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$539,900
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Property Description
Opportunity to own a three-family property in Westerly's historic North End. Offering three separate units with below-market rents and month-to-month tenancies, this property presents an excellent opportunity for an investor or owner-occupant looking to add value over time. Each unit features separate utilities, providing added convenience for ownership and management. Individual washer and dryer hookups for each unit are located in the basement. The property offers minimal exterior maintenance with no yard to maintain, along with a small detached garage providing additional storage or parking. With some updating and improvements, there may be an opportunity to increase rental income over time. Conveniently located near Downtown Westerly, Wilcox Park, shopping, restaurants, area amenities, and major routes. A great opportunity to add a three-family property to your investment portfolio in Westerly. Buyer and buyer's agent to perform their own due diligence regarding rental income, property condition, zoning, permitted use, and potential future rents.
Full Property Details
Full Property Details for 55 Pleasant St
General
- Price: $539,900
- Taxes: $2,262 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1419644
- Updated: 9/24/2026
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 14
- Appliances: Gas Water Heater
- Flooring: Ceramic Tile, Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 8
- Parking Features: Detached, Garage
Location
- County: Washington
- Subdivision: Pleasant Street
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 2
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 3930
- Finished Total: 3,930 Sq. Ft.
- Finished Above Grnd: 3,930 Sq. Ft.
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: 4792
Financial Considerations
- Tax Amount: $2,262
- Tax Year: 2025
Disclosures and Reports
- Property ID: 55PLEASANTSTWEST
- Lot Number: 113
Listed by Town & Shore Realty
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Schools
Schools serving 55 Pleasant St
School District:Westerly School District
| Name | Grades | Distance |
|---|---|---|
Springbrook Elementary School 39 Springbrook Road, Westerly, RI 02891 | K-4 | 1.2 mi |
Westerly Middle School 10 Sandy Hill Road, Westerly, RI 02891 | 5-8 | 3.3 mi |
Westerly High School 23 Ward Avenue, Westerly, RI 02891 | 9-12 | 0.8 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 55 Pleasant St
Date
Details
Price
Change
Source
8/14/2026
Listed
$539,900
71.4%
MLS
2/19/2021
Sold
$315,000
—
Public Record
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
Tax History for 55 Pleasant St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,262
-5%
$290,700
27%
2024
$2,390
3%
$228,700
—
2023
$2,324
1%
$228,700
—
2022
$2,310
5%
$228,700
25%
2021
$2,208
29%
$183,100
26%
2020
$1,718
1%
$145,000
—
2019
$1,702
3%
$145,000
8%
2018
$1,659
3%
$134,300
—
2017
$1,612
—
$134,300
—
2016
$1,612
-10%
$134,300
-16%
2015
$1,787
2%
$159,100
—
2014
$1,758
1%
$159,100
—
2013
$1,734
—
$159,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 55 Pleasant St
55 Pleasant Street, Westerly, RI 02891 (MLS# 1419644) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 55 Pleasant Street is currently listed for $539,900 and was received on August 14, 2026. Want to learn more about 55 Pleasant 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.

