2 Gravity Ct

4,154 Sq. Ft.
$132 / Sq. Ft.
4,154
Sq. Ft.
$132
per Sq. Ft.

Description

Excellent opportunity to own a well-maintained three-unit multifamily property offering income potential and long-term value. This property features three separate units with functional layouts, providing flexibility for investors who want rental income. Each 2 bedroom unit offers 5 rooms with comfortable living spaces with well-sized bedrooms, and practical kitchens and 1 bath. All appliances included stoves, refridgators, and dishwashers. One unit has it's own washer dryer. Community washer dryer...Excellent opportunity to own a well-maintained three-unit multifamily property offering income potential and long-term value. This property features three separate units with functional layouts, providing flexibility for investors who want rental income. Each 2 bedroom unit offers 5 rooms with comfortable living spaces with well-sized bedrooms, and practical kitchens and 1 bath. All appliances included stoves, refridgators, and dishwashers. One unit has it's own washer dryer. Community washer dryer is in the basement for units on the 1st and 3rd floor. Tenants have a 6 month lease until June 30, 2026. Lead safe certificate of compliance just completed. The property has been thoughtfully cared for, making it a solid, turnkey option with room to add value over time. Additional highlights include separate utilities, off-street parking, shared outdoor space, and convenient access to public transportation, shopping, dining, Wilcox park, and major commuter routes. Enjoy the best beaches in Rhode Island, just minutes away to Misquamicut, Westerly, and Watch Hill. beaches. If you are looking for a smart live-in investment, this 3-unit multifamily delivers reliable income with a desirable location. A rare opportunity you won't want to miss.
  1. Listed by Michelle VACCA • Brokerage DRE #REC.0014602 • BEACHCOMBER REAL ESTATE
    P: (401)-348-8669 info@ribeachcomber.com

Property Details for 2 Gravity Court

Subdivision Name
Downtown Wilcox Park area
Waterfront Features
Beach Access, Beach Front, Dock Access, River Access
LISTING UPDATED: 02/05/2026 07:34 PM

Property Details for 2 Gravity Court

StatusActive
MLS #1404261
Days on Market1
Taxes$3,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.11 AC / 5,000 SF
CountyWashington County

Location

Listing Courtesy of BEACHCOMBER REAL ESTATE
Add your commute

Building Information for 2 Gravity Court

Stories3Residences3Year Built1900Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$2,976 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,676

Property Taxes

$300

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Gravity Court

Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Westerly
  • Postal Code: 02891
  • State Or Province: RI
  • Zoning: R6
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 3
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: $3,600.00
  • Tax Assessed Value: 475300
  • Tax Lot: 112
  • Tax Map Number: 57
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 4154.0
  • Building Area Total: 4154.0
  • Frontage Length: 61
  • Living Area Source: Public Records
  • Lot Size Acres: 0.1148
  • Lot Size Area: 5000.0
  • Lot Size Square Feet: 5000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 2GRAVITYCTWEST
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
Utilities
  • Electric: Separate Meters
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Central, Gas, Zoned
  • Heating Y N: Yes
  • Interior Features: Bathtub, Interior Steps, Tub Shower
  • Laundry Features: Common Area
  • Rooms Total: 15
Multi Family
Income & Expenses Information
  • Operating Expense: $36,000.00
Unit 1 Information
  • Actual Rent: $1,000.00
  • Description: 6 month lease
  • Type: TwoBedroom
  • Unit Type Area: 1034.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,000.00
  • Description: 6 month lease
  • Type: TwoBedroom
  • Unit Type Area: 1034.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,000.00
  • Description: 6 month lease
  • Type: TwoBedroom
  • Unit Type Area: 1034.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 2 Gravity Court

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1404261

$549,000
Mar 21, 2016

Sold

Rhode Island Association of REALTORS® #1117651

$285,000
Mar 20, 2016

Sold (Public Record)

Public Record #567737923

$285,000

+2.4% / yr

Feb 21, 2016

Contract Signed

Rhode Island Association of REALTORS® #1117651

Feb 11, 2016

Listed (Active)

Rhode Island Association of REALTORS® #1117651

$289,000
Apr 3, 2006

Sold (Public Record)

Public Record #193766874

$225,000
DateEvent & SourcePrice
02/05/2026

Listed (Active)

Rhode Island Association of REALTORS® #1404261

$549,000
03/21/2016

Sold

Rhode Island Association of REALTORS® #1117651

$285,000
03/20/2016

Sold (Public Record)

Public Record #567737923

$285,000

+2.4% / yr

02/21/2016

Contract Signed

Rhode Island Association of REALTORS® #1117651

02/11/2016

Listed (Active)

Rhode Island Association of REALTORS® #1117651

$289,000
04/03/2006

Sold (Public Record)

Public Record #193766874

$225,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Gravity Court

Taxable ValueLand$148,100Additions$327,200Total$475,300
Tax Record2025$3,698 ($308 / month)
Home Facts
Baths3Total Finished SqFt2,585 SqFtAbove Grade Finished SqFt2,585 SqFtStories3Lot Size5,227 SqFtStyleTriplexYear Built1900CountyWASHINGTONAPNWEST M:57 B:112

Schools near 2 Gravity Court

This home is within Westerly School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
State Street School
PublicK to 4

Westerly Middle School
Public5 to 8

Westerly High School
Public9 to 12

Springbrook Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2 Gravity Court is a multi-family home for sale in Westerly, RI 02891. This listing's school district is Westerly School District. Nearby schools include State Street School, Westerly Middle School and Westerly High School. 2 Gravity Court is a 6-bed, 3-bath, 4,154 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BEACHCOMBER REAL ESTATE

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.