4 Pearl Street, Westerly, RI 02891 - Photo 1

1/1

$600,000

Sold
Closed
Multi-Family
4 Units
8 Total Beds
0.37 Acres

1/1

Property Description

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.

Full Property Details

Full Property Details for 4 Pearl St

General

Sold For: $600,000
Taxes: $2,710 (2025)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1398560
Added to Site: 85 day(s) ago

Interior

Number of Rooms: 16
Fireplace(s): None
Appliances: Gas Water Heater
Flooring: Vinyl

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 8

Parking

Total Spaces: 8
Parking Features: No Garage

Location

County: Washington
Subdivision: NORTH END
Near Highway: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Gas

Utilities

Sewer: Connected
Water: Connected
Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Vinyl Siding
Basement: Yes
Basement Desc.: Full, Unfinished
Stories/Levels: 3
Building Size: 3852
Finished Total: 3,852 Sq. Ft.
Finished Above Grnd: 3,852 Sq. Ft.
Year Built: 1928

Lot Features

Lot Size (Acres): 0.37
Lot Size (Sq. Ft.): 16,117
Lot Size: 16117

Financial Considerations

Operating Expenses: $32,314
Tax Amount: $2,710.33
Tax Year: 2025

Disclosures and Reports

Property ID: 4PEARLSTWEST

Listed by Town & Shore Realty
Sold by Town & Shore Realty

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— 4 Pearl St —

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Schools

Schools serving 4 Pearl St

School District:Westerly School District

Name	Grades	Distance
Westerly High School 23 Ward Avenue, Westerly, RI 02891	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4 Pearl St

Date

Details

Price

Change

Source

12/12/2025

Sold

$600,000

-11.11%

MLS

10/23/2025

Listed

$675,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Commercial
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5 Maple Ct, Hopkinton, RI 02804 - Photo 1

Just Listed

$385,000

5 Maple Ct Hopkinton, RI 02804

Single Family
Active
Updated 9 minutes ago

3
Beds
2
Total Baths
1,344
Sq. Ft.

14 Tarpon Ln, Charlestown, RI 02813 - Photo 1

Just Listed

$499,800

14 Tarpon Ln Charlestown, RI 02813

Single Family
Active
Updated 1 day ago

3
Beds
1
Total Bath
1,660
Sq. Ft.

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Just Listed

$715,000

Open House

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Single Family
Active
Updated 22 hours ago

3
Beds
3
Total Baths
2,274
Sq. Ft.

23 White Hawk Ridge, Richmond, RI 02898 - Photo 1

Price Reduced

-$60,000 (-5.22%)

$1,090,000

23 White Hawk Ridge #H Richmond, RI 02898

Condo
Active
Updated 23 hours ago

4
Beds
4
Total Baths
2,520
Sq. Ft.

128 Rodman St, South Kingstown, RI 02879 - Photo 1

128 Rodman St South Kingstown, RI 02879

Single Family
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,069
Sq. Ft.

221 Kings Ridge Rd, South Kingstown, RI 02879 - Photo 1

221 Kings Ridge Rd South Kingstown, RI 02879

Single Family
Active
Updated 18 hours ago

3
Beds
3
Total Baths
3,350
Sq. Ft.

259 Green Hill Beach Rd, South Kingstown, RI 02879 - Photo 1

Price Reduced

-$50,000 (-6.68%)

$699,000

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Single Family
Active
Updated 6 days ago

4
Beds
2
Total Baths
3,084
Sq. Ft.

186 High St, Westerly, RI 02891 - Photo 1

Sold

$580,000

186 High St Westerly, RI 02891

Multi-Family
Closed

2
Units
4
Total Beds
0.21
Acres

81 Pierce St, Westerly, RI 02891 - Photo 1

Sold

$600,000

81 Pierce St Westerly, RI 02891

Apartment
Closed

8
Beds
3
Total Baths

12 Henry St, Westerly, RI 02891 - Photo 1

Sold

$515,000

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Single Family
Closed

3
Beds
2
Total Baths
1,408
Sq. Ft.

Sold

$635,000

4 Judi Ln Westerly, RI 02891

Single Family
Closed

3
Beds
3
Total Baths
1,636
Sq. Ft.

4 Pearl Street, Westerly, RI 02891 (MLS# 1398560) is a Multi-Family property that was sold at $600,000 on December 12, 2025. Want to learn more about 4 Pearl Street? Do you have questions about finding other Multi-Family real estate for sale in Westerly? You can browse all Westerly real estate or contact a Coldwell Banker agent to request more information.

4 Pearl St Westerly, RI 02891