Investment Opportunity!!! Two freestanding buildings currently used as commercial space, but previously 2 single family homes. Potential to convert this property back to 2 residential properties, or use as an owner occupant and convert 1 back to a home, and use the 2nd for your business or as a rental. Many possibilities. Priced for quick sale! Nearly half an acre, situated directly along the Coventry bike path. Don't miss out on this opportunity!
Investors take notice. Legal single family with large in-law unit. Both units currently rented on a month to month basis with under market rents. Large lot with Rt 95 and Center of New England access. All mechanicals currently operating efficiently. Some TLC would make this an even more profitable investment. Being sold 'As is.'
INVESTORS TAKE NOTICE: 2 buildings on one lot.The building on left is a 5 unit. consisting of 4 , 1 bedroom units and a 2 bedroom unit, with a full basement. The building to the right is a 1-2 bedroom home with an attached 1 car garage , storage room and full basement. Owner pays heat and hot water in all of the 5 units, tenants pay their own electric. The detached single family is currently NOT RENTED. A tenant in the past has paid their own heat , electric and hot water. Lots of interior updates to the 5 unit. All windows replaced except for the lower left first floor front window. The detached single family has just been completely remodeled. All units have gas heat, city water and 3 septic systems. There is a central fire alarm system in place and inspected annually. Newly paved driveway. Septic system designed for 8 bedrooms, there are 2, 1000 gal tanks, and 1 , 1500 tank
Coventry is located in Rhode Island. Coventry, Rhode Island has a population of 34,873. Coventry is less family-centric than the surrounding county with 30.88% of the households containing married families with children. The county average for households married with children is 30.88%.
The median household income in Coventry, Rhode Island is $68,633. The median household income for the surrounding county is $69,047 compared to the national median of $57,652. The median age of people living in Coventry is 44.2 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 50.7 inches per year, with 35.9 inches of snow per year.