36 Ledward Avenue Westerly, RI 02891
Listing Courtesy of: RHODE ISLAND / Listed By: Alpern & Mesenbourg Group, Alpern And Mesenbourg

  36 Ledward Avenue Westerly, RI 02891

Active Under Contract (82 Days)
$625,000 (USD)
6
BED
2
BATH
2,234
SQFT

Description

A rare investment opportunity in Westerly. This well-maintained duplex—cherished by the same family for nearly three decades—sits on a full acre of beautifully manicured lawn with mature trees and room to expand. This property meets the requirements for an ADU and still holds significant potential. Buyer to verify. Each unit offers 3 bedrooms, 1 bathroom, and a versatile bonus room ideal for storage, a home office, or a creative space. The entire property has just been freshly painted, setting the stage for your vision. With a bit of added TLC, the potential here is exceptional. Rent both units for strong cash flow, or live in one and Airbnb/VRBO the other to significantly offset your mortgage. Current three-bedroom rentals in Westerly commonly exceed $2,000 per month, making this a high-demand, high-return opportunity. A two-car garage and two additional sheds provide abundant storage. The location is unbeatable—just a short walk to downtown Westerly, Westerly High School, restaurants, shops, and community amenities, and only a 10-minute drive to the beach. Convenience meets coastal living. Whether you're an investor seeking reliable rental income or a homeowner looking for flexibility and long-term value, this spacious, well-cared-for multifamily property stands out in today’s market. Opportunities like this don’t come around often.

MLS #:
1414812
Taxes
$3,535(2026)
Lot Size
0.97 acres
Type
Multifamily
Year Built
1860
County
Washington County

Listed By

Alpern & Mesenbourg Group, Alpern And Mesenbourg
Source
RHODE ISLAND
Last checked Aug 29 2026 at 1:52 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Attic
  • Oven/Range
  • Refrigerator
  • Laundry: In Unit
  • Exhaust Fan
  • Wall (Plaster)
  • Plumbing (Copper)
Lot Information
  • Out Building
  • Paved Driveway
Property Features
  • Fireplace: 0
  • Foundation: Stone
Heating and Cooling
  • Baseboard
  • Zoned
  • Oil
  • None
Basement Information
  • Full
  • Interior and Exterior
  • Unfinished
  • Utility
Flooring
  • Hardwood
  • Vinyl
  • Laminate
  • Carpet
Utility Information
  • Utilities: Sewer Connected
Garage
  • Garage
Parking
  • Detached
  • Total: 6
Stories
  • 2
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Mott & Chace Sotheby’s International Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. 8/29/26 06:52