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82 Pond St
West Warwick, RI 02893
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 8,184 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 2.44/1,000 SF |
| Lot Size | 0.64 AC | ||
| Zoning | R6 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 8,184 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 2.44/1,000 SF |
| Zoning | R6 |
ABOUT 82 POND ST , WEST WARWICK, RI 02893
GREAT REVENUE / CASH FLOW from this 8-unit multi-family apartment building centrally located in the Arctic Village neighborhood of West Warwick. Fully-occupied with many long-term tenants. Potential to build garage / storage units on the side lot for additional income & cash flow. There is deferred maintenance on the building, however it is fully occupied with solid rental history. Tenants pay their own utilities. NO SECTION 8 units. Property features $30,000 Fire system inspected, New-Pro windows, paved lot for 20+ cars, separate meters for all utilities, 2 Boilermate Hot water tanks, all first & second floor units have private deck, 9th unit (studio) is Not zoned for a dwelling unit, but could be easily converted into a coin-op laundry room for extra income (just add machines). 100% occupied with many long-term tenants.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $1,400 | - |
| 2+2 | 2 | $805.00 | - |
| 1+1 | 4 | $805.00 | - |
PROPERTY TAXES
| Parcel Number | WWAR-000006-000656-000000 | Improvements Assessment | $580,000 |
| Land Assessment | $194,900 | Total Assessment | $774,900 |
PROPERTY TAXES
