2 Gravity, Westerly, RI, 02891

Excellent opportunity to own a well-maintained three-unit multifamily property offering income potential and long-term value. This property features three separate units with functional layouts, providing flexibility for investors who want rental income. Each 2 bedroom unit offers 5 rooms with comfortable living spaces with well-sized bedrooms, and practical kitchens and 1 bath. All appliances included stoves, refridgators, and dishwashers. One unit has it's own washer dryer. Community washer dryer is in the basement for units on the 1st and 3rd floor. Tenants have a 6 month lease until July 31, 2026. Lead safe certificate of compliance just completed. The property has been thoughtfully cared for, making it a solid, turnkey option with room to add value over time. Additional highlights include separate utilities, off-street parking, shared outdoor space, and convenient access to public transportation, shopping, dining, Wilcox park, and major commuter routes. Enjoy the best beaches in Rhode Island, just minutes away to Misquamicut, Westerly, and Watch Hill. beaches. If you are looking for a smart live-in investment, this 3-unit multifamily delivers reliable income with a desirable location. A rare opportunity you won’t want to miss.

Residential Income
$549,000
Location
City/TownWesterly
CountyWashington
Community FeaturesGolf, Highway Access, Hospital, Interstate, Marina, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area4,154 sq. ft.
Rooms15
HeatingNatural Gas, Central, Gas Connected, Zoned
CoolingWindow Unit(s)
Interior FeaturesWall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Copper), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
Additional Information
Tax Assessment$475,300
ZoningR6
Exterior
Acreage0.1148
Waterfront FeaturesBeach, Dock, River, Saltwater Front
Listed By: Beachcomber Real Estate

Information is deemed reliable but is not guaranteed.

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