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Renovated Three-Unit Income Property

38 Chester Avenue Westerly, RI 02891

38 Chester Avenue, Westerly, RI, 02891
$650,000
For Sale
$650,000

Renovated three-unit residential income property with separate utilities and off-site parking.

Days on Market13

Property Features for 38 Chester Avenue

General Information

Standard status
Active
Property subtype
Multi Family Home

Building Details

Year Built
1888
Listing agency Residential Properties, Ltd.
Listed by Amy Randall
Source Liongatere
Added: Jul 9 Updated: Jul 21 at 2:19PM Checked: Jul 21 at 2:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Residential Properties, Ltd.


Investment Insights

Based on property information with market context.

This renovated three-unit income property features vinyl siding and separate utilities for each unit. The building is configured with a 2-bedroom, 1-bath unit on the first floor, a 2-bedroom, 1-bath unit on the second floor, and a 1-bedroom, 1-bath unit on the third floor.

Situated in the heart of Westerly, the property offers plenty of off-site parking and is described as having a strong rental history.

For ownership, the current layout provides three separate residential units with a mix of bedroom configurations across the floors, supporting straightforward tenant-by-tenant occupancy planning.

Key Highlights

  • Renovated 3‑unit multi‑family property built in 1888
  • Unit mix: 1st floor 2BR/1BA, 2nd floor 2BR/1BA, and 3rd floor 1BR/1BA
  • Separate utilities for the units

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage Florist HVAC Service Carpet & Flooring Store Cosmetic Store Tech Support Center Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Renovated three-unit residential income property with separate utilities and off-site parking.
Where is this triplex located?
The property is located at 38 Chester Avenue Westerly, RI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Renovated 3‑unit multi‑family property built in 1888; Unit mix: 1st floor 2BR/1BA, 2nd floor 2BR/1BA, and 3rd floor 1BR/1BA; Separate utilities for the units
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