$700,000
$885,000
20.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Elm ST Westerly, RI 02891
4 Beds
2 Baths
3,712 SqFt
Key Details
Sold Price $700,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,712 sqft
Price per Sqft $188
Subdivision Downtown
MLS Listing ID 1410935
Sold Date 08/05/26
Style Colonial
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,712
Year Built 1860
Annual Tax Amount $4,900
Tax Year 2025
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Single Family Residence
Property Description
THE CROWN JEWEL! 2 Elm Street, Westerly, RI. The most majestic property in Beautiful Downtown Westerly is ready to take on its' next life. Looking down from its' perch at the top of Broad Street, she presides over Town. This will once again be the grand Lady it has been in the past. This opportunity is one of a kind, and can be taken advantage of for a variety of potential usages. A single family residence, a rental property, an Inn, a multi-unit property, or an extension of any high end real estate portfolio. Sitting directly next door to the Granite Theatre, you are a stones throw to gorgeous Wilcox Park, and all that Downtown Westerly has to offer. Fine dining, lively Pubs, and beautiful shops abound. Take a stroll to the river or through the Park. Enjoy mornings with coffee and conversation, and happy hour evenings leading to wonderful dinners downtown. Envision the grand front lawn with a western facing patio, complete with fire pits and gorgeous sitting areas looking over beautiful Downtown Westerly. This restoration is HGTV worthy! The seller is willing to partner with the right group that sees the unreal potential here, or to step aside and allow the next owner to complete their own vision. Public water and sewer are in place, along with natural gas. The lot should be able to sustain an ADU (another 2BR unit) and garage expansion in the rear!! There will never be another 2 Elm Street to duplicate this opportunity for a Downtown HOME or business opportunity!!
Location
State RI
County Washington
Community Downtown
Rooms
Basement Full, Unfinished
Interior
Interior Features Bathtub, Tub Shower
Heating Baseboard, Gas, Oil, Steam
Cooling None
Flooring Hardwood
Fireplaces Number 2
Fireplaces Type Marble
Fireplace Yes
Appliance Water Heater
Exterior
Community Features Highway Access, Marina, Near Hospital, Near Schools, Restaurant, Shopping, Sidewalks
Waterfront Description River Front,Walk to Water
Handicap Access Accessible Approach with Ramp
Total Parking Spaces 10
Garage No
Building
Story 3
Foundation Combination, Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Structure Type Plaster,Clapboard
New Construction No
Others
Senior Community No
Tax ID 2ELMSTWEST
Acceptable Financing 1031 Exchange, Investor Financing, Trade
Listing Terms 1031 Exchange, Investor Financing, Trade
Financing Cash
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Bought with Olga B. Goff Real Estate





