Multi Family at 69 School Street, Westerly
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42 photos

$625,000

Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1894
69 School Street
Westerly, RI 02891
Listed by Bhhs New England Properties

Highlights

Property type
Multi Family
Lot size
0.27 acres
On market
10 days

About this home

Welcome to 69 School Street in Westerly RI. This charming multi-family home sits on a gorgeous corner lot with spacious yard and offers a perfect mix of historic character and steady rental income. Built in the 1894 at the turn of the century, this property showcases classic architectural details throughout, including rich hardwood floors, an original staircase in foyer and wood trim that gives each unit a timeless, inviting feel. The vacant 2 bedroom, 2nd floor unit has been nicely updated and is ready for its next owner to move in as an owner-occupant or set their own market rent for a double-income stream. Tenant in 1st floor unit. Both units have been thoughtfully updated over the years to maintain structural integrity and comfort while preserving their original character. Complete with a shared backyard space perfect for outdoor relaxation and gardening and laundry room. New boiler in 2023. One heating system is shared between both units. Situated close to local historic downtown shops, dining, park and close to beaches.

Property details

MLS
Rhode Island Association of REALTORS®
MLS #
1427111
Property type
Multi Family
Subdivision
Near Downtown
Status
Active
Days on market
10
On market date
October 27, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
2
Lot size
0.27 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
State Street School
0.51 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
246
Student:teacher ratio
10.7:1
District
Westerly
Middle
Westerly Middle School
2.43 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
740
Student:teacher ratio
11.2:1
District
Westerly
High
Westerly High School
0.25 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
726
Student:teacher ratio
9.9:1
District
Westerly

Walkability

Blended score for Westerly's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

78
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks11
Schools9
Transit stops5
Pharmacies4

Market position

How this listing compares to current activity in Westerly, from live MLS data.

On the market 10 days -- 42 fewer days than Westerly's current average of 52 days.
For reference, the median list price across 152 active listings in Westerly right now is $542,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$3,914/mo
$125,000 down
$500,000 loan
Principal & interest$3,243
Property tax (est.)$521
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS®. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.