new - 4 days on rocket

78 Pierce St, Westerly, RI, 02891

$449,000

Home List Price

$5,332*

Closing Credit

10 Bedrooms
4 Full Baths
Multi

Location

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78 Pierce St, Westerly$449,000

Buyer Closing Credits

$5,332*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1920
HeatingBaseboard, Electric, Natural Gas
CoolingNone
BasementYes
FireplaceNone
MLS #1371796
Lot Size0.13 Acres
StatusActive

About 78 Pierce St

Attention investors, check out this awesome investment opportunity at 78-80 Pierce St in an OPPORTUNITY ZONE with possible tax deferment on eligible capital gains in Westerly! You've got two duplexes on one lot, making it a total of four units. It's perfect for anyone looking to dive into real estate or live in one unit and rent out the others. Located in a great spot, you're close to everything Westerly has to offer. Each unit has tenants in place. Being sold "AS IS, WHERE IS" With a solid rental history and room for growth, this property is a no-brainer for anyone looking to expand their portfolio. Don't miss out on this chance to own a versatile, income-generating property in a fantastic community. Come see it today and imagine the possibilities at 78-80 Pierce St!

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Compass
  • Office Phone: (401) 364-3388

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Vinyl
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000
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Housing Market Comparison

See how this home compares to others in Westerly, RI.

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Westerly, RI

City

Med. Sold Price

$500K

Med. Price/SqFt

$306

Avg. Days On Market

38

# of Sold Homes

29

78 Pierce St vs Westerly

4 DAYS ON ROCKET

-34 Days

$449,000

-$51K Less

KEY TAKEAWAY

This property is $51K less than the Median Sold Price in Westerly, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1371796

Listing Office:

  • Office Name: Compass
  • Office Phone: (401) 364-3388

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/2/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-110076
8
/10

  • West Vine Street School

  • 129 West Vine St

  • 0.62 miles

  • Public District Grades KG-2

school-card-donut-110077
7
/10

  • West Broad Street School

  • 131 W Broad St

  • 0.74 miles

  • Public District Grades 3-4

school-card-donut-110078
6
/10

  • Springbrook Elementary School

  • 39 Springbrook Rd

  • 1.11 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,219. Typical income of Westerly, RI residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Westerly, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Westerly, RI?

Westerly's housing market showcases a blend of residential options, with single-family homes being a significant presence. Architectural styles range from classic colonial to contemporary, reflecting the town's historical roots and modern growth. The housing stock includes a mix of older homes with character and newer constructions that cater to modern tastes. While the majority of residents own their homes, a substantial portion of the population opts for rental opportunities, including apartments and townhouses.

What are the advantages of living in Westerly, RI?

Westerly is known for its coastal charm and vibrant community spirit. The town prides itself on its beautiful beaches, historic downtown area, and a calendar filled with local events that celebrate its maritime heritage and artistic flair. Residents and visitors alike enjoy a variety of outdoor activities and cultural experiences that embody the town's unique character.

Are essential services in Westerly, RI convenient?

The community is served by a network of public schools, including several elementary schools, middle schools, and a high school, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. Westerly also boasts a public library system that supports lifelong learning. The retail and dining scene reflects the local culture, with a mix of independent shops and eateries that highlight regional cuisine and products.

How do Westerly, RI residents get around?

Transportation in Westerly is facilitated by a combination of roadways and public transit options that connect residents to nearby cities and amenities. The town's layout supports a moderate level of walkability, particularly in the downtown area and along the beachfront. For those relying on public transportation, there are bus routes that serve the community, though the frequency varies by route. The area's road network provides easy access to major highways, making it convenient for commuting and travel.

Rocket Homes›Rhode Island›Washington County›Westerly›02891›78 Pierce St

This home is located at 78 Pierce St in Westerly, RI and zip code 02891. This home, which was built in 1920, sits on a 0.13 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $449,000.

Westerly, RI housing market in October 2024 saw over 13 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. The number of listings in Westerly, RI decreased by 1.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $500,000.

From Rocket Homes Real Estate and based on county public records data.

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