Westerly, RI 02891,4 Pearl ST
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Westerly, RI 02891,4 Pearl ST
Westerly, RI 02891,4 Pearl ST
Westerly, RI 02891,4 Pearl ST
Westerly, RI 02891,4 Pearl ST

$600,000

Est. payment /mo

$675,000

11.1%
Est.Price: ?

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4 Pearl ST Westerly, RI 02891

8 Beds

4 Baths

3,852 SqFt

SOLD DATE : 12/12/2025

Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,852 sqft

Price per Sqft $155

Subdivision North End

MLS Listing ID 1398560

Sold Date 12/12/25

Bedrooms 8

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,852

Year Built 1928

Annual Tax Amount $2,710

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Multi Family

Property Description

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.

Location

State RI

County Washington

Community North End

Rooms

Basement Full, Unfinished

Interior

Heating Gas

Cooling Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Water Heater

Exterior

Community Features Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 8

Garage No

Building

Sewer Connected

Water Connected

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 4PEARLSTWEST

Financing Conventional

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Listed by Town & Shore Realty
Bought with Town & Shore Realty
Joe Fazio

Joe Fazio

Team Manager | Broker | License ID: REB.0019090

+1(401) 345-2466

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