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!
- MLS# 1400198
- Date Listed11/14/2025
- Days on Realty 6 Days
- Bedrooms 5
- Bathrooms 3 Full baths
- Lot Size 0.11 acres (4,791 sq. ft)
- Sewer Septic Tank
- Property Type Multi Family
- County Kent
- Year Built 1930
- Water Public
- Square Feet 3,328 sq. ft
- Price Per Sq. Ft $172.78
Interior Features
- Appliances Dryer, Washer
- Flooring Vinyl
- Cooling None
- Heating Baseboard, Oil
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.11
- Lot Size SQFT 4,791.00
- Lot Features -
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 |
|---|---|---|---|---|
| 72 East Greenwich Avenue | 3 | 1 | Oct 28, 2025 | $308,800 |
| 76 Tiffany Road | 2 | 3 | Oct 28, 2025 | $680,000 |
| 39 West Warwick Avenue | 2 | 2 | Oct 28, 2025 | $349,000 |
| 65 Newell Street | 4 | 1 | Oct 28, 2025 | $399,999 |
| 54 Lilyana Way Lot 8 | 3 | 3 | Oct 06, 2025 | $689,900 |
| 50 Lilyana Way Lot 9 | 4 | 4 | Oct 02, 2025 | $689,900 |
| 42 SWEETBRIAR Lane | 4 | 3 | Oct 28, 2025 | $239,900 |
| 27 Tiffany Road | 3 | 1 | Oct 28, 2025 | $237,500 |
| 16 CHARLOTTE Street | 3 | 1 | Oct 28, 2025 | $219,900 |
| 18 PRINCESS Street | 3 | 1 | Oct 28, 2025 | $149,000 |
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
Points of Interest near 58 Read Avenue, Coventry, RI 02816
0.2 mi
Distance
0.21 mi
Distance
0.22 mi
Distance
0.27 mi
Distance
0.28 mi
Distance
0.31 mi
Distance
0.33 mi
Distance
Cumberland Farms, West Warwick, RI, USA
Transport • Professional
0.33 mi
Distance
0.33 mi
Distance
0.39 mi
Distance
0.42 mi
Distance
0.42 mi
Distance
1003 ft
Distance
Retail
0.2 mi
Distance
Sherri's Come Along Inn, Coventry, RI, USA
Food • Retail • Nightlife
0.23 mi
Distance
0.28 mi
Distance
0.34 mi
Distance
0.34 mi
Distance
California Taco Shop, West Warwick, RI, USA
Food • Retail • Nightlife
0.35 mi
Distance
Aloha Pizza, West Warwick, RI, USA
Food • Retail • Nightlife
0.35 mi
Distance
Sherri's Come Along Inn, Coventry, RI, USA
Food • Retail • Nightlife
0.23 mi
Distance
California Taco Shop, West Warwick, RI, USA
Food • Retail • Nightlife
0.35 mi
Distance
Aloha Pizza, West Warwick, RI, USA
Food • Retail • Nightlife
0.35 mi
Distance
Sherri's Come Along Inn, Coventry, RI, USA
Food • Retail • Nightlife
0.23 mi
Distance
California Taco Shop, West Warwick, RI, USA
Food • Retail • Nightlife
0.35 mi
Distance
Aloha Pizza, West Warwick, RI, USA
Food • Retail • Nightlife
0.35 mi
Distance
Cumberland Farms, West Warwick, RI, USA
Transport • Professional
0.33 mi
Distance
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Frequently Asked Questions for 58 Read Avenue
Source: Realty.com
58 Read Avenue, Coventry, RI 02816 is a Multi Family, Residential Income property listed for $575,000 The property is 3328 sq. ft with 5 bedrooms and 3 bathrooms
Realty.com has 21 photos of 58 Read Avenue.
Our records indicate that 58 Read Avenue was built in 1930.
The full address for this home is 58 Read Avenue, Coventry, RI 02816.
58 Read Avenue 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 Avenue. 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
(#51139)
This content last refreshed on 2025-11-20 09:32:21. 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 Avenue, Coventry, RI 02816 : MLS# 1400198