58 Read Avenue, Coventry, RI 02816

Local realty services provided by:CENTURY 21 Shutters & Sails
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:117 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 CENTURY 21 Shutters & Sails 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