4 Pearl Street, Westerly, RI 02891
Local realty services provided by:Empire Real Estate Group ERA Powered
4 Pearl Street,Westerly, RI 02891
$675,000
- 8 Beds
- 4 Baths
- 3,852 sq. ft.
- Multi-family
- Pending
Listed by:lisa raiche
Office:town & shore realty
MLS#:1398560
Source:RI_STATEWIDE
Price summary
- Price:$675,000
- Price per sq. ft.:$175.23
About this home
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.
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Home facts
- Year built:1928
- Listing ID #:1398560
- Added:15 day(s) ago
- Updated:November 01, 2025 at 03:50 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,852 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Gas
Structure and exterior
- Year built:1928
- Building area:3,852 sq. ft.
- Lot area:0.37 Acres
Utilities
- Water:Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$175.23
- Tax amount:$2,710 (2025)
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