Two-Family Investment Property in Westerly's North End: Welcome to this fantastic investment opportunity located in the North End neighborhood of Westerly, RI. This two-family home is situated within walking distance to the vibrant downtown area, Gray Sail Brewing Company and Wilcox Park. Property Features: off-street parking, new vinyl siding for curb appeal, both units have new floors, new appliances, and are well maintained. This property is fully rented, generating a solid monthly rental income of $3,350.00, both tenants are on an annual lease. Whether you're a seasoned investor or just starting out, this turn-key property offers a hassle-free addition to your portfolio. Don't miss out on this excellent opportunity to own a well-maintained, income-producing property in a prime location. Tenants are in place.
MOTIVATED SELLER. .. Two Family property located in Westerly's North End. Walk to the downtown area and Wilcox Park. This home offers off street parking, newer roof and utilities. First floor unit with two bedroom's. Second floor with three. Long time tenants in place currently month to month. Separate tenant utilities and laundry in both apartments. Insulation recently improved by RISE Engineering. City water, city sewer and clean and efficient gas heat. Offers to purchase both 65 and 67(MLS#1281399) Pleasant St will be considered first.
RIS #1275637
Apr 29, 2021
Listing Removed
—
Mar 11, 2021
Price Changed
$249,000
$81/sq ft
Feb 19, 2021
Listed
$259,000
$84/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,619 (+15.3%)
$70,000 + $266,600
$336,600
2024
$2,271 (+2.9%)
$50,000 + $167,300
$217,300
2023
$2,208 (+0.6%)
$50,000 + $167,300
$217,300
2022
$2,195 (+49.4%)
$50,000 + $167,300
$217,300
2021
$1,469 (+1.8%)
$43,500 + $78,300
$121,800
2020
$1,443 (+0.9%)
$43,500 + $78,300
$121,800
2019
$1,430 (+1.1%)
$43,500 + $78,300
$121,800
2018
$1,415 (+2.9%)
$43,500 + $71,100
$114,600
2017
$1,375
$43,500 + $71,100
$114,600
2016
$1,375 (−4.7%)
$43,500 + $71,100
$114,600
2015
$1,443 (+1.6%)
$52,400 + $76,100
$128,500
2014
$1,420 (+1.4%)
$52,400 + $76,100
$128,500
2013
$1,401 (−0.1%)
$52,400 + $76,100
$128,500
2012
$1,403
$58,300 + $80,500
$138,800
Tax history for 65 Pleasant St
Year
Property tax
Land + Additions
Assessment*
2025
$2,619 (+15.3%)
$70,000 + $266,600
$336,600
2024
$2,271 (+2.9%)
$50,000 + $167,300
$217,300
2023
$2,208 (+0.6%)
$50,000 + $167,300
$217,300
2022
$2,195 (+49.4%)
$50,000 + $167,300
$217,300
2021
$1,469 (+1.8%)
$43,500 + $78,300
$121,800
2020
$1,443 (+0.9%)
$43,500 + $78,300
$121,800
2019
$1,430 (+1.1%)
$43,500 + $78,300
$121,800
2018
$1,415 (+2.9%)
$43,500 + $71,100
$114,600
2017
$1,375
$43,500 + $71,100
$114,600
2016
$1,375 (−4.7%)
$43,500 + $71,100
$114,600
2015
$1,443 (+1.6%)
$52,400 + $76,100
$128,500
2014
$1,420 (+1.4%)
$52,400 + $76,100
$128,500
2013
$1,401 (−0.1%)
$52,400 + $76,100
$128,500
2012
$1,403
$58,300 + $80,500
$138,800
*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
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
2,130
Year built
1909
Style
Multi-Family (2-4 Unit)
County
Washington County
APN
464139
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): 2
Interior
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 11
Has Basement
Basement Information: Partial, Unfinished
Equipment
Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator
Interior Features
Flooring: Laminate, Vinyl
Other Features: Bathtub
Multi Unit Information
# Of Units Total: 2
# Of Buildings: 1
Exterior
Building Information
Stories (Total): 2
Construction Details: Plaster, Aluminum Siding
Lot Information
Lot Size Area: 3,920
Lot Size Acres: 0.09
Zoning: R6
Property Information
Above Grade Finished Area: 3,088
Foundation Details: Stone
Financial
Assessments and Fees
Assessed Value: $217,300
Tax Information
Annual Tax Amount: $2,208
Tax Year: 2023
Utilities
Utility Information
Utilities: Sewer Connected
Electric: 200+ Amp Service
Sewer: Connected, Public Sewer
Water Source: Connected, Public
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Baseboard, Gas, Space Heater
Location
Community Information
Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,130
Stories: 2.0
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1909
Year Renovated: —
County: Washington County
APN: 464139
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
Climate risks
4/10 Flood Factor
Estimated 11-17% chance 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, 18 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.
9.1 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$431,000 – $521,000
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