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Updated Duplex with Attached Apartment
New
For Sale
$850,000
Pending

6 Colonial Drive, Westerly, RI 02891

Two-family layout combines a primary residence with a separate attached apartment.

Property SizeContact for details
Days on Market7

Property Features for 6 Colonial Drive

General Information

Standard status Pending
Property subtype Multi-family

Additional Details

Multifamily Units 2

Building Details

Year Built 1886
Buildings 1
Listing Agency: Town & Shore Realty
Listed By: Chad Raiche
Source: Milburyre
Added: Sep 8 Changed: Sep 13 Last Checked: Sep 13 at 10:08AM

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 Town & Shore Realty

Investment Insights

Based on property information with market context.

Built in 1886, this duplex pairs a spacious main residence with an attached apartment, creating a configuration suited to owner occupancy, multi-generational living, or rental use. The primary side has been updated and includes hardwood flooring throughout, finished interiors, and move-in-ready condition.

Outdoor amenities include a private yard with a fenced pool and patio area. A detached two-car garage provides additional parking and storage. The attached apartment is currently occupied by family and can continue in that arrangement or support rental income, subject to applicable requirements.

Key Highlights

  • Two‑family property with an attached apartment
  • Updated primary residence with hardwood flooring throughout
  • Private yard with fenced pool and patio

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 02891, RI

21,803
Population
12,660
Households
1.7
Avg Household Size
50
Median Age
41%
College-Educated
94%
High-School Grad
26.3 sq mi
ZIP Area
829
Density / Sq Mi
$90,435
Median Household Income
$49,448
Median Earnings
$1,249
Median Rent
$422,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family layout combines a primary residence with a separate attached apartment.
Where is this duplex located?
The property is located at 6 Colonial Drive Westerly, RI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family property with an attached apartment; Updated primary residence with hardwood flooring throughout; Private yard with fenced pool and patio
More about this property
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