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156 HIGH Street
156 HIGH Street
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Sold

156 HIGH Street

156 HIGH Street, Westerly, RI 0289`

$735,000
Welcome to 156 High Street, an outstanding three-family investment property in the heart of historic downtown Westerly! This turnkey asset is perfectly situated within walking distance of restaurants, shops, Amtrak, and Wilcox Park, offering an unbeatable blend of convenience and charm. The property features eight generously sized bedrooms across three units three-bedroom units on both the first and second floors, and a two-bedroom unit on the third floor, where the tenant is scheduled to vacate, creating an excellent opportunity for repositioning, enhanced rental income, or owner occupancy! Currently generating approximately $63K in gross annual income with minimal expenses, this property has significant room for growth. Also, the property also boasts a newer roof just over 11 years old as well as all major components in excellent condition! Additional highlights include a large driveway with ample parking for up to ten vehicles, ensuring parking is never an issue.

8
beds

3
baths

5,485 Sq.Ft. LIVING AREA

0.3 Acres lot

Chad Raiche

Chad Raiche

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms3
  • full bathrooms3
  • Laundry room In Unit
  • Flooring Laminate
  • Fireplace None
  • APPLIANCES Gas Water Heater
  • other interior Features Attic, Tub Shower

Area & Lot

  • Status Sold
  • Living Area5,485 Sq.Ft.
  • Total Area5,485 Sq.Ft.
  • Lot Area0.3 Acres
  • MLS® ID1381778
  • TypeMulti-Family
  • YEAR BUILT1900
  • NeighborhoodWesterly
  • Water FrontageWater Access

Exterior

  • STORIES4
  • water SourceConnected, Public
  • utilitiesSewer Connected
  • parkingNo Garage
  • HEAT TYPEBaseboard, Electric, Gas, Zoned
  • AIR CONDITIONINGWindow Unit(s)
  • sewerConnected, Public Sewer
  • SubstructureConcrete Perimeter
  • other exterior FeaturesPaved Driveway

Financial

  • Sales Price$735,000
  • Real Estate Tax $3,449/yr

Westerly

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