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18 Spring Street, Westerly
$529,900
7 Beds ⋅ 4 Baths
The bones are right, and the price reflects the work. A buyer who has done this before will see immediately what this property is worth with a little TLC. First time on the market, this rare four-unit multi-family sits a 10-minute walk from historic downtown Westerly, shops, restaurants, the Amtrak station, and just 12 minutes from Westerly's beaches, Misquamicut, and Watch Hill. The first and second-floor units each offer over 1,100 square feet of living space, with two bedrooms, a double parlor, and hardwoods throughout. Unit 1R is a spacious one-bedroom with a formal dining room and large living room with its own private entrance, privacy fence, and side yard. The third floor is a cozy retreat with an extra room for storage or a home office. Recent improvements include two brand-new heating systems and all-new water tanks. A four-bay garage and garden areas complete the property. Fully rented with long-standing tenants, 18 Spring Street offers the year-round consistency and reliability that make it an ideal investment property for investors, owner-occupants, or those looking to add a great property to their portfolio. Property Is Being Sold As-Is.

18 Spring Street, Westerly

Listing courtesy of Engel & Volkers Oceanside. Contact:

49 Benson Avenue, Westerly
$999,000
6 Beds ⋅ 2 Baths
Located in one of Westerly's most sought-after coastal neighborhoods, this rare two-family beach cottage presents an exceptional opportunity for investors, vacation homeowners, or those seeking a premier beach retreat. Just a short stroll from the sandy shoreline of Misquamicut and Benson Avenue Beach, this property offers the coveted coastal lifestyle that makes this area one of Rhode Island's most desirable seaside destinations. The existing structure features two separate units, each offering 3 bedrooms, a kitchen, and a half bath, providing flexible rental or family-use options. Two outdoor showers make it easy to rinse off after a day at the beach, while the property's location allows residents and guests to enjoy the charm, exclusivity, and limited inventory that define this highly desirable beach community. Situated on a cesspool system and notably not requiring flood insurance, the property offers a unique investment opportunity in a location where beach-area properties are tightly held and consistently in demand. Whether you're looking to renovate, maximize rental income, or create the ultimate coastal getaway, the possibilities are abundant. Buyer to perform all due diligence regarding property condition, future use, redevelopment potential, and all municipal requirements. Property is being sold as-is.

49 Benson Avenue, Westerly

Listing courtesy of ELITE Property Group. Contact:

76 Pleasant Street, Westerly
$579,300
4 Beds ⋅ 2 Baths
Investors Take Notice! This well-located two-unit multifamily property offers an excellent opportunity for investors, owner-occupants, or those looking to add income-producing real estate to their portfolio. The property features 4 bedrooms and 2 baths, with two separate living units offering flexibility and rental potential. Ideally situated within walking distance of Downtown Westerly, residents can enjoy the area's shops, restaurants, entertainment, and community amenities. Westerly Downtown Historic District The beautiful Westerly and Misquamicut beaches are approximately a 10-minute drive away, providing easy access to the Southern Rhode Island coastline. Additional highlights include a large backyard and ample parking area, desirable features for tenants and owner-occupants alike. A convenient location, two-unit configuration, outdoor space, and proximity to both downtown and the beach make this a compelling opportunity for those looking to invest in Westerly.

76 Pleasant Street, Westerly

Listing courtesy of Engel & Volkers Oceanside. Contact:

139 TOWER Street, Westerly
$639,900
6 Beds ⋅ 2 Baths
2 FAMILY IN THE BEAUTIFUL TOWN OF WESTERLY. THIS PROPERTY HAS BEEN REMODELED ON BOTH UNITS THROUGHOUT. FIRST FLOOR HAS 3 BEDROOMS AND SECOND FLOOR OFFERS 4 BEDROOM. BASEMENT OFFERS NICE FINISHED SPACE WITH A BATHROOM. FRONT PORCH ALONG WITH BACK PORCHES TO ENJOY SUNSETS. LARGE FENCED BACK YARD FOR ENTERTAINING. PARKING FOR 10 CARS OR MORE. CLOSE TO ALL AMENITIES INCLUDING THE LOCAL BEACHES. ON CONNECTICUT LINE.

139 TOWER Street, Westerly

Listing courtesy of Noel Realty Company. Contact:

55 Pleasant Street, Westerly
$539,900
6 Beds ⋅ 3 Baths
Opportunity to own a three-family property in Westerly's historic North End. Offering three separate units with below-market rents and month-to-month tenancies, this property presents an excellent opportunity for an investor or owner-occupant looking to add value over time. Each unit features separate utilities, providing added convenience for ownership and management. Individual washer and dryer hookups for each unit are located in the basement. The property offers minimal exterior maintenance with no yard to maintain, along with a small detached garage providing additional storage or parking. With some updating and improvements, there may be an opportunity to increase rental income over time. Conveniently located near Downtown Westerly, Wilcox Park, shopping, restaurants, area amenities, and major routes. A great opportunity to add a three-family property to your investment portfolio in Westerly. Buyer and buyer's agent to perform their own due diligence regarding rental income, property condition, zoning, permitted use, and potential future rents.

55 Pleasant Street, Westerly

Listing courtesy of Town & Shore Realty. Contact:

36 Ledward Avenue, Westerly
$625,000
6 Beds ⋅ 2 Baths
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.

36 Ledward Avenue, Westerly

Listing courtesy of Alpern and Mesenbourg. Contact:

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