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$475,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • 0.4177 Acres
  • 2 Car Garage
  • Updated 1 day ago
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This property was built in 1902. The square footage is 1267. There are two units, each with 2 bedrooms and 1 updated bathroom. There is a possibility of a third floor unit. (New owner to check with zoning). The two car garage makes this property perfect for generating fantastic income as each unit can have a space in the shared garage or you can rent out the garage for extra income. The owner could live in one unit and rent out the other, or rent you both units. The vinyl siding is in great condition, the windows are as well. There are 3 different paved parking locations. Two of them on Tower St. The best driveway goes right to the two car garage. That entrance is the second right off of Thompson Ave, Westerly. This property sits high up on a hill and the gentle breeze constantly flows. It makes it feel open and fresh. The neighbors are friendly, respectful and quiet. Town is close by but far enough away to not be in the middle of it. The house is being sold as is.

Full Property Details for 53 Tower St

General

  • Price: $475,000
  • Taxes: $2,500 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1418684
  • Updated: 8/11/2026
  • Added to Site: 22 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Attic, Interior Steps, Permanent Attic Stairs, Storage, Cable TV
  • Fireplace(s): None
  • Appliances: Dishwasher, Oil Water Heater, Range Hood
  • Flooring: Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit

Exterior

  • Exterior Features: Deck, Porch, Paved Driveway
  • Porch/Patio/Deck: Deck, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 8
  • Parking Features: Detached, Garage, Garage Door Opener

Location

  • County: Washington
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Oil, Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 4
  • Architectural Style: Stacked
  • Detached/Attached: Detached
  • Construction: Shingle Siding, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
  • Doors: Storm Door(s)
  • Stories/Levels: 2
  • Building Size: 1357
  • Finished Total: 1,357 Sq. Ft.
  • Finished Above Grnd: 1,357 Sq. Ft.
  • Year Built: 1902

Additional Structures

  • Other Structures: Outbuilding

Lot Features

  • Lot Size (Acres): 0.4177
  • Lot Size (Sq. Ft.): 18,197
  • Lot Size: 18197
  • Sidewalks: Yes
  • Lot Features: Corner Lot
  • Fencing (Description): Fenced

Financial Considerations

  • Operating Expenses: $6,000
  • Tax Amount: $2,500
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 53TOWERSTWEST
  • Block: 57

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— 53 Tower St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 53 Tower St

School District:Westerly School District
NameGradesDistance
State Street School
35 State Street, Westerly, RI 02891
K-40.9 mi
Westerly Middle School
10 Sandy Hill Road, Westerly, RI 02891
5-82.4 mi
Westerly High School
23 Ward Avenue, Westerly, RI 02891
9-120.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 53 Tower St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Listed
$475,000
115.91%
MLS
8/16/2018
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 53 Tower St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,860
8%
$367,600
45%
2024
$2,651
3%
$253,700
—
2023
$2,578
1%
$253,700
—
2022
$2,562
-2%
$253,700
18%
2021
$2,604
2%
$215,900
—
2020
$2,558
1%
$215,900
—
2019
$2,535
3%
$215,900
8%
2018
$2,458
3%
$199,000
—
2017
$2,388
—
$199,000
—
2016
$2,388
4%
$199,000
-2%
2015
$2,286
2%
$203,600
—
2014
$2,250
1%
$203,600
—
2013
$2,219
—
$203,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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53 Tower Street, Westerly, RI 02891 (MLS# 1418684) is a Multi-Family property with 2 units containing 4 bedrooms and 4 full bathrooms. 53 Tower Street is currently listed for $475,000 and was received on July 22, 2026. Want to learn more about 53 Tower 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.

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