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 youre expanding your investments or starting fresh, this Coventry multi is the one youve been waiting for!
- MLS# 73455073
- Date Listed11/14/2025
- Days on Realty 7 Days
- Bedrooms 5
- Bathrooms 3 Full baths
- Lot Size 0.11 acres (4,791 sq. ft)
- Sewer Private Sewer
- Property Type Triplex
- County Kent
- Year Built 1930
- Water Public
- Square Feet 1,730 sq. ft
- Price Per Sq. Ft $332.37
Interior Features
- Appliances Range, Refrigerator
- Heating Oil
Exterior / Lot Features
- Roof Shingle, Rubber
- Lot Size Acres 0.11
- Lot Size SQFT 4,791.00
- Lot Features Level
Directions
GPS
Financial Considerations
- Tax Amount $4,028
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Public • PK - PK • Serves this home
1.38 mi
Distance
Public • 5 - 8 • Serves this home
1.56 mi
Distance
Public • 9 - 12 • Serves this home
1.56 mi
Distance
Public • PK - PK • Serves this home
1.38 mi
Distance
Public • PK - 4
3.63 mi
Distance
Public • PK - 5
5.35 mi
Distance
Public • PK - 2
7.15 mi
Distance
Public • PK - 5
8.81 mi
Distance
Public • PK - 5
9.53 mi
Distance
Public • 5 - 8 • Serves this home
1.56 mi
Distance
Alan Shawn Feinstein Ms Of Cov
Public • 6 - 8
1.92 mi
Distance
Public • 6 - 8
4.07 mi
Distance
Public • 6 - 8
5.45 mi
Distance
James H Eldredge Elementary School
Public • 3 - 5
6.78 mi
Distance
Public • 3 - 5
6.86 mi
Distance
Public • 6 - 8
7.4 mi
Distance
Public • 7 - 12
7.57 mi
Distance
Public • 9 - 12 • Serves this home
1.56 mi
Distance
Public • 9 - 12
4.07 mi
Distance
Warwick Career And Tech Center
Public • 10 - 12
4.07 mi
Distance
The Career Technical Center At Coventry High School
Public • 9 - 12
4.56 mi
Distance
Public • 9 - 12
4.56 mi
Distance
Public • 9 - 12
6.93 mi
Distance
Public • 9 - 12
7.15 mi
Distance
Public • 9 - 12
8.22 mi
Distance
Public • 9 - 12
8.22 mi
Distance
Private • 09 - 12
0.32 mi
Distance
Pathways Strategic Teaching Center
Private • PK - 12
4.7 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 39 West Warwick Avenue | 2 | 2 | Oct 28, 2025 | $349,000 |
| 4 BRIDAL Avenue | 3 | 2 | Nov 20, 2025 | $259,900 |
| 15 EDDY Street | 3 | 1 | Nov 20, 2025 | $109,900 |
| 54 MARSHALL Circle | 3 | 1 | Nov 20, 2025 | $135,000 |
| 27 HOME Street | 2 | 1 | Nov 20, 2025 | $105,000 |
| 226 PULASKI Street | 3 | 1 | Nov 20, 2025 | $199,900 |
| 7 VALLEY VIEW Drive | 3 | 1 | Nov 20, 2025 | $164,900 |
| 5 WELLS Street | 3 | 2 | Nov 20, 2025 | $119,900 |
| 28 KENMORE Street | 2 | 1 | Nov 20, 2025 | $145,000 |
| 35 HEBERT Street | 3 | 1 | Nov 20, 2025 | $149,900 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 33,993 | 36,717 | 169,339 | 335,858,263 |
| Population Density | 931 | 622 | 1,005 | 95 |
| People per Household | 2.5 | 2.6 | 2.4 | 2.6 |
| Median Age | 46.4 | 46.4 | 45.4 | 39.1 |
| Median Income | $75,297 | $76,208 | $75,850 | $66,222 |
| Average Income | $36,376 | $36,350 | $40,107 | $35,475 |
| Cost of Living Index | 109 | 110 | 103 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 20.3°F | 20.3°F | 20.3°F | 22.6°F |
| July Avg. High Temp | 82.6°F | 82.6°F | 82.6°F | 86.2°F |
| Annual Precipitation | 46.45" | 46.45" | 46.45" | 38" |
64/100
Somewhat Walkable
Walk Score ®
56/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 4/100, Bike Score: 26/100.
Property Change History
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Frequently Asked Questions for 58 Read Ave
Source: Realty.com
58 Read Ave, Coventry, RI 02816 is a Triplex, Residential Income property listed for $575,000 The property is 1730 sq. ft with 5 bedrooms and 3 bathrooms
Realty.com has 36 photos of 58 Read Ave.
Our records indicate that 58 Read Ave was built in 1930.
The full address for this home is 58 Read Ave, Coventry, RI 02816.
58 Read Ave has been listed on Realty.com since Fri November 14, 2025
Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 4/100, Bike Score: 26/100.
There are 3 schools assigned to this home. Check out the schools near 58 Read Ave. Maisie E. Quinn School (Grades: PK - PK), John F. Deering Middle School (Grades: 5 - 8), West Warwick High School (Grades: 9 - 12)
Listing provided courtesy of:
Re/max Legacy
(tel: 508-946-1661)
Listing agent:
Kade Phillips
(tel: 617-712-5582)
(#CN228684)
This content last refreshed on 2025-11-21 12:29:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 58 Read Ave, Coventry, RI 02816 : MLS# 73455073