82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick
82 Pond Street, West Warwick

82 Pond Street West Warwick

$1,400,000
17 9 7,896 sq ft

Map View Street View

The Property

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.

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Listing Details

MLS Number

1419151

Lot Size:

0.64 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Baseboard, Gas Connected
  • Heating Fuel: Natural Gas, Baseboard, Gas Connected
  • Year Built: 1900

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Market Trends for Single Family Homes
in West Warwick

  • Overview
    Homes for Sale Today60-93.6% decrease in inventory
    New on Market *5150% increase in new listings
    Avg. Asking Price/Sq.Ft. *$309.66$5 increase in List Price/Sq.Ft.
    Avg. Sale Price *$461,789$43,308 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.34%-1.6% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$319.34$10 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *10952 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by New England Apartment Group
Phone: 508-330-0325

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