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$499,999
Est. payment /mo
4 Beds
2 Baths
1,642 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,642 sqft
Price per Sqft $304
MLS Listing ID 24178358
Style Units on different Floors
Bedrooms 4
Full Baths 2
Year Built 1898
Annual Tax Amount $3,390
Lot Size 6,534 Sqft
Property Sub-Type 2 Family
Property Description
Immaculate up/down two-family property located just a stone's throw from Downtown Westerly, offering an exceptional opportunity for investors & potential owner occupancy down the line. Both units are completely turnkey and fully rented, making this a true plug-and-play investment at an incredible value. Major updates have already been completed within the last three years, including but limited to the roof, windows, electrical, plumbing, and both hot water heaters - allowing the next owner to simply take over and collect rental income with peace of mind. Each unit features its own private entrance, separate utilities, in-unit laundry, and private deck space, creating a highly desirable setup for tenants and easy long-term management. The property also offers strong in-place rents with the upstairs unit leased at $2,000/month through March 2027 and the downstairs unit leased at $1,800/month through April 2027. Situated on a desirable corner lot with room to further enhance curb appeal through simple landscaping improvements. A detached two-car garage adds tremendous convenience, storage, and additional value to the property. Conveniently located just minutes from Downtown Westerly's restaurants, shops, beaches, and train station. Schedule your showing today.
Location
State CT
County New London
Zoning RH-10
Rooms
Basement Partial
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Parking Features Detached Garage, Paved, Off Street Parking, Driveway
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Sloping Lot
Foundation Concrete, Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Lisa Raiche • Town & Shore Realty
Nearby Locations
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