156 High St

Westerly, RI 02891

$735,000
Last Sold Price
8
Beds
5,485 Sq. Ft.
$134 / Sq. Ft.
5,485
Sq. Ft.
$134
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/2/25
Closed 5/2/25

Description

Welcome to 156 High Street, an outstanding three-family investment property in the heart of historic downtown Westerly! This turnkey asset is perfectly situated within walking distance of restaurants, shops, Amtrak, and Wilcox Park, offering an unbeatable blend of convenience and charm. The property features eight generously sized bedrooms across three units three-bedroom units on both the first and second floors, and a two-bedroom unit on the third floor, where the tenant is scheduled to vacate,...Welcome to 156 High Street, an outstanding three-family investment property in the heart of historic downtown Westerly! This turnkey asset is perfectly situated within walking distance of restaurants, shops, Amtrak, and Wilcox Park, offering an unbeatable blend of convenience and charm. The property features eight generously sized bedrooms across three units three-bedroom units on both the first and second floors, and a two-bedroom unit on the third floor, where the tenant is scheduled to vacate, creating an excellent opportunity for repositioning, enhanced rental income, or owner occupancy! Currently generating approximately $63K in gross annual income with minimal expenses, this property has significant room for growth. Also, the property also boasts a newer roof just over 11 years old as well as all major components in excellent condition! Additional highlights include a large driveway with ample parking for up to ten vehicles, ensuring parking is never an issue.
  1. Listed by Chad Raiche • Brokerage DRE #RES.0016570 • Town & Shore Realty
    P: (401)-207-6621 craicherealtor@gmail.com

Property Details for 156 High Street

Subdivision Name
NORTH END
Waterfront Features
Water Access
LISTING UPDATED: 05/05/2025 08:04 AM

Property Details for 156 High Street

StatusClosed
MLS #1381778
Days on Market13
Taxes$3,449 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.30 AC / 13,068 SF
CountyWashington County
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Location

Listing Courtesy of Town & Shore Realty

Sold By Mott & Chace Sotheby's Intl.

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Building Information for 156 High Street

Stories4Residences3Year Built1900Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

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$3,854 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,567

Property Taxes

$287

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 156 High Street

Summary
Location and General Information
  • City: Westerly
  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Postal City: Westerly
  • Postal Code: 0289`
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 10
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $3,449.49
  • Tax Assessed Value: 330100
  • Tax Lot: 0
  • Tax Map Number: 0
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 5485.0
  • Building Area Total: 5485.0
  • Frontage Length: 0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.3
  • Lot Size Area: 13068.0
  • Lot Size Square Feet: 13068.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 156HIGHSTWEST
  • Stories Total: 4
Property and Assessments
  • Buyer Financing: Conventional
  • 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: Amps200Or More
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 8
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Laminate
  • Heating: Baseboard, Electric, Gas, Zoned
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower
  • Laundry Features: In Unit
  • Rooms Total: 20
Multi Family
Income & Expenses Information
  • Operating Expense: $5,686.00
Unit 1 Information
  • Actual Rent: $1,700.00
  • Description: MTM
  • Type: TwoBedroom
  • Unit Type Area: 1242
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,600.00
  • Description: MTM
  • Unit Type Area: 1269
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $2,000.00
  • Description: MTM
  • Unit Type Area: 1503
  • Baths Total: 1
  • Beds Total: 3
  • 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 156 High Street

DateEvent & SourcePriceAppreciation
May 2, 2025

Sold (Public Record)

Public Record #1557236283

$735,000

+8.7% / yr

May 2, 2025

Sold

Rhode Island Association of REALTORS® #1381778

$735,000—
Apr 18, 2025

Contract Signed

Rhode Island Association of REALTORS® #1381778

—
Apr 13, 2025

Contract Out

Rhode Island Association of REALTORS® #1381778

—
Apr 5, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1381778

$699,900—
Apr 11, 2012

Sold (Public Record)

Public Record #329210704

$247,000—
Apr 11, 2012

Sold

Rhode Island Association of REALTORS® #1010078

$247,000—
Feb 28, 2012

Contract Signed

Rhode Island Association of REALTORS® #1010078

—
Feb 9, 2012

Listed (Active)

Rhode Island Association of REALTORS® #1010078

$265,000—
DateEvent & SourcePrice
05/02/2025

Sold (Public Record)

Public Record #1557236283

$735,000

+8.7% / yr

05/02/2025

Sold

Rhode Island Association of REALTORS® #1381778

$735,000
04/18/2025

Contract Signed

Rhode Island Association of REALTORS® #1381778

—
04/13/2025

Contract Out

Rhode Island Association of REALTORS® #1381778

—
04/05/2025

Listed (Active)

Rhode Island Association of REALTORS® #1381778

$699,900
04/11/2012

Sold (Public Record)

Public Record #329210704

$247,000
04/11/2012

Sold

Rhode Island Association of REALTORS® #1010078

$247,000
02/28/2012

Contract Signed

Rhode Island Association of REALTORS® #1010078

—
02/09/2012

Listed (Active)

Rhode Island Association of REALTORS® #1010078

$265,000

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

Public Records for 156 High Street

Taxable ValueLand$146,000Additions$324,600Total$470,600
Tax Record2025$3,661 ($305 / month)
Home Facts
Baths3Total Finished SqFt3,393 SqFtAbove Grade Finished SqFt3,393 SqFtStories3Lot Size12,970 SqFtStyleTriplexYear Built1900CountyWASHINGTONAPNWEST M:47 B:66

Schools near 156 High 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.

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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 Town & Shore Realty

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.