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    Westerly, RI
    Triplex

    Westerly, RI Triplexes for Sale

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    Hopkinton, RI Stonington, CT Charlestown, RI North Stonington, CT Wood River Junction, RI Mystic, CT Groton, CT Ledyard, CT
    Three-Family Home with Garage
    Updated: Jun 18
    Three-Family Home with Garage

    68 Beach Street, Westerly, RI 02891

    $615,900
    3,892 sqft 0.21 AC lot
    Well‑maintained 3‑family home with a 2‑car garage
    All 3 units have separate utilities
    Month‑to‑month tenants in place for immediate rental income
    Built in 1919
    Gas water heater, natural gas heating, and window unit(s) for cooling
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    This listing looks promising.

    Here's a quick look at some key insights for

    68 Beach Street, Westerly, RI 02891

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $671K
      Above asking

    • Property Type

      Triplex
      Built 1919
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Fully Leased Mixed-Use Building
    Fully Leased Mixed-Use Building

    147 Bank St, New London, CT 06320

    $1,350,000
    8,701 sqft

    Fully leased downtown New London building with ground-floor commercial space and apartments on the upper floors.

    View details
    Historic Three-Family Triplex Opportunity
    Historic Three-Family Triplex Opportunity

    59 School Street, Groton, CT 06340

    $440,000
    2,069 sqft

    Three-family triplex with high ceilings, original character, and seasonal Thames River views, plus recent roof and boiler updates.

    View details
    Triplex Income Property
    Triplex Income Property

    12 Bank Street, Groton, CT 06355

    $699,000
    1,995 sqft 0.19 AC lot

    Currently used as a three-unit income property with outdoor decks and yard space under R-7 zoning.

    View details
    Three-Family with Hardwood Floors
    Three-Family with Hardwood Floors

    205 Crystal Ave, New London, CT 06320

    $250,000

    Three-family income property with hardwood floors, natural gas, and both on- and off-street parking.

    View details

    Westerly, RI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Westerly, RI on our real estate platform. These investment opportunities span a total of 3,892 square feet of properties for sale, with an estimated market value of $615,900.

    Sale prices for three-family homes in Westerly, RI start at $615,900, averaging $615,900, and reaching up to $615,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Westerly submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02891 $765K

    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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