$1,400,000
About this home
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.
Property details
- MLS #
- 1419312
- Property type
- Commercial,Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 10
- On market date
- July 30, 2026
- Stories
- 3
- Garage spaces
- N/A
- Lot size
- 0.64 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 481
- Student:teacher ratio
- 14.1:1
- District
- West Warwick
- Enrollment
- 1,087
- Student:teacher ratio
- 12.5:1
- District
- West Warwick
- Enrollment
- 1,044
- Student:teacher ratio
- 13.4:1
- District
- West Warwick
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 11 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.