31 Phillips Hill Road, Coventry, RI 02816

Local realty services provided by:ERA Key Realty Services
31 Phillips Hill Road,Coventry, RI 02816
$375,000
  • 4 Beds
  • 2 Baths
  • 2,100 sq. ft.
  • Multi-family
  • Active
Listed by: michael zompa
Office: re/max preferred
MLS#:1420532
Source:RI_STATEWIDE

Price summary

  • Price:$375,000
  • Price per sq. ft.:$178.57

About this home

**Unique Waterfront Investment Opportunity!** Two waterfront homes on one lot, situated on nearly an acre along beautiful Stump Pond and directly bordering the Coventry Bike Path. Each home offers 2 bedrooms and 1 bathroom, creating a rare opportunity with multiple possibilities. Both both homes require rehab and are being sold **AS IS**, making this an ideal opportunity for investors, flippers, or a savvy owner-occupant looking to live in one home and rent the other. Due to the work needed, the ideal buyer will be CASH or Private money although some conventional financing may work. Opportunities like this are hard to find: two homes, one waterfront lot, and plenty of land with significant upside potential. Dont miss out!!!

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Home facts

  • Year built:1880
  • Listing ID #:1420532
  • Added:1 day(s) ago
  • Updated:August 16, 2026 at 12:02 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:10
  • Flooring:Carpet, Hardwood, Vinyl
  • Bathrooms Description:Tub Shower
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:2,100 sq. ft.

Heating and cooling

  • Heating:Forced Air, Oil

Structure and exterior

  • Year built:1880
  • Building area:2,100 sq. ft.
  • Lot area:0.84 Acres
  • Construction Materials:Drywall, Vinyl Siding, Wood Siding

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$178.57
  • Tax amount:$5,969 (2025)

Features and amenities

  • Laundry features:In Unit
  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:6
  • Parking description:No Garage
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Key Realty Services are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: August 16, 2026