59 Pierce St

4,176 Sq. Ft.
$86 / Sq. Ft.
4,176
Sq. Ft.
$86
per Sq. Ft.

Description

Welcome to 59 Pierce Street, Westerly, RI - a smart investment opportunity in a desirable location BEING SOLD AS IS. This triplex boasts a total of 3 bathrooms spread across 2506 square feet of living space, situated on a 4972 square foot lot. Each unit offers a unique layout, providing flexibility for potential tenants or owners. The property's convenient month-to-month tenancy agreements offer flexibility for the new owner. With no flood insurance required, this property presents a low-risk investment....Welcome to 59 Pierce Street, Westerly, RI - a smart investment opportunity in a desirable location BEING SOLD AS IS. This triplex boasts a total of 3 bathrooms spread across 2506 square feet of living space, situated on a 4972 square foot lot. Each unit offers a unique layout, providing flexibility for potential tenants or owners. The property's convenient month-to-month tenancy agreements offer flexibility for the new owner. With no flood insurance required, this property presents a low-risk investment. Whether you're looking to expand your real estate portfolio or seeking a multi-unit property for personal use, 59 Pierce Street is being sold "as is". Don't miss out on this rare find in a sought-after area - schedule your showing today!

Listing Agent

  1. Rick Wucik

    Rick Wucik

    Listing Agent

    Compass

    P: (401)-741-0784

Property Details for 59 Pierce Street

Subdivision Name
North End
LISTING CLOSED: 07/01/2024 12:00 AM

Property Details for 59 Pierce Street

StatusClosed
MLS #1358452
Days on Market5
Taxes$2,696 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1930
Lot Size0.11 AC / 4,792 SF
CountyWashington County

Location

Sold By Baker Realty Group

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Building Information for 59 Pierce Street

Stories2Residences3Year Built1930Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$2,047 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,822

Property Taxes

$225

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 59 Pierce Street

Summary
Location and General Information
  • City: Westerly
  • Postal City: Westerly
  • Postal Code: 02891
  • Postal Code Plus4: 6140
  • 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
  • Tax Annual Amount: $2,696.44
  • Tax Assessed Value: 265400
  • Tax Lot: 74
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Fin SQFT: 4176.0
  • Building Area Total: 4176.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.11
  • Lot Size Area: 4792.0
  • Lot Size Square Feet: 4792.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 59PIERCESTWEST
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1930
  • C L I P: 7,697,089,463
Utilities
  • Electric: Item100Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater, Water Heater
  • Basement: Partial, Unfinished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Vinyl
  • Heating: Gas, Steam
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $6,000.00
Unit 1 Information
  • Actual Rent: $1,200.00
  • Unit Type Area: 1200.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,100.00
  • Unit Type Area: 750.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $750.00
  • Unit Type Area: 650.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 59 Pierce Street

DateEvent & SourcePriceAppreciation
Jul 1, 2024

Sold

Rhode Island Association of REALTORS® #1358452

$358,500
Jun 30, 2024

Sold (Public Record)

Public Record #1535127358

$358,500

+9.7% / yr

Jun 8, 2024

Contract Signed

Rhode Island Association of REALTORS® #1358452

DateEvent & SourcePrice
07/01/2024

Sold

Rhode Island Association of REALTORS® #1358452

$358,500
06/30/2024

Sold (Public Record)

Public Record #1535127358

$358,500

+9.7% / yr

06/08/2024

Contract Signed

Rhode Island Association of REALTORS® #1358452

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

Public Records for 59 Pierce Street

Taxable ValueLand$68,700Additions$288,800Total$357,500
Tax Record2025$2,781 ($232 / month)
Home Facts
Baths3Total Finished SqFt2,784 SqFtAbove Grade Finished SqFt2,784 SqFtStories2Lot Size4,972 SqFtStyleTriplexYear Built1930Year Renovated1930CountyWASHINGTONAPNWEST M:46 B:74

Schools near 59 Pierce Street

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
Springbrook Elementary School
PublicK to 4

Westerly Middle School
Public5 to 8

Westerly High School
Public9 to 12

State Street 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
$382,000
6
5,784
3,802
2
2,958
11,663
$51,500
20,800
$400,000
9
5,734
7,307
$180,000
2.5
2,649
8,614

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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.