Calling all investors! Great opportunity for investors to acquire this expansive Two Family Home in Westerly! Live in one unit and rent the other! Potential monthly rental amount $2,950 for the three bedroom and $2,200 for the two bedroom. This property is zoned General Industrial which may be comprised of many different uses that could possibly be allowed by the Town of Westerly. Such uses may include manufacturing, printing, concrete products, ship/boat building, too many to list! This multi-family home boasts a total of five large bedrooms and three full bathrooms. The main floor unit includes a huge kitchen with island, living room, study area, three bedrooms, two full baths. The upstairs unit consists of a kitchen, large living area, two bedrooms, one full bath. There is also an immense in-ground pool! This home is located close to some of the Rhode Island's most beautiful beaches and the historic downtown area. Downtown includes shops, restaurants and bars. It is only minutes from the Train Station with easy access to NYC and Boston. Home is being sold As-Is.
Sold for $450,000 on 12/20/24
$450,000
81 Old Hopkinton Rd, Westerly, RI 02891
5beds
2,626sqft
Multi Family
Built in 1900
-- sqft lot
$471,800 Zestimate®
$171/sqft
$2,397 Estimated rent
Home value
$471,800
$420,000 - $533,000
$2,397/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 20, 2024 at 09:43am
Listed by:
Lorraine Perri 401-222-9172,
Coldwell Banker Realty
Bought with:
Angela Lombardi Osfield, REs.0045416
RE/MAX South County
Source: StateWide MLS RI,MLS#: 1372711
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub
Heating
- Oil, Baseboard
Cooling
- None
Appliances
- Included: Dryer, Oven/Range, Refrigerator, Washer
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Plaster), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Laminate
- Basement: Full,Interior and Exterior,Unfinished
- Attic: Attic Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,806
- Total interior livable area: 2,626 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 2
- Patio & porch: Deck, Porch
- Pool features: In Ground
Lot
- Size: 0.75 Acres
Details
- Additional structures: Outbuilding
- Parcel number: WESTM48B40
- Zoning: GI
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Municipal
Community & neighborhood
Community
- Community features: Highway Access, Schools, Near Shopping
Location
- Region: Westerly
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2024 | Sold | $450,000-6.2%$171/sqft |
Source:  StateWide MLS RI #1372711 | ||
| 11/21/2024 | Pending sale | $479,900$183/sqft |
Source: StateWide MLS RI #1372711 | ||
| 11/14/2024 | Listed for sale | $479,900+113.3%$183/sqft |
Source: StateWide MLS RI #1372711 | ||
| 1/3/2018 | Sold | $225,000$86/sqft |
Source: StateWide MLS RI #1174555 | ||
| 9/4/2017 | Listed for sale | $225,000$86/sqft |
Source: Randall REALTORS #1172389 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,772 +6.2% | $389,900 +46.5% |
| 2024 | $2,610 +2.6% | $266,100 |
| 2023 | $2,544 | $266,100 |
Find assessor info on the county website
Neighborhood: 02891
Nearby schools
GreatSchools rating
- 6/10Springbrook Elementary SchoolGrades: K-4Distance: 1.4 mi
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 2.9 mi
- 6/10Westerly High SchoolGrades: 9-12Distance: 0.7 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$471,800
2% more+ $9,436
With Zillow Showcase(estimated)
$481,236