58 Read Avenue Coventry, RI $ 575,000
58 Read Avenue
$ 575,000
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58 Read Avenue

Coventry, RI, 02816
$ 575,000
Bedrooms5 Baths3.0 Sq 3,328

Monthly Estimate*

$ 3,540

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Multi-Family Home for sale in Coventry, RI

for $575,000 with 5 bedrooms and 3 full baths. This 3,328 square foot home was built in 1930 on a lot size of 0.11.

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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Multi-Family Active

Price

$ 575,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,028

Style

Lot Size

0.11

Year Built

1930

Town/City

Coventry

County/Region

Kent

MLS | Web ID

1400198

Features
General
Sewer Septic Tank
Heating Baseboard Oil
Cooling None
Possession Immediately Rental Agreement
Zoning R-20
Garage Spaces 0
Construction Materials Drywall Vinyl Siding
Year Built 1930
Electric Separate Meters
Property Subtype Multi Family
Tax Year 2024
Community Features Highway Access Shopping
County Kent
Operating Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 12
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 4791
Land Lease Y/N false
Tax Annual Amount 4028
Virtual Tour https://youtu.be/rWQRnZ1FPBw?si=UJ-vlI7klUQpv0ZZ
Structure Type Apartment
Standard Status Active
Tax Assessed Value 254300
Tax Lot 0
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Interior
Interior Amenities Bathtub Tub Shower
Basement None
Flooring Vinyl
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features In Unit
Total Bedrooms 5
Total Baths 3
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Exterior
Fencing Fenced
Parking Features No Garage
Water Source Public
Total Parking 10
Inclusions All measurements are approximate. Buyer/agent to do their own due diligence.
Lot Size Area 4791
Foundation Details Slab
Number of Buildings 1
Building Area Total 3328
Lot Size Acres 0.11
Frontage Length 0
Covered Spaces 0
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* Excluded Features
List By
Re/Max Legacy

Broker

Kade@Phillipssold.com

Email

Affordability Calculator

$3,876
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$336
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$575,000 Listed Price

Map


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58 Read Avenue, Coventry, RI, 02816 is a Multi-Family Home for sale at $575,000 with 3,328 sqft and a lot size of 0.11. 58 Read Avenue has 5 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 02816 which is in Coventry, RI