Calling all investors!! Wonderful opportunity for investors to acquire a MASSIVE two family in the historic North End of Westerly! This multi boasts eight great sized bedrooms, with a great layout in each unit. This house comes free & clear of all tenants perfect for those looking to update both units, or with some work, occupy second floor unit! First floor is in need of almost a full rehab. When units are completed, potential is there with size of units, to gross over $5000 a month in income. HOME IS BEING SOLD AS-IS!
Sold for $320,000 on 08/29/24
$320,000
40 Pleasant St, Westerly, RI 02891
8beds
3,767sqft
Multi Family
Built in 1900
-- sqft lot
$615,300 Zestimate®
$85/sqft
$2,759 Estimated rent
Home value
$615,300
$585,000 - $646,000
$2,759/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2024 at 03:55am
Listed by:
Chad Raiche 401-207-6621,
Town & Shore Realty
Bought with:
Chad Raiche, RES.0044708
Town & Shore Realty
Source: StateWide MLS RI,MLS#: 1363566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil, Steam
Cooling
- None
Appliances
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Plaster)
- Flooring: Hardwood, Plywood
- Basement: Full,Interior and Exterior,Unfinished
- Attic: Attic Stairs
- Has fireplace: No
Interior area
- Total structure area: 5,469
- Total interior livable area: 3,767 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached, Garage Door Opener
- Garage spaces: 2
Features
- Stories: 3
- Exterior features: Balcony
Lot
- Size: 0.75 Acres
Details
- Parcel number: WESTM46B131
- Special conditions: 3rd Party/Corporate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Vinyl Siding
- Foundation: Mixed, Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Connected
- Water: Private
Community & neighborhood
Location
- Region: Westerly
- Subdivision: North End
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listing removed | $649,900$173/sqft |
Source:  StateWide MLS RI #1389438 | ||
| 7/18/2025 | Listed for sale | $649,900+103.1%$173/sqft |
Source: StateWide MLS RI #1389438 | ||
| 8/29/2024 | Sold | $320,000-24.7%$85/sqft |
Source: StateWide MLS RI #1363566 | ||
| 7/28/2024 | Pending sale | $425,000$113/sqft |
Source: StateWide MLS RI #1363566 | ||
| 7/23/2024 | Listed for sale | $425,000$113/sqft |
Source: StateWide MLS RI #1363566 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,548 -15.7% | $456,000 +13.3% |
| 2024 | $4,207 +3.5% | $402,600 |
| 2023 | $4,066 | $402,600 |
Find assessor info on the county website
Neighborhood: 02891
Nearby schools
GreatSchools rating
- 6/10Springbrook Elementary SchoolGrades: K-4Distance: 1.2 mi
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 3.3 mi
- 6/10Westerly High SchoolGrades: 9-12Distance: 0.8 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$615,300
2% more+ $12,306
With Zillow Showcase(estimated)
$627,606