$575,000
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58 Read Avenue, Coventry, RI 02816

5 Beds
3 Baths
3,328 Sq Ft

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

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in RI / 02816

Source: Walkscore

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

Agent removed 1 photo from the listing
2221 photos

Points of Interest near 58 Read Avenue, Coventry, RI 02816

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