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Under contract
  • $539,900

    55 Pleasant St, Westerly, RI 02891

    6beds
    2,098sqft
    : 
    $3,446/mo
    Get pre-qualified
    Multi Family
    Built in 1924
    -- sqft lot
    $527,400 Zestimate®
    $257/sqft
    $-- HOA

    What's special

    Three separate unitsMinimal exterior maintenance
    Opportunity to own a three-family property in Westerly’s historic North End. Offering three separate units with below-market rents and month-to-month tenancies, this property presents an excellent opportunity for an investor or owner-occupant looking to add value over time. Each unit features separate utilities, providing added convenience for ownership and management. Individual washer and dryer hookups for each unit are located in the basement. The property offers minimal exterior maintenance with no yard to maintain, along with a small detached garage providing additional storage or parking. With some updating and improvements, there may be an opportunity to increase rental income over time. Conveniently located near Downtown Westerly, Wilcox Park, shopping, restaurants, area amenities, and major routes. A great opportunity to add a three-family property to your investment portfolio in Westerly. Buyer and buyer’s agent to perform their own due diligence regarding rental income, property condition, zoning, permitted use, and potential future rents.
    45 days
    697
    34

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Raiche 401-207-6621,

    Town & Shore Realty

    Source: StateWide MLS RI,MLS#: 1419644MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Gas Water Heater
      • Laundry: In Building
      Features
      • Wall (Dry Wall), Wall (Plaster), Insulation (Unknown)
      • Flooring: Ceramic Tile, Hardwood, Vinyl
      • Basement: Full,Interior and Exterior,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,930
      • Total interior livable area: 2,098 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Stories: 3
      Lot
      • Size: 4,791 Square Feet
      Details
      • Parcel number: WESTM46B113

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Dry Wall, Plaster, Wood
      • Foundation: Concrete Perimeter, Mixed, Stone
      Condition
      • New construction: No
      • Year built: 1924

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Pleasant Street
      HOA
      • Has HOA: No
      Location
      • Region: Westerly

      Financial & listing details

      • Price per square foot: $257/sqft
      • Tax assessed value: $290,700
      • Annual tax amount: $2,262
      • Date on market: 8/14/2026
      • Total actual rent: 3600
      • Tenant pays: Heat

        Estimated market value

        $527,400

        $501,000 - $554,000

        $2,256/mo

        Price history

        DateEventPrice
        9/24/2026Contingent$539,900$257/sqft
        Source: StateWide MLS RI #1419644 Report a problem
        8/14/2026Listed for sale$539,900-5.2%$257/sqft
        Source: StateWide MLS RI #1419644 Report a problem
        4/30/2026Listing removed$569,300$271/sqft
        Source: StateWide MLS RI #1403186 Report a problem
        1/14/2026Listed for sale$569,300+80.7%$271/sqft
        Source: StateWide MLS RI #1403186 Report a problem
        2/19/2021Sold$315,000+1.6%$150/sqft
        Source: StateWide MLS RI #1272334 Report a problem
        2/2/2021Pending sale$309,900$148/sqft
        Source: StateWide MLS RI #1272334 Report a problem
        1/18/2021Contingent$309,900$148/sqft
        Source: StateWide MLS RI #1272334 Report a problem
        1/16/2021Listed for sale$309,900+16.9%$148/sqft
        Source: StateWide MLS RI #1272334 Report a problem
        6/29/2018Sold$265,000-1.5%$126/sqft
        Source: StateWide MLS RI #1186557 Report a problem
        5/14/2018Price change$269,000-1.8%$128/sqft
        Source: eXp Realty #1186557 Report a problem
        4/3/2018Listed for sale$274,000+82.7%$131/sqft
        Source: eXp Realty #1186557 Report a problem
        12/8/2015Sold$150,000-9.1%$71/sqft
        Source: Public Record Report a problem
        10/9/2015Pending sale$165,000$79/sqft
        Source: RE/MAX Professionals #1107287 Report a problem
        9/9/2015Listed for sale$165,000$79/sqft
        Source: RE/MAX Professionals #1107287 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,262 -5.4%$290,700 +27.1%
        2024$2,390 +3.5%$228,700
        2023$2,310 $228,700
        2022$2,310 +4.6%$228,700 +24.9%
        2021$2,208 +28.5%$183,100 +26.3%
        2020$1,718 +0.9%$145,000
        2019$1,702 +2.6%$145,000 +8%
        2018$1,659 +2.9%$134,300
        2017$1,612 $134,300
        2016$1,612 -9.8%$134,300 -15.6%
        2015$1,787 +1.6%$159,100
        2014$1,758 +1.4%$159,100
        2013$1,734 -0.6%$159,100 -7.8%
        2012$1,745 +1%$172,600
        2011$1,728 +3.2%$172,600
        2010$1,674 -15.2%$172,600 -22.5%
        2009$1,975 $222,700
        2008$1,975 +3.1%$222,700
        2007$1,915 +16.6%$222,700 +45.2%
        2006$1,643 +5%$153,400 +1%
        2005$1,565 -6.6%$151,900 +39.1%
        2003$1,676 $109,200
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 02891

        Getting around

        70 / 100
        Very Walkable
        13 / 100
        Minimal Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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