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Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,485 sqft
Price per Sqft $134
Subdivision North End
MLS Listing ID 1381778
Bedrooms 8
Full Baths 3
Year Built 1900
Annual Tax Amount $3,449
Tax Year 2024
Lot Size 0.300 Acres
Property Sub-Type Multi Family
Property Description
Welcome to 156 High Street, an outstanding three-family investment property in the heart of historic downtown Westerly! This turnkey asset is perfectly situated within walking distance of restaurants, shops, Amtrak, and Wilcox Park, offering an unbeatable blend of convenience and charm. The property features eight generously sized bedrooms across three units three-bedroom units on both the first and second floors, and a two-bedroom unit on the third floor, where the tenant is scheduled to vacate, creating an excellent opportunity for repositioning, enhanced rental income, or owner occupancy! Currently generating approximately $63K in gross annual income with minimal expenses, this property has significant room for growth. Also, the property also boasts a newer roof just over 11 years old as well as all major components in excellent condition! Additional highlights include a large driveway with ample parking for up to ten vehicles, ensuring parking is never an issue.
Location
State RI
County Washington
Community North End
Interior
Heating Baseboard, Electric, Gas, Zoned
Cooling Window Unit(s)
Flooring Laminate
Fireplaces Type None
Laundry In Unit
Exterior
Exterior Feature Paved Driveway
Community Features Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Utilities Available Sewer Connected
Waterfront Description Water Access
Building
Foundation Concrete Perimeter
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Drywall,Vinyl Siding
New Construction No
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Bought with Mott & Chace Sotheby's Intl.
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