Great opportunity to own a three family home close to downtown Westerly and only a short distance to the areas beaches and attractions. Currently owner occupied, this property generates 19,200 a year, far below market. Tremendous opportunity to add value to this property and see cash flow increase to 40,800 a year. Current rent/market Unit 1: owner/1,000 Unit 2: 800/1,200 Unit 3: 800/1,200. Also, potential to combine 3rd unit with unfinished top floor to provide additional living space. Roof, hot water heaters, furnace, electrical panels, exterior paint, have all been done within the past 8 years. Home is connected to city gas/water/sewer. Separate entrances, utilities, and off street parking.
Sold for $455,000 on 05/05/25
$455,000
25 Noyes Ave, Pawcatuck, CT 06379
7beds
2,856sqft
MultiFamily
Built in 1900
-- sqft lot
$462,900 Zestimate®
$159/sqft
$2,388 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Gas, Oil
Cooling
- wall unit
Appliances
- Included: Washer
- Laundry: Basement Hook-Up(s), Washer/Dryer Some Units, All Units Have Hook-Ups
Features
- Basement: Partial, Interior Entry, Storage Space
- Attic: Walk-up
Interior area
- Total interior livable area: 2,856 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Patio & porch: Porch
- Exterior features: Shingle (Not Wood), Stone, Wood, Brick, Cement / Concrete
- Waterfront features: River Front, Walk To Water
Lot
- Size: 7,840 sqft
- Features: Cul-de-Sac
Details
- Parcel number: STONM1B3L3
- Zoning: RH-10
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors, 3updown - Unit(s) per Floor
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Pawcatuck
HOA & financial
Other financial information
- Total actual rent: 329000
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Oil, Natural Gas, Space Heater
- Roof: Asphalt
- AssociationYN: 0
- HeatingYN: true
- ExteriorFeatures: Awning(s), Garden, Lighting, Breezeway, Stone Wall
- NumberOfUnitsTotal: 3
- Basement: Partial, Interior Entry, Storage Space
- GrossIncome: 19200
- CommunityFeatures: Putting Green, Golf, Park, Public Transportation, Library
- ConstructionMaterials: Concrete, Wood Siding, Brick, Shingle Siding
- LotFeatures: Cul-de-Sac
- NumberOfUnitsInCommunity: 3
- ParkingFeatures: Driveway, Off Street, On Site
- PatioAndPorchFeatures: Porch
- WaterfrontFeatures: River Front, Walk To Water
- Cooling: Wall Unit(s), Ceiling Fan(s)
- YearBuiltSource: Public Records
- Attic: Walk-up
- FoundationDetails: Concrete
- WaterSource: Public Water Connected
- TotalActualRent: 329000.00
- Zoning: RH-10
- LaundryFeatures: Basement Hook-Up(s), Washer/Dryer Some Units, All Units Have Hook-Ups
- ArchitecturalStyle: Units on different Floors, 3updown - Unit(s) per Floor
- MlsStatus: Active
- TaxAnnualAmount: 4119
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$462,900
2% more+ $9,258
With Zillow Showcase(estimated)
$472,158