82 Pond Street, West Warwick, Commercial

$ 1,199,995
82 Pond Street,
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Overview

  • Updated On:
  • September 24, 2024

Description

Seize this high-cash-flow opportunity with $14,500 potential monthly rental income! Located at 82 Pond Street, this 9-unit property has undergone major upgrades, making it a low-maintenance, turnkey investment. Four out of the nine units have been fully updated. The property features modern electrical wiring and new plumbing throughout. Eight brand-new heating units have been installed for year-round comfort. The building has fresh interior and exterior paint, new gutters, and a rebuilt porch, adding to its overall appeal. A newly installed fire alarm system ensures tenant safety.
With over nine parking spots and a large adjoining parcel of land included, this property offers both convenience and future development potential. This is a cash cow with a ton of upside. OPEN HOUSE Saturday 9/28 11:00-1:00 and Sunday 9/29 11:00-1:00

Address: 82 Pond Street
State/County:
Zip: 02893
Country: United States
Open In Google Maps
Property Id : 393977
Price: $ 1,199,995
Property Lot Size: 1 ft2
Basement: Full
Bridge Modification Timestamp: 2024-09-24T19:43:05.030Z
Building Area Total: 7542
Business Type: Residential
Cap Rate: 7
Community Features: Bus,Commuter Bus,Highway Access,Hospital,Private School,Public School,Recreational Facilities,Restaurants,Schools,Shopping
Construction Materials: Frame
Contract Status Change Date: 2024-09-24
Cooling: None
Electric: Circuit Breakers,Individual Meter
Foundation Details: Stone
Furnished: Unfurnished
Gas: Connected
Heating: Baseboard,Gas Connected
List Agent Direct Phone: 781-964-3200
List Agent Email: andrewfreedrealestate@gmail.com
List Agent Full Name: Andrew Freed
Listing Contract Date: 2024-09-24
Listing Id: 1369434
Living Area Units: Square Feet
Lot Features: Paved,Urban
Lot Size Area: 27748
Lot Size Square Feet: 27748
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-09-24T19:39:41.577Z
Number Of Buildings: 1
Number of Units in Community: 0
Number of Units Total: 0
Occupant Type: Tenant
Original Entry Timestamp: 2024-09-24T19:38:13.437Z
Original List Price: 1199995
Parking Total: 9
Possible Use: Development,Investment,Multi-Family,Residential,Multi 5Plus
Road Frontage Type: Municipal
Security Features: Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s)
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-09-24T19:38:13.437Z
Stories Total: 3
Street Name: Pond
Street Number: 82
Street Suffix: Street
Structure Type: Apartment,Multi Family
Tax Annual Amount: 16359
Tax Year: 2024
Utilities: Electricity Connected,Gas
Water Source: Connected
Year Built: 1900
Other Features
Electrical Utility Available
Has Heating System
Property Attached
$ 4,652.62
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,652.62

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