NOT LISTED FOR SALE

61 Pierce St Westerly, RI 02891

6 Beds
4 Baths
5,784 Sq Ft
3,802 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $382,000 $66 Per Sq Ft

76 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Porch
  • Golf Course Community
  • Attic
  • Window Unit Cooling System

About This Home

As of January 2020

Completely Maintenance Free... Everything from Heating Systems to Electrical ,Plumbing, windows and Roof have been redone. The first Floor has A Two Bedroom and a One Bedroom. The second floor Has a Two bedroom and a One Bedroom With a third floor attic space that can be remodeled and add Great extra Space to one of the apartments on the second floor including increased Rental Revenue . Kitchen, living room and bathroom, hardwood floors, laminate and carpet fully renovated and maintenance free. All apartments have separate utilities. All Units have gas heat. Located on a nice size lot .09 acre. Great off street parking with Nice Concrete Partial Fenced Raw Iron Fencing to keep the property nicely Maintained. . Note: ROI with increased rents and updated is about 10.0% rate of return on equity. Great owner occupied or investment. . Tenant pays heat and electric. Beautiful hardwoods m This is an Old Westerly Classic! Come take a look. Great investment opportunity. THIS THIS PROPERTY IS IN THE RHODE ISLAND OPPORTUNITY ZONE FOR POTENTIAL CAPITAL GAINS DEFERRAL. Please provide proof of funds or preapproval

Last Agent to Sell the Property

Lisa Raiche

Town & Shore Realty License #REB.0018903 Listed on: 10/16/2019

Last Buyer's Agent

Lisa Raiche

Town & Shore Realty License #REB.0018903 Listed on: 10/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1920

Lot Details

  • 3,802 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Masonry

Interior Spaces

  • 5,784 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 73
  • Assessor Parcel Number 61PIERCESTWEST

Community Details

Overview

  • 4 Units
  • North End Subdivision

Recreation

  • Marina
  • Golf Course Community

Additional Features

  • Shops
  • Operating Expense $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,408

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 5784.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Masonry, Vinyl Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3802.0
  • Parcel #: 61PIERCESTWEST
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 2408.0
  • Tax Block: 73
  • Tax Lot: 1
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $382,000 -6.6% $66 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
10/16/2019 10/16/19 For Sale $409,000 -- $71 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1239091

State-Wide MLS