Two-Family Investment Property in Westerly's North End: Welcome to this fantastic investment opportunity located in the North End neighborhood of Westerly, RI. This two-family home is situated within walking distance to the vibrant downtown area, Gray Sail Brewing Company and Wilcox Park. Property Features: off-street parking, new vinyl siding for curb appeal, both units have new floors, new appliances, and are well maintained. This property is fully rented, generating a solid monthly rental income of $3,350.00, both tenants are on an annual lease. Whether you're a seasoned investor or just starting out, this turn-key property offers a hassle-free addition to your portfolio. Don't miss out on this excellent opportunity to own a well-maintained, income-producing property in a prime location. Tenants are in place.
Sold for $385,000 on 09/25/24
$385,000
65 Pleasant St, Westerly, RI 02891
5beds
2,130sqft
Multi Family
Built in 1909
-- sqft lot
$456,900 Zestimate®
$181/sqft
$2,516 Estimated rent
Home value
$456,900
$425,000 - $493,000
$2,516/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 27, 2024 at 12:39pm
Listed by:
A Bruneau Team 617-480-5636,
Compass
Bought with:
A Bruneau Team
Compass
Source: StateWide MLS RI,MLS#: 1367971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub, Bath w Shower Stall
Heating
- Natural Gas, Baseboard, Gas Connected, Space Heater
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Dishwasher, Exhaust Fan, Oven/Range, Refrigerator
- Laundry: Off Site
Features
- Wall (Paneled), Wall (Plaster), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls), Ceiling Fan(s)
- Flooring: Laminate, Vinyl
- Basement: Partial,Bulkhead,Unfinished,Utility
- Has fireplace: No
Interior area
- Total structure area: 3,088
- Total interior livable area: 2,130 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Parcel number: WESTM46B51
- Zoning: R6
- Special conditions: 3rd Party/Corporate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Paneled, Plaster, Aluminum Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Interstate, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
Location
- Region: Westerly
- Subdivision: North End
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 3425
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2024 | Sold | $385,000+1.6%$181/sqft |
Source:  StateWide MLS RI #1367971 | ||
| 9/13/2024 | Pending sale | $379,000$178/sqft |
Source: StateWide MLS RI #1367971 | ||
| 9/6/2024 | Listed for sale | $379,000+53.1%$178/sqft |
Source: StateWide MLS RI #1367971 | ||
| 2/27/2024 | Listing removed | -- |
Source: StateWide MLS RI #1352171 | ||
| 2/21/2024 | Price change | $1,675-4.3%$1/sqft |
Source: StateWide MLS RI #1352171 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,619 +15.3% | $336,600 +54.9% |
| 2024 | $2,271 +3.5% | $217,300 |
| 2023 | $2,195 | $217,300 |
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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At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$456,900
2% more+ $9,138
With Zillow Showcase(estimated)
$466,038