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4 Pearl Street, 
Westerly, RI 02891

$675,000


8

Beds


4

Baths


3,852

Sq Ft


Multi-Family

Active

Listed by

Lisa Raiche

Chad Raiche

Town & Shore Realty

Last updated:

October 27, 2025, 02:03 PM

MLS#

1398560

Source:

RI STATEWIDE

About This Home

4 Pearl Street

An incredible investment opportunity awaits in Westerly's rapidly growing Historic North End. This well-maintained 4-family property has been owned by the same meticulous owner since 1993, showcasing over three decades of pride in ownership and consistent care. Each unit is in very good condition, and the property's mechanicals have been thoughtfully updated over time, offering both stability and peace of mind for any new owner. Currently generating $4,300 per month ($52,000 annually) in rental income, this property presents a clear value-add opportunity with undermarket rents in one of Westerly's most up-and-coming neighborhoods. All units feature gas heat and are fully leased, making this a wonderful investment from day one. The location couldn't be more convenient just minutes to I-95, Downtown Westerly, Amtrak Station, shops, and restaurants, providing strong tenant appeal and long-term appreciation potential.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1928

Price Summary

675,000

$175 per Sq. Ft.

MLS #:

1398560

Last Updated:

October 27, 2025, 02:03 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,852 Sq. Ft.


Structure

Structure

Building Area:

3,852 Sq. Ft.

Year Built:

1928


Lot

Lot Size (Sq. Ft):

16,117


Finances & Disclosures

Finances

Price:

$675,000

Price per Sq. Ft:

$175 per Sq. Ft.

MLS Logo
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Coastal Homes are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: October 27, 2025

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