Here's fantastic opportunity to plant your roots and build instant equity in one of Rhode Island's favorite coastal communities! Nestled in vibrant Westerly, this charming 2-bedroom, 1.75-bath home offers roughly 884 sq. ft. of comfortable living space with endless potential PLUS an additional over 800 sq. ft in the partially finished walkout basement. The main house needs some work and personal touches, it features a solid layout ready for your updates and vision. Whether you're a first-time buyer looking to customize your dream home or a savvy investor seeking value, this property provides the perfect canvas to create something truly special. A standout highlight of this property is the incredible detached outbuilding! Fully set up as a private home office, it comes complete with electrical power and a dedicated heating and A/C mini-split system. Whether you need a quiet workspace, creative studio, or workshop, this climate-controlled extra space adds incredible functionality from day one. You can also use this space as a cabana for the above ground pool, the possibilities are endless. Relax on your raised second level 21x12 screened deck for outdoor living at it's finest Enjoy the best of Westerly living with easy access to a lively downtown packed with dining, boutique shops, and local events, plus nearby beaches, rivers, and parks just minutes away. Don't miss this chance to roll up your sleeves, add your personal style, and unlock real equity in a prime town!