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$529,900
7 Beds ⋅ 4 Baths
The bones are right, and the price reflects the work. A buyer who has done this before will see immediately what this property is worth with a little TLC. First time on the market, this rare four-unit multi-family sits a 10-minute walk from historic downtown Westerly, shops, restaurants, the Amtrak station, and just 12 minutes from Westerly's beaches, Misquamicut, and Watch Hill. The first and second-floor units each offer over 1,100 square feet of living space, with two bedrooms, a double parlor, and hardwoods throughout. Unit 1R is a spacious one-bedroom with a formal dining room and large living room with its own private entrance, privacy fence, and side yard. The third floor is a cozy retreat with an extra room for storage or a home office. Recent improvements include two brand-new heating systems and all-new water tanks. A four-bay garage and garden areas complete the property. Fully rented with long-standing tenants, 18 Spring Street offers the year-round consistency and reliability that make it an ideal investment property for investors, owner-occupants, or those looking to add a great property to their portfolio. Property Is Being Sold As-Is.

18 Spring Street, Westerly

Listing courtesy of Engel & Volkers Oceanside. Contact:

$850,000
4 Beds ⋅ 3 Baths
Be the first to see this truly unique two-family property in Westerly! Offering a layout unlike your traditional multi-family, this property provides the feel and privacy of a single-family home with an attached apartment creating an ideal opportunity for owner-occupants, multi-generational living, or additional rental income. The spacious owner-occupied side has been meticulously maintained and thoughtfully updated, featuring beautiful finishes, gleaming hardwood floors throughout, and true move-in-ready condition. Outside, enjoy an expansive private yard designed for entertaining and relaxation, complete with a fenced-in pool and patio area, plus a detached two-car garage offering additional parking and storage. The attached apartment provides excellent flexibility and is currently being used for family. Continue that arrangement for multi-generational living or explore the potential to generate rental income and help offset monthly housing expenses. A rare opportunity to own a distinctive and exceptionally maintained two-family property in Westerly with the space, privacy, amenities, and versatility that are difficult to find in a traditional multi-family home.

6 Colonial Drive, Westerly

Listing courtesy of Town & Shore Realty. Contact:

$999,000
6 Beds ⋅ 2 Baths
Located in one of Westerly's most sought-after coastal neighborhoods, this rare two-family beach cottage presents an exceptional opportunity for investors, vacation homeowners, or those seeking a premier beach retreat. Just a short stroll from the sandy shoreline of Misquamicut and Benson Avenue Beach, this property offers the coveted coastal lifestyle that makes this area one of Rhode Island's most desirable seaside destinations. The existing structure features two separate units, each offering 3 bedrooms, a kitchen, and a half bath, providing flexible rental or family-use options. Two outdoor showers make it easy to rinse off after a day at the beach, while the property's location allows residents and guests to enjoy the charm, exclusivity, and limited inventory that define this highly desirable beach community. Situated on a cesspool system and notably not requiring flood insurance, the property offers a unique investment opportunity in a location where beach-area properties are tightly held and consistently in demand. Whether you're looking to renovate, maximize rental income, or create the ultimate coastal getaway, the possibilities are abundant. Buyer to perform all due diligence regarding property condition, future use, redevelopment potential, and all municipal requirements. Property is being sold as-is.

49 Benson Avenue, Westerly

Listing courtesy of ELITE Property Group. Contact:

$529,000
4 Beds ⋅ 2 Baths
Located in the Heart of Westerly. 2 family home side by side with 2 bedrooms and 1 bath each side, 2 car garage and a shed. This Property could be used as a single family with an in-law set up. The 2 apartments have access to each other now. Door can be closed and filled in to be 100% separate. Awesome setting nice property set on almost 2 acres of land. This is a wonderful opportunity to own a very special and unique property.

160 Westerly Bradford Road, Westerly

Listing courtesy of Dandurand Real Estate. Contact:

$650,000
3 Beds ⋅ 4 Baths
Nice Multi Family with Many Upgrades, Heat, Electric, Cable is Paid by Seller. Seller May Hold Mortgage. 6 Units - 3 Are Studios

50 North Main Street, Westerly

Listing courtesy of RE/MAX ADVANTAGE GROUP. Contact:

$529,900
4 Beds ⋅ 2 Baths
Investors and owner-occupants take notice! Prime turn-key two-family property situated in Westerly's highly desirable Tower Street area. Delivered completely vacant, offering the rare and valuable opportunity to set your own market rents, select your ideal tenants, or move right in to owner-occupy while generating rental income. Features (2) two spacious two-bedroom, 1 bath units, offering an exceptional setup for comfortable daily living. A lower-level unit provides additional partially finished space with great versatility to suit a variety of layout needs. This multi-family home is designed for low-maintenance, efficient management with public city water, public sewer, and separate utilities for each unit. Each unit also includes dedicated, individual washer and dryer hookups a highly sought-after amenity for quality tenants. Location is everything! Enjoy incredible everyday convenience just minutes from vibrant downtown Westerly. Take advantage of easy access to historic Wilcox Park, the Westerly Library, award-winning local restaurants, boutique shopping, nearby coastal attractions, beaches and more. Whether you are looking to expand your investment portfolio or jumpstart homeownership with a multi-family property, 11 Maybrey Drive offers location, flexibility, and strong potential. Schedule your showing today!

11 Maybrey Drive, Westerly

Listing courtesy of RE/MAX South County. Contact:

$579,300
4 Beds ⋅ 2 Baths
Investors Take Notice! This well-located two-unit multifamily property offers an excellent opportunity for investors, owner-occupants, or those looking to add income-producing real estate to their portfolio. The property features 4 bedrooms and 2 baths, with two separate living units offering flexibility and rental potential. Ideally situated within walking distance of Downtown Westerly, residents can enjoy the area's shops, restaurants, entertainment, and community amenities. Westerly Downtown Historic District The beautiful Westerly and Misquamicut beaches are approximately a 10-minute drive away, providing easy access to the Southern Rhode Island coastline. Additional highlights include a large backyard and ample parking area, desirable features for tenants and owner-occupants alike. A convenient location, two-unit configuration, outdoor space, and proximity to both downtown and the beach make this a compelling opportunity for those looking to invest in Westerly.

76 Pleasant Street, Westerly

Listing courtesy of Engel & Volkers Oceanside. Contact:

$625,300
8 Beds ⋅ 3 Baths
Investors Take Notice! This three-unit multifamily property presents an excellent opportunity for investors, owner-occupants, or those looking to add a strong income-producing property to their portfolio. Offering 8 bedrooms and 3 baths, the property provides flexible living arrangements and desirable rental potential. Ideally located within walking distance of Downtown Westerly, with its restaurants, shops, and amenities, while the beautiful beaches of Westerly and Misquamicut are just a short drive away. The property also features a large backyard and generous parking area, valuable amenities for both tenants and owners. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income, or capitalize on Westerly's sought-after coastal location, this property offers an opportunity worth exploring. Convenient location, multiple units, ample parking, and proximity to downtown and the beach make this a compelling investment opportunity.

78 Pleasant Street, Westerly

Listing courtesy of Engel & Volkers Oceanside. Contact:

$639,900
6 Beds ⋅ 2 Baths
2 FAMILY IN THE BEAUTIFUL TOWN OF WESTERLY. THIS PROPERTY HAS BEEN REMODELED ON BOTH UNITS THROUGHOUT. FIRST FLOOR HAS 3 BEDROOMS AND SECOND FLOOR OFFERS 4 BEDROOM. BASEMENT OFFERS NICE FINISHED SPACE WITH A BATHROOM. FRONT PORCH ALONG WITH BACK PORCHES TO ENJOY SUNSETS. LARGE FENCED BACK YARD FOR ENTERTAINING. PARKING FOR 10 CARS OR MORE. CLOSE TO ALL AMENITIES INCLUDING THE LOCAL BEACHES. ON CONNECTICUT LINE.

139 TOWER Street, Westerly

Listing courtesy of Noel Realty Company. Contact:

$539,900
6 Beds ⋅ 3 Baths
Opportunity to own a three-family property in Westerly's historic North End. Offering three separate units with below-market rents and month-to-month tenancies, this property presents an excellent opportunity for an investor or owner-occupant looking to add value over time. Each unit features separate utilities, providing added convenience for ownership and management. Individual washer and dryer hookups for each unit are located in the basement. The property offers minimal exterior maintenance with no yard to maintain, along with a small detached garage providing additional storage or parking. With some updating and improvements, there may be an opportunity to increase rental income over time. Conveniently located near Downtown Westerly, Wilcox Park, shopping, restaurants, area amenities, and major routes. A great opportunity to add a three-family property to your investment portfolio in Westerly. Buyer and buyer's agent to perform their own due diligence regarding rental income, property condition, zoning, permitted use, and potential future rents.

55 Pleasant Street, Westerly

Listing courtesy of Town & Shore Realty. Contact:

$475,000
4 Beds ⋅ 4 Baths
This property was built in 1902. The square footage is 1267. There are two units, each with 2 bedrooms and 1 updated bathroom. There is a possibility of a third floor unit. (New owner to check with zoning). The two car garage makes this property perfect for generating fantastic income as each unit can have a space in the shared garage or you can rent out the garage for extra income. The owner could live in one unit and rent out the other, or rent you both units. The vinyl siding is in great condition, the windows are as well. There are 3 different paved parking locations. Two of them on Tower St. The best driveway goes right to the two car garage. That entrance is the second right off of Thompson Ave, Westerly. This property sits high up on a hill and the gentle breeze constantly flows. It makes it feel open and fresh. The neighbors are friendly, respectful and quiet. Town is close by but far enough away to not be in the middle of it. The house is being sold as is.

53 Tower Street, Westerly

Listing courtesy of www.HomeZu.com. Contact:

$625,000
6 Beds ⋅ 2 Baths
A rare investment opportunity in Westerly. This well-maintained duplex cherished by the same family for nearly three decades sits on a full acre of beautifully manicured lawn with mature trees and room to expand. This property meets the requirements for an ADU and still holds significant potential. Buyer to verify. Each unit offers 3 bedrooms, 1 bathroom, and a versatile bonus room ideal for storage, a home office, or a creative space. The entire property has just been freshly painted, setting the stage for your vision. With a bit of added TLC, the potential here is exceptional. Rent both units for strong cash flow, or live in one and Airbnb/VRBO the other to significantly offset your mortgage. Current three-bedroom rentals in Westerly commonly exceed $2,000 per month, making this a high-demand, high-return opportunity. A two-car garage and two additional sheds provide abundant storage. The location is unbeatable just a short walk to downtown Westerly, Westerly High School, restaurants, shops, and community amenities, and only a 10-minute drive to the beach. Convenience meets coastal living. Whether you're an investor seeking reliable rental income or a homeowner looking for flexibility and long-term value, this spacious, well-cared-for multifamily property stands out in today's market. Opportunities like this don't come around often.

36 Ledward Avenue, Westerly

Listing courtesy of Alpern and Mesenbourg. Contact:

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