About This Home

This 4-bedroom, 4-bathroom residential multi family at 53 Tower Street in Westerly, RI is listed for $475,000 ($350 per sqft). Built in 1902, the home offers 1,357 sqft of living space on a 0.42 acres lot.

Key Features

  • Built in 1902
  • 0.42 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
4 full
2-car garage
1902

Amenities

HardwoodA/C
Listing Description

This property was built in 1902. The square footage is 1267. There are two units, each with 2 bedrooms and 1 updated bathroom. There is a possibility of a third floor unit. (New owner to check with zoning). The two car garage makes this property perfect for generating fantastic income as each unit can have a space in the shared garage or you can rent out the garage for extra income.

The owner could live in one unit and rent out the other, or rent you both units. The vinyl siding is in great condition, the windows are as well. There are 3 different paved parking locations. Two of them on Tower St. The best driveway goes right to the two car garage.

That entrance is the second right off of Thompson Ave, Westerly. This property sits high up on a hill and the gentle breeze constantly flows. It makes it feel open and fresh. The neighbors are friendly, respectful and quiet. Town is close by but far enough away to not be in the middle of it. The house is being sold as is.

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

53 Tower Street

Westerly, RI 02891

Features & Amenities

Interior Features

AtticAttic StairsAttic StorageStairsPlumbing (Mixed)Insulation (Ceiling)

Exterior Features

DeckPorch

Property Details

Flooring

VinylHardwood

Construction

Shingles Vinyl Siding

Outdoor Features

DeckPorch

Parking

Open

Heating

Oil

Cooling

Window Unit(s)

Appliances

DishwasherRange Hood

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 53 Tower Street is listed at $475,000 ($350/sqft). The estimated monthly payment is $2,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1902, 0.42 acre lot, 2 stories, 8 parking spaces. Interior Features: Attic, Attic Stairs, Attic Storage. Exterior Features: Deck, Porch.

This property is listed by Jason Saphire.

JS

Jason Saphire

Agent at The Entry Only Listing Service of Rhode Island

Listed by The Entry Only Listing Service of Rhode Island · Broker phone: 877-249-5478 · View on Broker Site · Broker website

MLS# 1418684· Source: State Wide MLS of Rhode Island, Inc.· 99 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

53 Tower Street, Westerly, RI 02891

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