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$675,000
35 Days On Site

4 Pearl Street
Westerly, RI 02891

For Sale|Multi Family|Pending
8
Beds
4
Total Baths
4
Full Baths
3,852
SqFt
$175
/SqFt
1928
Built
Subdivision:
NORTH END
County:
Washington
4 Pearl Street4 Pearl Street4 Pearl Street4 Pearl Street
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Monthly Payment (Est.)

$3,080
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$675,000
Days On Site 
35 Days
Bedrooms 
8
Inside Area (SqFt) 
3,852 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.37 Acres
Year Built 
1928
MLS® Number 
1398560
Status 
Pending
Property Tax 
$2,710.33
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 weeks agoStatus changed to Pending
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.37
Land Lease 
No
Number Of Stories 
3
Parking 
No Garage
Parking Spaces 
8
Property Sub Type 
Multi Family
SqFt Above 
3852
SqFt Total 
3852
Utilities 
Sewer ConnectedWater Connected
Interior Features
Appliances 
Gas Water Heater
Basement 
FullUnfinished
Cooling 
Window Unit(s)
Electric 
100 Amp Service200+ Amp Service
Fireplace Features 
None
Flooring 
Vinyl
Heating 
Natural Gas
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Exterior Features
Construction Details 
Vinyl Siding
Community Features
Community Features 
GolfRestaurant
Listing courtesy of Lisa Raiche of Town & Shore Realty 4017424012



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-11-28 01:01 AM UTC

Neighborhood & Commute
Source: Walkscore
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