LOCATION, LOCATION, LOCATION! Welcome to 1 Newton Avenue, a well-maintained 3-unit residence in Historic Downtown Westerly. Just a stone's throw to Wilcox Park, this excellent investment property boasts a new architectural roof, new replacement windows, high efficiency boilers, a bright and sunny wrap-around enclosed porch and parking for 3 cars, to name just a few of the perks. Take a short stroll through the park and onto High Street to enjoy fabulous restaurants like the Tapped Apple and the Malted Barley, the public library, shops and all that Historic Downtown Westerly has to offer! Ideally situated for a short commute to Electric Boat or Pfizer (22 minutes). 20 minutes to Foxwoods Resort, 30 minutes to Mohegan Sun. If beaches are your pleasure, only 4.7 miles to spectacular Misquamicut State Beach! The sprawling 1st floor residence has a large living & dining room with hardwood floors, a primary bedroom with adjacent home office, a guest bedroom, spacious bathroom and a kitchen with in-unit laundry. The 2nd floor residence has a kitchen with passthrough to dining and living rooms, a large bedroom and bonus room. The charming 3rd floor unit has a cozy kitchen and dining area, two bedrooms and a full bath. Ample storage in the basement with updated electrical, solid mechanicals and laundry for units 2 and 3. With so much to offer owners and tenants alike, 1 Newton Avenue is not to be missed!
Sold for $515,000 on 03/24/23
$515,000
1 Newton Ave, Westerly, RI 02891
5beds
2,337sqft
Multi Family
Built in 1900
-- sqft lot
$602,100 Zestimate®
$220/sqft
$2,508 Estimated rent
Home value
$602,100
$572,000 - $638,000
$2,508/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 24, 2023 at 09:20am
Listed by:
The Donovan Group 401-323-3546,
Homes By Connect
Bought with:
Raymond Kenyon, RES.0024800
Re/Max Flagship, Inc.
Source: StateWide MLS RI,MLS#: 1329566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Electric, Natural Gas, Baseboard, Forced Water, Heat Pump, Individual Control
Cooling
- Ductless
Appliances
- Included: Electric Water Heater, Gas Water Heater, Oven/Range, Refrigerator
- Laundry: In Building, In Unit
Features
- Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
- Flooring: Hardwood, Laminate, Vinyl
- Windows: Insulated Windows
- Basement: Full,Bulkhead,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,337
- Total interior livable area: 2,337 sqft
Property
Parking
- Total spaces: 3
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 4,791 sqft
- Features: Sidewalks
Details
- Parcel number: WESTM57B116
- Zoning: P
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Other Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Westerly
- Subdivision: Historic Downtown Westerly/Wilcox
HOA & financial
Other financial information
- Total actual rent: 3623
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2023 | Sold | $515,000-6.2%$220/sqft |
Source:  StateWide MLS RI #1329566 | ||
| 3/24/2023 | Pending sale | $549,000$235/sqft |
Source: StateWide MLS RI #1329566 | ||
| 2/23/2023 | Contingent | $549,000$235/sqft |
Source: StateWide MLS RI #1329566 | ||
| 2/15/2023 | Listed for sale | $549,000+37.3%$235/sqft |
Source: StateWide MLS RI #1329566 | ||
| 6/1/2021 | Sold | $400,000-4.8%$171/sqft |
Source:  Smart MLS #170385180 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,363 +12.4% | $432,300 +51% |
| 2024 | $2,992 +3.5% | $286,300 |
| 2023 | $2,892 | $286,300 |
Find assessor info on the county website
Neighborhood: 02891
Nearby schools
GreatSchools rating
- 8/10State Street SchoolGrades: K-4Distance: 0.9 mi
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 2.9 mi
- 6/10Westerly High SchoolGrades: 9-12Distance: 0.4 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$602,100
2% more+ $12,042
With Zillow Showcase(estimated)
$614,142