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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Costello Realty

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Property Details of 82 Pond Street

Property Details

Basic Information

Location

Interior Features

Bedrooms

Other

Exterior Features

Features

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Costello Realty