$600,000
SOLD MAR 20, 2026

2 Gravity Ct Westerly, RI 02891

6 Beds
3 Baths
4,154 Sq Ft
5,001 Sq Ft Lot

Sale Details

Date Sold: March 20, 2026

$144 Per Sq Ft

9% Above List Price

8 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Community Pool
  • Marina
  • Wood Flooring
  • 5-minute walk to Wilcox Park

About This Home

As of March 2026

Excellent opportunity to own a well-maintained three-unit multifamily property offering income potential and long-term value. This property features three separate units with functional layouts, providing flexibility for investors who want rental income. Each 2 bedroom unit offers 5 rooms with comfortable living spaces with well-sized bedrooms, and practical kitchens and 1 bath. All appliances included stoves, refridgators, and dishwashers. One unit has it's own washer dryer. Community washer dryer is in the basement for units on the 1st and 3rd floor. Tenants have a 6 month lease until July 31, 2026. Lead safe certificate of compliance just completed. The property has been thoughtfully cared for, making it a solid, turnkey option with room to add value over time. Additional highlights include separate utilities, off-street parking, shared outdoor space, and convenient access to public transportation, shopping, dining, Wilcox park, and major commuter routes. Enjoy the best beaches in Rhode Island, just minutes away to Misquamicut, Westerly, and Watch Hill. beaches. If you are looking for a smart live-in investment, this 3-unit multifamily delivers reliable income with a desirable location. A rare opportunity you won't want to miss.

Last Agent to Sell the Property

MICHELLE VACCA

BEACHCOMBER REAL ESTATE License #REC.0014602 Listed on: 02/05/2026

Last Buyer's Agent

Jennifer Serafin

Coldwell Banker Coastal Homes License #RES.0046980

Coldwell Banker Coastal Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Beach Front

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,154 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Zoned Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 2GRAVITYCTWEST

Community Details

Overview

  • 3 Units
  • Downtown Wilcox Park Area Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Building Details

  • Operating Expense $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1900

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: Downtown Wilcox Park area
  • Above Grade Finished Sq Ft: 4154.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Interior Steps, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3

Exterior Features

  • Waterfront Features: Beach Access, Beach Front, Dock Access, River Front
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Gas, Zoned
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 2GRAVITYCTWEST
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 36000.0

Tax Info

  • Tax Annual Amount: 3600.0
  • Tax Lot: 112
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 21, 2016
Sold by
Gilmore 4Th Stiles M
Bought by
Presti Steven J
Seller's Agent
Mark Wright
Coldwell Banker Coastal Homes
Buyer's Agent
MICHELLE VACCA
BEACHCOMBER REAL ESTATE
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Tenuta John M
Bought by
Gilmore 4Th Stiles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 --
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,750 Purchase Money Mortgage
Previous Owner $215,000 No Value Available
Previous Owner $189,000 No Value Available
Previous Owner $160,370 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2026 03/20/26 Sold $600,000 +9.3% $144 / Sq Ft
02/13/2026 02/13/26 Pending -- -- --
02/05/2026 02/05/26 For Sale $549,000 +92.6% $132 / Sq Ft
03/21/2016 03/21/16 Sold $285,000 -1.4% $120 / Sq Ft View Prior Sale
02/20/2016 02/20/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $289,000 -- $122 / Sq Ft
Source: State-Wide MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,698 $475,300 $148,100 $327,200
2024 $3,512 $336,100 $105,800 $230,300
2023 $3,415 $336,100 $105,800 $230,300
2022 $3,395 $336,100 $105,800 $230,300
2021 $3,468 $287,600 $92,000 $195,600
2020 $3,408 $287,600 $92,000 $195,600
2019 $3,376 $287,600 $92,000 $195,600
2018 $3,221 $260,800 $92,000 $168,800
2017 $3,130 $260,800 $92,000 $168,800
2016 $3,130 $260,800 $92,000 $168,800
2015 $3,002 $267,300 $93,900 $173,400
2014 $2,954 $267,300 $93,900 $173,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1404261

State-Wide MLS

APN: WEST-000057-000112

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