524
$61,500 + $188,200
$249,700
Tax history for 61 Pierce St
Year
Property tax
Land + Additions
Assessment*
2025
$3,650 (+12.3%)
$77,800 + $391,300
$469,100
2024
$3,251 (+2.8%)
$55,600 + $255,500
$311,100
2023
$3,161 (+0.6%)
$55,600 + $255,500
$311,100
2022
$3,142 (−8.2%)
$55,600 + $255,500
$311,100
2021
$3,421 (+1.8%)
$48,300 + $235,400
$283,700
2020
$3,362 (+31.2%)
$48,300 + $235,400
$283,700
2019
$2,563 (−2.4%)
$45,900 + $172,400
$218,300
2018
$2,626 (+2.9%)
$45,900 + $166,700
$212,600
2017
$2,551
$45,900 + $166,700
$212,600
2016
$2,551 (−3.6%)
$45,900 + $166,700
$212,600
2015
$2,645 (+1.7%)
$55,400 + $180,100
$235,500
2014
$2,602 (+1.4%)
$55,400 + $180,100
$235,500
2013
$2,567 (+1.7%)
$55,400 + $180,100
$235,500
2012
$2,524
$61,500 + $188,200
$249,700
*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
6
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
2,880
Year built
1920
Style
Multi-Family (5+ Unit)
County
Washington County
APN
240528
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
Property details
Parking
Parking
Features: No Garage
# of Parking (Total): 5
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 4
Room Information
# of Rooms (Total): 18
Has Basement
Basement Information: Full, Unfinished
Laundry Information
Features: Common Area
Equipment
Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Interior Features
Door Features: Storm Door(s)
Flooring: Ceramic Tile, Hardwood, Carpet
Other Features: Attic, Permanent Attic Stairs, Tub Shower
Multi Unit Information
# Of Units Total: 4
# Of Buildings: 1
Multi Unit Financial Information
Operating Expense: $12,000
Exterior
Building Information
Stories (Total): 3
Construction Details: Drywall, Masonry, Vinyl Siding
Exterior Features
Exterior Features: Porch, Patio, Paved Driveway
Patio And Porch Features: Patio, Porch
Fencing: Fenced
Lot Information
Lot Size Area: 3,802
Lot Size Acres: 0.09
Frontage Length: 100
Property Information
Above Grade Finished Area: 5,784
Financial
Assessments and Fees
Assessed Value: $218,300
Tax Information
Annual Tax Amount: $2,408
Tax Year: 2019
Utilities
Utility Information
Utilities: Sewer Connected
Electic On Property
Electric: 200+ Amp Service
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Cooling
Cooling: 1 Unit, Window Unit(s)
Has Heating
Heating: Gas
Location
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping, Sidewalks
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 2,880
Stories: 2.0
Lot Size: 3,920 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: —
County: Washington County
APN: 240528
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Springbrook Elementary School
Public K-4 • Assigned • 1.0mi
7/10
Westerly Middle School
Public 5-8 • Assigned • 3.4mi
7/10
Westerly High School
Public 9-12 • Assigned • 0.9mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 91° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
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
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.