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.
For sale
Price cut: $25K (8/26)
$1,375,000
82 Pond St, West Warwick, RI 02893
17beds
5,442sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$253/sqft
$-- HOA
What's special
Fresh paintNew guttersFully renovatedRebuilt porchNine-plus parking spacesNew fire alarm system
- 33 days
- 313
- 19
Zillow last checked:
Listing updated:
Listed by:
John Slyman 508-330-0325,
New England Apartment Group
Source: StateWide MLS RI,MLS#: 1419151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Natural Gas, Baseboard, Gas Connected
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Laminate, Vinyl
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 7,896
- Total interior livable area: 5,442 sqft
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: No Garage
Features
- Stories: 3
Lot
- Size: 0.64 Acres
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Individual Meter
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
HOA
- Has HOA: No
Location
- Region: West Warwick
Financial & listing details
- Price per square foot: $253/sqft
- Annual tax amount: $18,217
- Date on market: 7/30/2026
- Inclusions: No warranty or representation, expressed or implied, is made by the Owner or Broker or any related entity as to the accuracy or completeness of the information contained herein, including but not limited to financial information or projections or any information related to the physical buildings or land. Prospective purchasers should make their own investigations, projections, and conclusions. It is expected that prospective purchasers will conduct their own independent due diligence concerning the offering.
- Total actual rent: 14285
- Tenant pays: Heat
Estimated market value
Not available
Estimated sales range
Not available
$1,254/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $1,375,000-1.8%$253/sqft |
Source: | ||
| 7/30/2026 | Listed for sale | $1,400,000+16.7%$257/sqft |
Source: | ||
| 10/1/2024 | Listing removed | $1,199,995$221/sqft |
Source: | ||
| 9/24/2024 | Listed for sale | $1,199,995$221/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








