82 Pond ST, West Warwick, RI 02893
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82 Pond ST, West Warwick, RI 02893
82 Pond ST, West Warwick, RI 02893
82 Pond ST, West Warwick, RI 02893
82 Pond ST, West Warwick, RI 02893
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Jason Monterecy

Jason Monterecy

+1(401) 480-9926
$ 1,400,000
Est. payment /mo
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82 Pond ST West Warwick, RI 02893

7,896 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,896 sqft

Price per Sqft $177

MLS Listing ID 1419312

HOA Y/N No

Abv Grd Liv Area 7,896

Year Built 1900

Annual Tax Amount $18,217

Tax Year 2025

Lot Size 0.640 Acres

Acres 0.64

Property Sub-Type Commercial

Property Description

A rare homerun in West Warwick: 82 Pond Street is a fully renovated, turnkey nine-unit building priced at $1,400,000 just $155k per unit throwing off strong, dependable cash flow from day one. The diverse mix three 3-bedroom, three 2-bedroom, two 1-bedroom, and one studio keeps it easy to lease and income rock-solid. All the heavy lifting is already done: every unit fully renovated, eight brand-new individual heating units, fresh paint, new gutters, a rebuilt porch, and a new fire alarm system, with lead certificates in place for all nine units and tenants paying their own utilities. And the sale includes a large adjoining parcel of land nine-plus parking spaces today, development potential tomorrow. In-place income of $14,285/month carries clean loss-to-lease upside as rents reset. Low basis, turnkey, and bonus land this is the kind of cash cow investors wait for. Financials available upon request.

Location

State RI

County Kent

Rooms

Basement Full

Interior

Heating Baseboard, Gas

Cooling Window Unit(s)

Inclusions No warranty or representation, expressed or implied, is made by the Owner or Broker or any related entity as to the accuracy or completeness of the information contained herein, including but not limited to financial information or projections or any information related to the physical buildings or land. Prospective purchasers should make their own investigations, projections, and conclusions. It is expected that prospective purchasers will conduct their own independent due diligence concerning the offering.

Exterior

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s), Street Lights

Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected

Street Surface Concrete

Total Parking Spaces 9

Building

Foundation Stone

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Frame

New Construction No

Others

Tax ID 82PONDSTWWAR

Virtual Tour https://tour.RiLiving.com/82-Pond-Street-West-Warwick-RI-02893--1419312

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Listed by New England Apartment Group
Jason Monterecy

Jason Monterecy

Agent

+1(401) 480-9926

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82 Pond ST