
$1,375,000 USD
Commercial for Sale, 82 Pond Street, West Warwick, Rhode Island 02893
- MLS#1419312
734 m² (7,896 ft²)
Listed By New England Apartment Group
The Commercial Property for Sale located at 82 Pond Street, West Warwick, Rhode Island 02893 is currently for sale. 82 Pond Street, West Warwick, Rhode Island 02893 is listed for $1,375,000.
Property features
Property
- Property size:
734 m² (7,896 ft²) - Features: Basement
- Location: SuburbanClose To A School
Lot/Land
- Land/Lot size:
2,590 m² (27,878 ft²)
Construction
- Year built: 1900
- Construction: Frame
- Basement and foundation: Full Basement
Heating and Cooling
- Heating System: BaseboardGas
- Cooling System: Window Unit(s)
Utilities
- Other utilities: WaterNatural GasSewerPublicGasPublic SewerMunicipal Water
Community
- Features: RestaurantGolf CourseMarina
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
82 Pond Street, West Warwick, Rhode Island 02893