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    Westerly, RI
    Apartment Building

    Westerly, RI Apartment Buildings for Sale

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    Stonington, CT Hopkinton, RI Charlestown, RI North Stonington, CT Wood River Junction, RI Mystic, CT Groton, CT Ledyard, CT
    6-Unit Apartment Building
    Updated: Aug 21
    6-Unit Apartment Building

    50 N Main Street, Westerly, RI 02808

    $650,000
    3,832 sqft 0.15 AC lot
    6 units, including 3 studios
    3832 square feet on 0.15 acres
    Located at 50 N Main Street, Westerly, RI 02808
    Wood construction with a deck and basement
    Built in 1900
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    This listing looks promising.

    Here's a quick look at some key insights for

    50 N Main Street, Westerly, RI 02808

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $576K
      Suggested

    • Property Type

      Duplex
      Built 1900
    View Property Analytics
    Six-Unit Apartment Building
    Updated: Aug 21
    Six-Unit Apartment Building

    50 N Main Street, Westerly, RI 02808

    $650,000
    0.15 AC lot
    6‑unit multifamily property with 3 studio apartments
    Seller pays heat, electricity, and cable service
    Central, forced‑air heating
    Built in 1900
    Basement included
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Westerly, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic 11-Unit Apartment Building with Storefronts
    Historic 11-Unit Apartment Building with Storefronts

    117 Water Street, Stonington, CT 06378

    $4,250,000
    12,145 sqft 0.12 AC lot

    Renovated residential suites feature dishwasher-equipped kitchens and private laundry alongside off-the-sidewalk glass storefront entries.

    View details
    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    117 Water Street, Stonington, CT 06378

    $4,250,000
    12,145 sqft 0.12 AC lot

    Occupied residential and commercial suites combine private living amenities with street-level storefront access.

    View details
    Mixed-Use Building in Downtown New London
    Mixed-Use Building in Downtown New London

    53-55 Bank St, New London, CT 06320

    $1,625,000
    10,636 sqft

    Mixed-use property with commercial unit and apartments in downtown.

    View details
    Mixed-Use Building in Downtown
    Mixed-Use Building in Downtown

    53 Bank St, New London, CT 06320

    Contact for pricing
    10,636 sqft

    Mixed-use property with commercial space and apartments in downtown New London.

    View details

    Westerly, RI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Westerly, RI on our real estate platform. These investment opportunities span a total of 3,832 square feet of properties for sale, with an estimated market value of $1,300,000.

    Sale prices for two-family homes in Westerly, RI average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.9%
    Median Household Income $90,435
    College Educated 59.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $13.06 per SF
    Tax Rate vs County Average 0.23 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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