58 Read Avenue, Coventry, RI 02816

Local realty services provided by:ERA Key Realty Services
58 Read Avenue,Coventry, RI 02816
$575,000
  • 5 Beds
  • 3 Baths
  • 3,328 sq. ft.
  • Multi-family
  • Active
Listed by: kade phillips, chelsea mclaughlin
Office: re/max legacy
MLS#:1400198
Source:RI_STATEWIDE

Price summary

  • Price:$575,000
  • Price per sq. ft.:$172.78

About this home

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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Home facts

  • Year built:1930
  • Listing ID #:1400198
  • Added:132 day(s) ago
  • Updated:February 22, 2026 at 02:56 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:12
  • Flooring:Vinyl
  • Bathrooms Description:Bathtub, Tub Shower
  • Basement:Yes
  • Living area:3,328 sq. ft.

Heating and cooling

  • Heating:Baseboard, Oil

Structure and exterior

  • Year built:1930
  • Building area:3,328 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Drywall, Vinyl Siding
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$172.78
  • Tax amount:$4,028 (2024)

Features and amenities

  • Appliances:Washer
  • Laundry features:Dryer, In Unit, Washer

Parking

  • Total parking spaces:10
  • 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: February 22, 2026