$800,000
 $4,295 est/mo Sourced by Back At You

505 Washington Street,Coventry, RI 02816

Coventry, RI 02816

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Description

Excellent investment opportunity in Coventry, Rhode Island featuring a well-maintained 6-unit residential property with a desirable unit mix of two 1-bedroom units and four 2-bedroom units. The layouts are functional and appealing, offering flexibility to accommodate a variety of tenants. This property presents strong income potential in a sought-after and convenient location. Off-street parking adds valuable convenience for residents. Ideally situated with easy access to shopping, dining, and everyday amenities along the Washington Street corridor. Quick access to Route 117 and Interstate 95 allows for an easy commute to Warwick, Cranston, and Providence. Close to Centre of New England, Tiogue Lake, and the Washington Secondary Bike Path for added lifestyle appeal.

Details

MLS #1407049
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1850
Days On Site202
Listing Provided ByCentury 21 Limitless | Kyle Seyboth

Features

Bed(s)10
Bath(s) 6 Total
SQ Feet5,222
BasementY
Units4
Building(s)1
Acreage0.18

Interior

Rooms Total22
HeatingElectric, Baseboard
Heating Yes / NoYes
CoolingNone
Cooling Yes / NoNo
AppliancesElectric Water Heater, Gas Water Heater
Fireplaces Total0

Exterior

Construction MaterialsVinyl Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesNo Garage

Utilities

UtilitiesSewer Connected, Water Connected
ElectricCircuit Breakers

Taxes

Tax Annual Amount6869
Tax Assessed Value426900
Tax Lot125
Tax Year2025

Area Information

StateRI
CountyKent
CityCoventry
Zip Code02816
AreaKent
Listing VS Median (in 02816)
Price:
$800,000
low | high
Med:
$429,900
96.2625% of Average
sqft:
5,222
low | high
Med:
1,472
100% of Average
$ / sqft:
$153
low | high
Med:
$292
40.636701766304% of Average
On site:
202
low | high
Med:
73
100% of Average
Sourced by Back At You

Market Activity 02816

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The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Rhode Island Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateRI
CountyKent
CityCoventry
Zip Code02816
AreaKent
Listing VS Median (in 02816)
Price:
$800,000
low | high
Med:
$429,900
96.2625% of Average
sqft:
5,222
low | high
Med:
1,472
100% of Average
$ / sqft:
$153
low | high
Med:
$292
40.636701766304% of Average
On site:
202
low | high
Med:
73
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $600K - $1M
sqft: 3,500 - 6,500
Nearby Listings Property ImageNearby Listings Details
513 Washington Street Property Photo 1
$700,000
513 Washington Street
Coventry, RI 02816
Listing Updated: September 28, 2026 at 6:45:25 PM PDT