Investment opportunity in scenic Westerly! With 2 units up/down and character throughout, this well-maintained property has an excellent rental history. Highlights include a private, spacious backyard, a 2-car detached garage with large loft space, newer roof and recent re-siding, plus a private back deck and patio to enjoy the summer nights. Nearby Wilcox Park and the downtown area make it perfectly located for today's renter. The basement has amazing renovation potential featuring an existing partially finished walkout with a kitchen and bath. Close to the Pawcatuck River boat launch, train station, shopping district, YMCA, winter outdoor ice rink, and Westerly Hospital (1.5 miles), this property offers coastal living close to fabulous amenities and superb income generating potential. Come enjoy Watch Hill and the beautiful beaches! UNDER CONTRACT- 9-12-2025, OPEN HOUSE CANCELED
Reduced Price to $399,000. Investment property, very well maintained. 2 Family with EXCELLENT rental history. 2 Car detached garage. City Water, City Sewer, City Gas. All utilities are separate. Full basement with partial Kitchen and Full Bath. Convenient location. Close to schools, Transportation, Athletic fields, Shopping, etc etc . Great place to live and have your tenant pay for part of your mortgage. Gross area is 2,881 with room for expansion in the basement.
Year
Property tax
Land + Additions
Assessment*
2025
$3,216 (+10.3%)
$145,600 + $267,800
$413,400
2024
$2,916 (+2.9%)
$104,400 + $174,600
$279,000
2023
$2,835 (+2.0%)
$104,400 + $174,600
$279,000
2022
$2,780 (−5.0%)
$104,400 + $170,800
$275,200
2021
$2,927 (+1.8%)
$91,000 + $151,700
$242,700
2020
$2,876 (+0.9%)
$91,000 + $151,700
$242,700
2019
$2,849 (+3.3%)
$91,000 + $151,700
$242,700
2018
$2,759 (+2.9%)
$91,000 + $132,400
$223,400
2017
$2,681
$91,000 + $132,400
$223,400
2016
$2,681 (+4.4%)
$91,000 + $132,400
$223,400
2015
$2,569 (+1.6%)
$92,800 + $136,000
$228,800
2014
$2,528 (+1.4%)
$92,800 + $136,000
$228,800
2013
$2,494 (+1.8%)
$92,800 + $136,000
$228,800
2012
$2,449
$103,000 + $139,200
$242,200
Tax history for 66 Tower St
Year
Property tax
Land + Additions
Assessment*
2025
$3,216 (+10.3%)
$145,600 + $267,800
$413,400
2024
$2,916 (+2.9%)
$104,400 + $174,600
$279,000
2023
$2,835 (+2.0%)
$104,400 + $174,600
$279,000
2022
$2,780 (−5.0%)
$104,400 + $170,800
$275,200
2021
$2,927 (+1.8%)
$91,000 + $151,700
$242,700
2020
$2,876 (+0.9%)
$91,000 + $151,700
$242,700
2019
$2,849 (+3.3%)
$91,000 + $151,700
$242,700
2018
$2,759 (+2.9%)
$91,000 + $132,400
$223,400
2017
$2,681
$91,000 + $132,400
$223,400
2016
$2,681 (+4.4%)
$91,000 + $132,400
$223,400
2015
$2,569 (+1.6%)
$92,800 + $136,000
$228,800
2014
$2,528 (+1.4%)
$92,800 + $136,000
$228,800
2013
$2,494 (+1.8%)
$92,800 + $136,000
$228,800
2012
$2,449
$103,000 + $139,200
$242,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.