Price
$ 299,900

5 Pond Street, Westerly, RI 02891  
  • 10 beds
  • 6 baths
  • 3,546 sqft

5 Pond Street, Westerly, RI 02891  

Great live-in & investment opportunity. First and second floor have a spacious 3BR, 2 baths, (1400SF) and third floor, side by side, there are two units, with two 2 beds, 1 baths. Vinyl siding/windows, hard wired smokes, 2 huge family porches, coin laundry. Plus 3-car garage, annual income $39,000 + $150/$200 per month for garage rental. Needs TLC, but great rent rolls. Approximate CAP Rate 9.74% and cash on cash return 18.42%, and this assumes a 5% vacancy rate and a 5% maintenance fee.

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Listing Type
Multi-Family
Listing ID
1132226
Bedrooms
10
Bathrooms
6
House Size
3,546
Lot Size
8,712.00 sqft
Listing Status
Active
Year Built
1920
County
Washington
Full Bath
6
Subdivision
North End
Floors
3
Garage
3.0
Rooms
24.0
Zoning
R
Taxes
2710.0
TaxYear
2016
Listing courtesy of RE/MAX South County
Price History
Get price alerts on price change
Date Event Change Price
7/31/2017 Price change $-10,000 (-3.2%) $299,900
1/24/2017 Price change $-10,000 (-3.1%) $309,900
10/27/2016 Price change $-10,000 (-3%) $319,900
9/23/2016 Price change $-10,000 (-2.9%) $329,900
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX SOUTH COUNTY
    56 Wells St Westerly, RI 02891 | Phone: (401) 596-2067
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.