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Off market
  • $553,100

    61 Pierce St, Westerly, RI 02891

    6beds
    2,880sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $553,100 Zestimate®
    $192/sqft
    $3,028 Estimated rent

    Home value

    $553,100

    $509,000 - $597,000

    $3,028/mo

    Zestimate® history
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    $3,319/mo

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    What's special

    Completely Maintenance Free... Everything from Heating Systems to Electrical ,Plumbing, windows and Roof have been redone. The first Floor has A Two Bedroom and a One Bedroom. The second floor Has a Two bedroom and a One Bedroom With a third floor attic space that can be remodeled and add Great extra Space to one of the apartments on the second floor including increased Rental Revenue . Kitchen, living room and bathroom, hardwood floors, laminate and carpet fully renovated and maintenance free. All apartments have separate utilities. All Units have gas heat. Located on a nice size lot .09 acre. Great off street parking with Nice Concrete Partial Fenced Raw Iron Fencing to keep the property nicely Maintained. . Note: ROI with increased rents and updated is about 10.0% rate of return on equity. Great owner occupied or investment. . Tenant pays heat and electric. Beautiful hardwoods m This is an Old Westerly Classic! Come take a look. Great investment opportunity. THIS THIS PROPERTY IS IN THE RHODE ISLAND OPPORTUNITY ZONE FOR POTENTIAL CAPITAL GAINS DEFERRAL. Please provide proof of funds or preapproval

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas
    Appliances
    • Laundry: Common
    Interior area
    • Total interior livable area: 2,880 sqft

    Property

    Features
    • Exterior features: Stucco, Brick
    Lot
    • Size: 3,802 sqft
    Details
    • Parcel number: WESTM46B73

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: 200 Amps
    • Sewer: Connected

    Community & neighborhood

    Location
    • Region: Westerly

    Other

    Other facts
    • BasementRoomsType: Storage Area, Laundry, Common
    • Exterior: Vinyl Siding, Masonry, Porch, Patio, Storm Door
    • FinishedFloor: Hardwood, Wall to Wall Carpet, Ceramic
    • BasementAccess: Bulkhead
    • BasementFinish: Unfinished
    • Equipment: Dryer, Oven/Range, Refrigerator, Washer, Dishwasher, Microwave, Ceiling Fan, Carpeting
    • HeatingFuel: Gas
    • HeatPaidBy: Tenant
    • BasementType: Full
    • HotWater: Gas
    • Near: Golf, Highway Access, Hospital, Marina, Private School, Public School, Shopping, Interstate, Schools, Railroad
    • Laundry: Common
    • Wall: Dry Wall
    • Electric: 200 Amps
    • Plumbing: PVC
    • LotDescription: Paved Driveway, Sidewalks, Fenced
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected
    • SubsidizedHousing: 0
    • Type: Apartment
    • UnderConstruction: 0
    • Interior: Attic, Attic Stairs, Attic Storage
    • WaterSupply: Connected
    • Cooling: Individual Unit, Window Units
    • Insulation: Walls, Ceiling, Floors
    • HeatingSystem: Gas Connected
    • TimeShareYN: 0
    • ApxHeatCost: 1501-1800

    Price history

    DateEventPrice
    1/31/2020Sold$382,000-6.6%$133/sqft
    Source: StateWide MLS RI #1239091
    10/16/2019Listed for sale$409,000+935.4%$142/sqft
    Source: Adams & Adams Real Estate #1239091
    11/14/2001Sold$39,500-12.2%$14/sqft
    Source: Public Record
    2/6/2001Sold$45,000$16/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$3,650 +12.3%$469,100 +50.8%
    2024$3,251 +3.5%$311,100
    2023$3,142 $311,100

    Find assessor info on the county website

    Neighborhood: 02891

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $553,100
    2% more+ $11,062
    With Zillow Showcase(estimated)
    $564,162