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Off market
  • $648,700

    16 West St, Westerly, RI 02891

    5beds
    1,000sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $648,700 Zestimate®
    $649/sqft
    $2,132 Estimated rent

    Home value

    $648,700

    $597,000 - $707,000

    $2,132/mo

    Zestimate® history
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    $2,132/mo

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    Rent Zestimate®

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    $3,234/mo

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    $3,234/mo

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    What's special

    ENTERED FOR STATISTICAL PURPOSES ONLY ************* The first & second floor have two bedrooms (1307 SF and 1060 SF), large kitchen, pantry, dining room. living room and bathroom, hardwood floors and laminate, needs TLC.  Third floor is an attic apartment, recently rented, two bedrooms, living room, kitchen and bathroom. The attic the ceiling in the living room has the roof line.  There is also a really nice big garage used for rental income, boat or car storage (768 SF). All apartments have separate utilities. Located on a nice size lot .23 acre.   Roof unknown, peeling paint, asbestos in basement, have quote. Note: ROI with increased rents and updated is about 10.0% rate of return on equity.  Great owner occupied or investment.   Turn of the century 3 family. Each unit has 2 bedrooms. Tenant pays heat and electric. Beautiful hardwoods need buffing, moldings, casements, built-ins, and pocket doors.  This is an Old Westerly Classic! Selling "as is" must have conventional loan or cash. THIS THIS PROPERTY IS IN THE RHODE ISLAND OPPORTUNITY ZONE FOR POTENTIAL CAPITAL GAINS DEFERRAL.

    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: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas, Oil
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 9,918 sqft
    Details
    • Parcel number: WESTM47B29

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 200 Amps
    • Sewer: Connected

    Community & neighborhood

    Location
    • Region: Westerly

    Other

    Other facts
    • Exterior: Vinyl Siding, Porch
    • FinishedFloor: Hardwood
    • BasementFinish: Unfinished
    • GarageDesc: Detached
    • HeatingFuel: Gas, Oil
    • BasementAccess: Interior and Exterior
    • HeatPaidBy: Tenant
    • BasementType: Full
    • HotWater: Gas
    • FoundationType: Concrete
    • Near: Golf, Highway Access, Shopping, Interstate, Schools, Railroad
    • Wall: Dry Wall, Paneled
    • Electric: 200 Amps
    • Plumbing: Copper, PVC, Mixed
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected
    • SubsidizedHousing: 0
    • Type: Apartment
    • UnderConstruction: 0
    • WaterSupply: Connected
    • HeatingSystem: Baseboard, Steam
    • Historic: Unknown
    • Insulation: Ceiling
    • TimeShareYN: 0

    Price history

    DateEventPrice
    5/29/2020Sold$370,000+23.3%$370/sqft
    Source: StateWide MLS RI #1254442 Report a problem
    1/25/2020Listing removed$1,100$1/sqft
    Source: RE/MAX South County #1243202 Report a problem
    1/5/2020Price change$1,100-21.4%$1/sqft
    Source: RE/MAX South County #1243202 Report a problem
    12/5/2019Price change$1,400-11.1%$1/sqft
    Source: RE/MAX South County #1241857 Report a problem
    11/22/2019Listed for rent$1,575$2/sqft
    Source: RE/MAX South County #1241857 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,242 +8.8%$545,200 +46.2%
    2024$3,898 +3.5%$373,000
    2023$3,767 $373,000

    Find assessor info on the county website

    Neighborhood: 02891

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $648,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $648,700