Investors Take Notice! This three-unit multifamily property presents an excellent opportunity for investors, owner-occupants, or those looking to add a strong income-producing property to their portfolio. Offering 8 bedrooms and 3 baths, the property provides flexible living arrangements and desirable rental potential. Ideally located within walking distance of Downtown Westerly, with its restaurants, shops, and amenities, while the beautiful beaches of Westerly and Misquamicut are just a short drive away. The property also features a large backyard and generous parking area, valuable amenities for both tenants and owners. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income, or capitalize on Westerly's sought-after coastal location, this property offers an opportunity worth exploring. Convenient location, multiple units, ample parking, and proximity to downtown and the beach make this a compelling investment opportunity.
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
Dec 4, 2015 • Active
Building
Strip and replace roof shingles.
Roofing
Jul 7, 2010 • Active
Building
Kitchen
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking
Features: No Garage
# of Parking (Total): 6
Interior
Bathroom Information
# of Full Bathrooms: 3
Room Information
# of Rooms (Total): 15
Has Basement
Basement Information: Crawl Space, Unfinished
Laundry Information
Features: Common Area, In Unit
Equipment
Appliances: Gas Water Heater
Interior Features
Flooring: Hardwood, Vinyl
Multi Unit Information
# Of Units Total: 3
# Of Buildings: 1
Unit Type 1
Three Bedroom
Unit Description: Vacant
# of Bedrooms: 3
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 1666.0
Unit Type 2
Two Bedroom
Unit Description: April 2027
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 564.0
Actual Rent: $2,150
Unit Type 3
Three Bedroom
Unit Description: Month to Month
# of Bedrooms: 3
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 897.0
Actual Rent: $1,375
Exterior
Building Information
Construction Details: Plaster, Aluminum Siding
Exterior Features
Exterior Features: Paved Driveway
Lot Information
Lot Size Area: 12,197
Lot Size Acres: 0.28
Zoning: R6
Property Information
Above Grade Finished Area: 6,709
Foundation Details: Concrete Perimeter
Financial
Assessments and Fees
Assessed Value: $452,000
Tax Information
Annual Tax Amount: $3,517
Tax Year: 2025
Utilities
Utility Information
Utilities: Sewer Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Cooling
Cooling: One Unit
Has Heating
Heating: Gas
Location
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts, Sidewalks
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 3,412
Stories: 2.0
Lot Size: 0.28 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: —
County: Washington County
APN: 464128
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 • 3.4mi
7/10
Westerly High School
Public 9-12 • Assigned • 0.9mi
7/10
Provided by GreatSchools
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, 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
65
76
59
72
57
63
47
54
37
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Westerly. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$601,000 – $727,000
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