63 Pierce St

Westerly, RI 02891

$400,000
Last Sold Price
9
Beds
5,734 Sq. Ft.
$70 / Sq. Ft.
5,734
Sq. Ft.
$70
per Sq. Ft.
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Closed 9/28/21
Closed 9/28/21

Description

This large FOUR-FAMILY home is located in Westerly's historic north end. The first floor has TWO 2BR apartments and the second floor has one 2BR and one 3BR apartment. Maintenance free vinyl siding, hardwood floors, ceramic tiles, and laminate throughout. Tenants pay own utilities with separate meters. Plenty of parking both on and off street. Property is a fabulous return on investment generating over $50K in yearly gross income! Don't miss out on this excellent opportunity! Serious buyers only....This large FOUR-FAMILY home is located in Westerly's historic north end. The first floor has TWO 2BR apartments and the second floor has one 2BR and one 3BR apartment. Maintenance free vinyl siding, hardwood floors, ceramic tiles, and laminate throughout. Tenants pay own utilities with separate meters. Plenty of parking both on and off street. Property is a fabulous return on investment generating over $50K in yearly gross income! Don't miss out on this excellent opportunity! Serious buyers only. Please provide proof of funds or pre-approval with showing request.
  1. Listed by Rick Annese • Brokerage DRE #REB.0018642 • Homewerx Realty Inc.
    P: (508)-344-7874 rick@homewerxrealty.com

Amenities

  • Attic
  • Baseboard Heating
  • Basement
  • Ceramic Floors
  • Dishwasher
  • Electric Heat
  • Electric Oven
  • Full Basement
LISTING CLOSED: 09/28/2021 12:00 AM

Property Details for 63 Pierce Street

StatusClosed
MLS #1288534
Days on Market21
Taxes$1,660 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1930
Lot Size0.17 AC / 7,307 SF
CountyWashington County
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Location

Listing Courtesy of Homewerx Realty Inc.

Sold By Century 21 Access America

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Building Information for 63 Pierce Street

Stories2Residences4Year Built1930Building Size-Lot Size0.17 AC / 7,307 SF

Payment Calculator

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$2,171 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,033

Property Taxes

$138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 63 Pierce Street

Summary
Location and General Information
  • City: Westerly
  • Community Features: Near Schools, Shopping, Sidewalks
  • Postal City: Westerly
  • Postal Code: 02891
  • Postal Code Plus4: 6031
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 5
Taxes and HOA Information
  • Tax Annual Amount: $1,660.00
  • Tax Assessed Value: 146800
  • Tax Block: 72
  • Tax Lot: 0
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 5734.0
  • Building Area Total: 5734.0
  • Frontage Length: 0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.1677
  • Lot Size Area: 7307.0
  • Lot Size Square Feet: 7307.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 63PIERCESTWEST
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1930
  • C L I P: 8,419,779,386
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Stone
Interior Features
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 9
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Heating: Baseboard, Electric, Gas
  • Heating Y N: Yes
  • Interior Features: Attic, Permanent Attic Stairs, Cable Tv
  • Rooms Total: 17
Multi Family
Income & Expenses Information
  • Operating Expense: $5,000.00
Unit 1 Information
  • Actual Rent: $1,100.00
  • Unit Type Area: 725.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,100.00
  • Unit Type Area: 725.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,175.00
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,040.00
  • Unit Type Area: 725.0
  • 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 63 Pierce Street

DateEvent & SourcePriceAppreciation
Sep 28, 2021

Sold (Public Record)

Public Record #1473468529

$400,000

+8.7% / yr

Sep 28, 2021

Sold

Rhode Island Association of REALTORS® #1288534

$400,000—
Aug 10, 2021

Contract Signed

Rhode Island Association of REALTORS® #1288534

—
DateEvent & SourcePrice
09/28/2021

Sold (Public Record)

Public Record #1473468529

$400,000

+8.7% / yr

09/28/2021

Sold

Rhode Island Association of REALTORS® #1288534

$400,000
08/10/2021

Contract Signed

Rhode Island Association of REALTORS® #1288534

—

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

Public Records for 63 Pierce Street

Taxable ValueLand$92,000Additions$384,300Total$476,300
Tax Record2025$3,706 ($309 / month)
Home Facts
Baths4Total Finished SqFt3,270 SqFtAbove Grade Finished SqFt3,270 SqFtStories2Lot Size7,307 SqFtStyleMulti-Family Res (5+ Units)Year Built1930Year Renovated1930CountyWASHINGTONAPNWEST M:46 B:72

Schools near 63 Pierce Street

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

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
65 Pierce Street, Westerly, RI 02891
$130,000
–
2
2,116
4,869
61 Pierce Street, Westerly, RI 02891
$382,000
6
5,784
3,802
59 Pierce Street, Westerly, RI 02891
$358,500
7
4,176
4,792
67 Pierce Street, Westerly, RI 02891
$270,000
–
2
1,932
6,436
69 Pierce Street, Westerly, RI 02891
$180,000
–
2.5
1,914
6,871

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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.

Listing Courtesy of Homewerx Realty Inc.

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.