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58 Read Avenue

Coventry, RI 02816
  • $575,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 1400198
UPDATED: 45 min ago
$575,000
  • 5
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,328
    SQFT
  • $173
    $/SQFT
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

Fantastic Investment Opportunity in Coventry! This fully rented 3-family multi-unit offers steady income from day one and is perfect for both new and seasoned investors. The property has been well cared for, featuring a brand-new roof, new gutters, and ample off-street parking for all tenants. Each unit is occupied with reliable renters, providing instant cash flow and long-term potential. Conveniently located near local amenities and commuter routes, this property is a low-maintenance, high-return addition to any portfolio. Whether you're expanding your investments or starting fresh, this Coventry multi is the one you've been waiting for!

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | Flagship Forbes Global Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | Flagship Forbes Global Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-10T09:37:37.257.
www.krekorianteam.com/homes/169972781
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58 Read Avenue Coventry, RI 02816

  • Price: $575,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 45 min ago
  • MLS #: 1400198
5
Beds
3
Baths
0
½ Baths
0.11
Acres
3,328
SQFT
$173
$/SQFT
1930
Built
County:
Kent
Area:
Coventry
Property Description
Fantastic Investment Opportunity in Coventry! This fully rented 3-family multi-unit offers steady income from day one and is perfect for both new and seasoned investors. The property has been well cared for, featuring a brand-new roof, new gutters, and ample off-street parking for all tenants. Each unit is occupied with reliable renters, providing instant cash flow and long-term potential. Conveniently located near local amenities and commuter routes, this property is a low-maintenance, high-return addition to any portfolio. Whether you're expanding your investments or starting fresh, this Coventry multi is the one you've been waiting for!
Exterior Features

Construction Materials Drywall Vinyl Siding Covered Spaces 0 Fencing Fenced Foundation Details Slab Frontage Length 0 Garage YN No Parking Features No Garage Parking Total 10

Interior Features

Appliances Dryer Washer Basement None Basement YN No Cooling None Cooling YN No Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Vinyl Heating Baseboard Oil Heating YN Yes Interior Features Bathtub Tub Shower

Property Features

Association Fee 0 Community Features Highway Access Shopping Electric Separate Meters Human Modified YN Yes Inclusions All measurements are approximate. Buyer /agent to do their own due diligence. Land Lease YN No Laundry Features In Unit New Construction YN No Operating Expense 0 Owner Pays Hot Water Property Sub Type Multi Family Senior Community YN No Sewer Septic Tank Structure Type Apartment Tax Annual Amount 4028 Tax Assessed Value 254300 Tax Lot 0 Tax Year 2024 Water Source Public Zoning R-20

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of RE/MAX Legacy: .



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | Flagship Forbes Global Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | Flagship Forbes Global Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-10T09:37:37.257.
 
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John Krekorian | Flagship Forbes Global Properties
28 Caswell Street
Narragansett RI, 02882