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4 Pearl Street, Westerly, RI 02891

$600,000
8
BD
4
BA
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Sold Price
$600,000
List Price
$675,000
Status
CLOSED
MLS#
1398560
Closing Date
Dec 12, 2025
Year Built
1928
Bedrooms
8
Bathrooms
4
Acres
0.37
Subdivision
North End
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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.

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Additional Information

Taxes
$2,710
Lot Size
16,117
Flooring
Vinyl
Heating
Gas
Cooling System Type
Window Unit(s)
Sewer
Connected
Water Source
Connected
Appliances
Gas Water Heater
Basement
Full, Unfinished
Parking Spaces
8
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Listing courtesy of Town & Shore Realty. Contact:

Selling Office: Town & Shore Realty.

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