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Listed price in listed location currency (USD).
$600,000
$675,000

848

MLS® 1398560

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3852 sqft
Garage No
Taxes $2,710
Lot Size 0.37 acres
Approx. Age 1928
Avg. Price Per Sqft $175
MLS® Number 1398560

Property Address: 4 Pearl St, Westerly, RI, 02891-1796

Average square foot calculated using Size range provided by listing agent.

Description

An incredible investment opportunity awaits in Westerly's rapidly growing Historic North End. This well-maintained 4-family property has been owned by the same meticulous owner since 1993, showcasing over three decades of pride in ownership and consistent care. Each unit is in very good condition, and the property's mechanicals have been thoughtfully updated over time, offering both stability and peace of mind for any new owner. Currently generating $4, 300 per month ($52, 000 annually) in rental income, this property presents a clear value-add opportunity with undermarket rents in one of Westerly's most up-and-coming neighborhoods. All units feature gas heat and are fully leased, making this a wonderful investment from day one. The location couldn't be more convenient just minutes to I-95, Downtown Westerly, Amtrak Station, shops, and restaurants, providing strong tenant appeal and long-term appreciation potential.
MLS® Number1398560
Laundry Level
Central VacNo
FireplaceNo
Acreage0.37
Exterior
GarageNo
Approx. Age1928
BasementFull, Unfinished
DrivewayNo Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Nov 1, 2025End Date
$600,000Sold Price

Sold

Oct 23, 2025List Date
$675,000List Price
  • Commute

Commute

Starting Address
Destination Address
4 Pearl St, Westerly, RI

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