51 Willow Street
Coventry, RI, 02816 $ 459,900
Bedrooms4 Baths3.0 Sq 1,130 Monthly Estimate*
$ 2,904
for $459,900 with 4 bedrooms and 3 full baths. This 1,130 square foot home was built in 1900 on a lot size of 0.14.
Welcome to this fantastic three-family property in a convenient Coventry location, offering an excellent opportunity for investors and owner-occupants alike. With three separate units, a desirable layout, and several important recent updates, this property provides the perfect combination of rental income potential, flexibility, and long-term value. The property features two 1-bedroom units and one 2-bedroom unit, offering a variety of rental options and making this an ideal opportunity for an owner-occupant looking to live in one unit while renting out the other two. Whether you're looking to offset your mortgage, build your investment portfolio, or generate rental income, this property offers plenty of possibilities. Major updates include a new roof and septic system, both completed in 2023, providing valuable peace of mind for the next owner. The property also offers plenty of off-street parking, making parking convenient for residents and guests, along with a nice backyard that provides valuable outdoor space for relaxing, entertaining, or enjoying the warmer months. Conveniently located with easy access to local shopping, restaurants, schools, parks, and major roadways, this property offers the accessibility tenants and homeowners are looking for while still being situated in a comfortable residential setting.With three units, four total bedrooms, a 2023 roof, a 2023 septic system, ample parking, and a nice backyard, this is an excellent opportunity. Schedule a tour!
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FeaturesGeneralSewer Septic Tank
Heating Baseboard Oil
Cooling None
Possession Close Through 45 Days
Garage Spaces 0
Patio/Porch Features Porch
Construction Materials Wood Siding
Year Built 1900
Electric 100 Amp Service Circuit Breakers
Property Subtype Multi Family
Tax Year 2025
Community Features Golf Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping
County Kent
Operating Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 5
Full Baths 3
Status Active
City Coventry
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 6098
Land Lease Y/N false
Tax Annual Amount 3464
Standard Status Active
Tax Assessed Value 311000
Tax Lot 42
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InteriorBasement Full Finished Walk-Out Access
Flooring Ceramic Tile Laminate
Total Fireplaces 0
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 4
Total Baths 3
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ExteriorExterior Amenities Porch
Parking Features No Garage
Water Source Connected
Total Parking 3
Lot Size Area 6098
Number of Buildings 1
Building Area Total 1130
Lot Size Acres 0.14
Covered Spaces 0
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* Excluded FeaturesList Bymatt@mandevillesells.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,904
- Monthly Property Taxes
- $289
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Coventry, RI
Average List Price $632,611
Percent of Sale Price 38%
About Coventry, RI 35,861 Population
6% Since 2002
$ 66,137 Median Income
45.72 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/28/2026 | $459,900 | | Listed Price |