Courtesy: Town & Shore Realty
401-596-1000
Extreme potential in Westerly's historic North End. This charming two-family home sits on a quiet corner lot and offers endless possibilities for investors, owner-occupants, or anyone looking for future upside. Both units are move-in/rent-ready as-is, with the second-floor unit currently rented below market despite its stunning condition featuring a beautifully updated kitchen, hardwood floors, and timeless character throughout. The first-floor unit has been intentionally left vacant, making this an ideal opportunity for an owner-occupied buyer. Offering the same charm and craftsmanship, the unit is only a few modest updates away from being equally as impressive. The opportunities continue with the unfinished lower level, previously used as a third unit, which already has its own electric meter in place and offers potential to either expand the first-floor living space or possibly convert back into a three-family setup. Each unit also features separate washer and dryer hookups for added convenience. The detached two-car garage presents potential ADU possibilities, creating even more flexibility and long-term value. A rare opportunity combining historic charm, income potential, and endless possibilities in one of Westerly's most up and coming areas
Courtesy: Town & Shore Realty
401-596-1000
Well-maintained side-by-side duplex located in the heart of Westerly. Each unit offers an identical two-level layout featuring 2 bedrooms and 1.5 bathrooms, providing comfortable and functional living space. Both units have separate utilities, making management efficient and appealing for both owner-occupants and investors. Each side also includes its own private basement for storage and additional space, along with separate decks, offering outdoor enjoyment and added privacy for each unit. The property is currently tenant-occupied with month-to-month leases in place, providing immediate rental income along with flexibility for future use. Current rents are below market value, presenting a strong opportunity for increased income potential. Ideal opportunity for an owner-occupied buyer looking to offset their mortgage, or an investor seeking a solid addition to their portfolio. Conveniently located near downtown Westerly, shopping, restaurants, and area beaches.
Courtesy: Compass
401-364-3388
Recently undergone extensive renovation and meticulously painted, this remarkable side-by-side duplex stands in like-new condition, making it an ideal opportunity for prospective tenants. It boasts a suite of brand-new appliances that promise to enhance the living experience. The roof was replaced just six years ago, ensuring durability and peace of mind for future occupants. With an excellent rental history, this property has proven its consistent ability to attract and retain tenants. Situated on a desirable corner lot, it offers convenient access to essential amenities, making it a prime location for renters. Essential utilities, including city water, city gas, and city sewer, are readily available, while tenants are responsible for their own utility payments, ensuring a clear understanding of expenses. This property represents an outstanding investment opportunity: live in one unit while renting out the other, allowing you to benefit from passive income while enjoying the comforts of home.
Westerly is located in Rhode Island. Westerly, Rhode Island has a population of 23,352. Westerly is less family-centric than the surrounding county with 20.09% of the households containing married families with children. The county average for households married with children is 25.16%.
The median household income in Westerly, Rhode Island is $81,051. The median household income for the surrounding county is $92,001 compared to the national median of $69,021. The median age of people living in Westerly is 50 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 48 inches per year, with 27 inches of snow per year.
