Great opportunity to own a three family home close to downtown Westerly and only a short distance to the areas beaches and attractions. Currently owner occupied, this property generates 19,200 a year, far below market. Tremendous opportunity to add value to this property and see cash flow increase to 40,800 a year. Current rent/market Unit 1: owner/1,000 Unit 2: 800/1,200 Unit 3: 800/1,200. Also, potential to combine 3rd unit with unfinished top floor to provide additional living space. Roof, hot water heaters, furnace, electrical panels, exterior paint, have all been done within the past 8 years. Home is connected to city gas/water/sewer. Separate entrances, utilities, and off street parking.
Sold for $455,000 on 05/05/25
$455,000
25 Noyes Ave, Pawcatuck, CT 06379
7beds
2,856sqft
MultiFamily
Built in 1900
-- sqft lot
$477,500 Zestimate®
$159/sqft
$2,313 Estimated rent
Home value
$477,500
$425,000 - $540,000
$2,313/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Gas, Oil
Cooling
- wall unit
Appliances
- Included: Washer
- Laundry: Basement Hook-Up(s), Washer/Dryer Some Units, All Units Have Hook-Ups
Features
- Basement: Partially finished
- Attic: Walk-up
Interior area
- Total interior livable area: 2,856 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Patio & porch: Porch
- Exterior features: Shingle (Not Wood), Stone, Wood, Brick, Cement / Concrete
- Waterfront features: River Front, Walk To Water
Lot
- Size: 7,840 sqft
- Features: Cul-de-Sac
Details
- Parcel number: STONM1B3L3
- Zoning: RH-10
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors, 3updown - Unit(s) per Floor
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Pawcatuck
HOA & financial
Other financial information
- Total actual rent: 329000
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Oil, Natural Gas, Space Heater
- Roof: Asphalt
- AssociationYN: 0
- HeatingYN: true
- ExteriorFeatures: Awning(s), Garden, Lighting, Breezeway, Stone Wall
- NumberOfUnitsTotal: 3
- Basement: Partial, Interior Entry, Storage Space
- GrossIncome: 19200
- CommunityFeatures: Putting Green, Golf, Park, Public Transportation, Library
- ConstructionMaterials: Concrete, Wood Siding, Brick, Shingle Siding
- LotFeatures: Cul-de-Sac
- NumberOfUnitsInCommunity: 3
- ParkingFeatures: Driveway, Off Street, On Site
- PatioAndPorchFeatures: Porch
- WaterfrontFeatures: River Front, Walk To Water
- Cooling: Wall Unit(s), Ceiling Fan(s)
- YearBuiltSource: Public Records
- Attic: Walk-up
- FoundationDetails: Concrete
- WaterSource: Public Water Connected
- TotalActualRent: 329000.00
- Zoning: RH-10
- LaundryFeatures: Basement Hook-Up(s), Washer/Dryer Some Units, All Units Have Hook-Ups
- ArchitecturalStyle: Units on different Floors, 3updown - Unit(s) per Floor
- MlsStatus: Active
- TaxAnnualAmount: 4119
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2025 | Sold | $455,000+42.2%$159/sqft |
Source: Public Record | ||
| 12/31/2020 | Sold | $320,000-2.7%$112/sqft |
Source: Agent Provided | ||
| 10/28/2020 | Price change | $329,000-6%$115/sqft |
Source: Randall Realtors #170325545 | ||
| 8/14/2020 | Listed for sale | $350,000-12.5%$123/sqft |
Source: RANDALL, REALTORS-Christie's #170325545 | ||
| 5/18/2020 | Listing removed | $399,900$140/sqft |
Source: Market Realty, LLC #170288158 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,887 +4.4% | $245,800 |
| 2024 | $4,682 0% | $245,800 |
| 2023 | $4,683 +11.7% | $245,800 +50.2% |
Find assessor info on the county website
Neighborhood: Pawcatuck
Nearby schools
GreatSchools rating
- 6/10West Vine Street SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Stonington Middle SchoolGrades: 6-8Distance: 5.9 mi
- 7/10Stonington High SchoolGrades: 9-12Distance: 1.7 mi
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$477,500
2% more+ $9,550
With Zillow Showcase(estimated)
$487,050