Under contract

$575,000

35 Pearl St, Westerly, RI 02891

4beds

2,080sqft

Get pre-qualified

Multi Family

Built in 1988

-- sqft lot

$552,200 Zestimate^®

$276/sqft

$-- HOA

What's special

Separate decksTwo-level layout

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.

63 days

541

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Baseboard

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater
Laundry: In Unit

Features

Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
Flooring: Carpet
Basement: Full,Interior and Exterior,Unfinished,Storage Space
Attic: Attic Stairs
Has fireplace: No

Interior area

Total structure area: 2,080
Total interior livable area: 2,080 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 6
Parking features: No Garage, Driveway
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 0.39 Acres

Details

Parcel number: WESTM37B142LB
Zoning: MDL-20

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Vinyl Siding
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1988

Utilities & green energy

Electric: 200+ Amp Service
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Golf, Hospital, Marina, Near Swimming, Tennis
Subdivision: Downtown/Northend

HOA

Has HOA: No

Location

Region: Westerly

Financial & listing details

Price per square foot: $276/sqft
Tax assessed value: $394,300
Annual tax amount: $3,068
Date on market: 4/22/2026
Total actual rent: 3600
Tenant pays: Heat

Estimated market value

$552,200

$525,000 - $580,000

$2,852/mo

Price history

Date	Event	Price
6/9/2026	Contingent	$575,000$276/sqft
Source: StateWide MLS RI #1410375 Report a problem
4/22/2026	Listed for sale	$575,000+240.1%$276/sqft
Source: StateWide MLS RI #1410375 Report a problem
8/7/2018	Listing removed	$1,150$1/sqft
Source: Real Property Management Report a problem
7/23/2018	Listed for rent	$1,150$1/sqft
Source: Real Property Management Report a problem
3/29/2017	Listing removed	$1,150$1/sqft
Source: Zillow Rental Manager Report a problem
3/28/2017	Listed for rent	$1,150$1/sqft
Source: Zillow Rental Manager Report a problem
12/30/2015	Sold	$169,078+0.6%$81/sqft
Source: Public Record Report a problem
10/13/2015	Pending sale	$168,100$81/sqft
Source: Westcott Properties #1109409 Report a problem
10/2/2015	Listed for sale	$168,100-45.1%$81/sqft
Source: Westcott Properties #1109409 Report a problem
1/31/2014	Sold	$306,036+9.3%$147/sqft
Source: Public Record Report a problem
8/1/2013	Listing removed	$280,000$135/sqft
Source: Westerly - WEICHERT, REALTORS - Suburban Properties #1028398 Report a problem
10/27/2012	Listed for sale	$280,000-11.1%$135/sqft
Source: Weichert, REALTORS Suburban #1028398 Report a problem
6/30/2005	Sold	$315,000+69.4%$151/sqft
Source: Public Record Report a problem
6/12/2003	Sold	$186,000$89/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,068 +4.6%	$394,300 +40.4%
2024	$2,934 +3.5%	$280,800
2023	$2,836	$280,800
2022	$2,836 -1.7%	$280,800 +17.4%
2021	$2,885 +1.8%	$239,200
2020	$2,835 +1%	$239,200
2019	$2,808 +2%	$239,200 +7.3%
2018	$2,753 +2.9%	$222,900
2017	$2,675	$222,900
2016	$2,675 +8.4%	$222,900 +1.4%
2015	$2,468 +1.6%	$219,800
2014	$2,429 +1.4%	$219,800
2013	$2,396 +3.3%	$219,800 -4.2%
2012	$2,319 +1%	$229,400
2011	$2,296 +3.2%	$229,400
2010	$2,225 -10.3%	$229,400 -18%
2009	$2,480	$279,600
2008	$2,480 +3.1%	$279,600
2007	$2,405 +11%	$279,600 +38.2%
2006	$2,167 +4.7%	$202,300 +0.6%
2005	$2,070	$201,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified