Attention investors, check out this awesome investment opportunity at 78-80 Pierce St in an OPPORTUNITY ZONE with possible tax deferment on eligible capital gains in Westerly! You've got two duplexes on one lot, making it a total of four units. It’s perfect for anyone looking to dive into real estate or live in one unit and rent out the others. Located in a great spot, you're close to everything Westerly has to offer. Each unit has tenants in place. Being sold "AS IS, WHERE IS" With a solid rental history and room for growth, this property is a no-brainer for anyone looking to expand their portfolio. Don’t miss out on this chance to own a versatile, income-generating property in a fantastic community. Come see it today and imagine the possibilities at 78-80 Pierce St!
Sold for $456,000 on 01/14/25
$456,000
78-80 Pierce St, Westerly, RI 02891
10beds
3,304sqft
Multi Family
Built in 1920
-- sqft lot
$477,700 Zestimate®
$138/sqft
$2,177 Estimated rent
Home value
$477,700
$425,000 - $535,000
$2,177/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 14, 2025 at 07:53am
Listed by:
Rick Wucik 401-741-0784,
Compass
Bought with:
Adam Gonzalez, RES.0048616
Century 21 Limitless
Source: StateWide MLS RI,MLS#: 1371796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Natural Gas, Baseboard, Gas on Gas
Cooling
- None
Appliances
- Included: Electric Water Heater, Oven/Range, Refrigerator
Features
- Wall (Dry Wall), Insulation (Unknown)
- Flooring: Hardwood, Laminate, Vinyl
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,032
- Total interior livable area: 3,304 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 5,662 sqft
- Features: Sidewalks
Details
- Parcel number: WESTM46B105
- Zoning: R-6
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Vinyl Siding
- Foundation: Mixed, Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Individual Meter
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Golf, Hospital, Marina, Public School, Railroad, Schools, Near Shopping, Near Swimming
Location
- Region: Westerly
HOA & financial
Other financial information
- Total actual rent: 5400
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2025 | Sold | $456,000+1.6%$138/sqft |
Source:  StateWide MLS RI #1371796 | ||
| 11/20/2024 | Pending sale | $449,000$136/sqft |
Source: StateWide MLS RI #1371796 | ||
| 10/28/2024 | Listed for sale | $449,000+54.8%$136/sqft |
Source: StateWide MLS RI #1371796 | ||
| 10/8/2021 | Sold | $290,000$88/sqft |
Source: StateWide MLS RI #1287373 | ||
| 7/11/2021 | Pending sale | $290,000$88/sqft |
Source: StateWide MLS RI #1287373 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,082 +28% | $396,100 +72% |
| 2024 | $2,407 +3.5% | $230,300 |
| 2023 | $2,326 | $230,300 |
Find assessor info on the county website
Neighborhood: 02891
Nearby schools
GreatSchools rating
- 6/10Springbrook Elementary SchoolGrades: K-4Distance: 1.1 mi
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 3.4 mi
- 6/10Westerly High SchoolGrades: 9-12Distance: 0.9 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$477,700
2% more+ $9,554
With Zillow Showcase(estimated)
$487,254