$625,000

About this home

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.

Property details

MLS #

1414812

Property type

Multi Family

Subdivision

N/A

Status

Active

Days on market

19

On market date

N/A

Stories

2

Garage spaces

2

Lot size

0.97 acres

Nearby schools

Within 10 miles · public school directory data (NCES)