8 Perkins Ave

Westerly RI 02891

3393 sq. ft.

9148 sq. ft.

Multi-Family

Last sold for $525,000

Chad Raiche, last sold this property on 18 June 2026 after 39 days on market.

Overview

Extreme potential in Westerly's historic North End. This charming two-family home sits on a quiet corner lot and offers endless possibilities for investors, owner-occupants, or anyone looking for future upside. Both units are move-in/rent-ready as-is, with the second-floor unit currently rented below market despite its stunning condition featuring a beautifully updated kitchen, hardwood floors, and timeless character throughout. The first-floor unit has been intentionally left vacant, making this an ideal opportunity for an owner-occupied buyer. Offering the same charm and craftsmanship, the unit is only a few modest updates away from being equally as impressive. The opportunities continue with the unfinished lower level, previously used as a third unit, which already has its own electric meter in place and offers potential to either expand the first-floor living space or possibly convert back into a three-family setup. Each unit also features separate washer and dryer hookups for added convenience. The detached two-car garage presents potential ADU possibilities, creating even more flexibility and long-term value. A rare opportunity combining historic charm, income potential, and endless possibilities in one of Westerly's most up and coming areas

Features

4 bedrooms

2 bathrooms

4 carspaces

2 garage spaces

3393 sq. ft. floor area

9148 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Westerly over the last 12 months, the estimated median property value of 8 Perkins Ave is $573.6k.

Median value

$573.6k

Estimated value range

$406k - $755k

Median days on market

Estimated value trend

14%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Westerly. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.