Investors Take Notice! This well-located two-unit multifamily property offers an excellent opportunity for investors, owner-occupants, or those looking to add income-producing real estate to their portfolio. The property features 4 bedrooms and 2 baths, with two separate living units offering flexibility and rental potential. Ideally situated within walking distance of Downtown Westerly, residents can enjoy the area's shops, restaurants, entertainment, and community amenities. Westerly Downtown Historic District The beautiful Westerly and Misquamicut beaches are approximately a 10-minute drive away, providing easy access to the Southern Rhode Island coastline. Additional highlights include a large backyard and ample parking area, desirable features for tenants and owner-occupants alike. A convenient location, two-unit configuration, outdoor space, and proximity to both downtown and the beach make this a compelling opportunity for those looking to invest in Westerly.
Unfinished full basement with interior and exterior access
Storage room
Utility room
Bedrooms
Two 2-bedroom units (unit layouts described under Location)
Bathrooms
Two full bathrooms total in building (each unit has one full bath)
Kitchen
No specific kitchen appliance list provided
Laundry & utility
In-unit laundry
Gas water heater
Flooring
Carpet
Laminate
Heating & cooling
Gas heating
One cooling unit
Exterior features
Paved driveway
Wooded lot
Home design
Two-story building
Zoned R6
Parking
No garage
Total of 6 parking spaces
Construction
Drywall exterior interior finish
Aluminum siding
Vinyl siding
Concrete perimeter foundation
Utilities
Sewer connected
Water connected
Electric with circuit breakers
HOA & community
Community amenities nearby include golf, marina, pool, public transportation, recreation area, restaurants, shopping, tennis courts, sidewalks and highway access
Financial info
Two-unit multifamily property
Unit 1: two-bedroom, 1-bath, approx. 1,057 sq ft, month-to-month tenancy, actual rent $2,000
Unit 2: two-bedroom, 1-bath, approx. 1,156 sq ft, lease through March 2027, actual rent $1,900
Electricity and solar
View estimated energy costs and solar savings for this home