195 Town Farm RD, Coventry, RI 02816
195 Town Farm RD, Coventry, RI 02816
195 Town Farm RD, Coventry, RI 02816
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$695,000
Est. payment /mo
6 Beds
3 Baths
3,033 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,033 sqft

Price per Sqft $229

Subdivision Western/Central

MLS Listing ID 1422064

Style Stacked

Bedrooms 6

Full Baths 2

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 3,033

Year Built 1790

Annual Tax Amount $7,224

Tax Year 2025

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Multi Family

Property Description

Rare investment opportunity on 2 sprawling acres! This well-maintained multi-family property features an incredible, oversized 3-car garage equipped with a professional lift perfect for a mechanic, car enthusiast, or additional rental income (garage spaces have previously been rented for $150/month). The expansive grounds offer an abundance of parking spaces, easily accommodating tenants, guests, and oversized vehicles. There is a potential for an Accessory Dwelling Unit (ADU), if the property is owner-occupied and meets the guidelines of the Town of Coventry. Ideally suited for an owner-occupant or savvy investor, this property combines spacious outdoor living with unique functional utility. Each unit has wood floors, laundry areas, separate utilities and meters with oil heat (See list for all of the improvements made in the last 10+ years; home has a 6 bed ISDS). First floor unit has 1700'+ of living with tons of storage space, 3 bedrooms, full bath and an eat-in-kitchen with a spacious living room. Second floor unit has 1300'+ of living with 3 bedrooms, full bath and half bath with laundry, kitchen and formal dining room, ample-sized living room plus attic storage space if needed. (**Pictures of 2nd floor dining room show tenant owned chandelier that is no longer there and has been replaced). Great property waiting for its new owner!

Location

State RI

County Kent

Community Western/Central

Zoning R2A

Rooms

Basement Partial, Unfinished

Interior

Interior Features Attic, Interior Steps, Permanent Attic Stairs, Skylights, Stall Shower

Heating Baseboard, Hot Water, Oil

Cooling None

Flooring Hardwood, Vinyl, Wood

Fireplaces Type None

Inclusions Washers and dryers in first floor unit owned by the tenant. Pictures of the second floor dining room show a chandelier that was tenant owned and has been replaced. Items to remain by the sellers (see list in the supplements section)- Atlas 12, 000lb capacity overhead 2 post lift; Husqvarna riding lawn mower with triple bagger; Ryobi 4stroke gas powered weed whacker; gas powered leaf blower; wooden play set in the backyard; 10'x12' hard top gazebo on top of the deck.

Fireplace No

Window Features Skylight(s),Thermal Windows

Appliance Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator

Laundry Common Area, In Unit

Exterior

Exterior Feature Deck, Paved Driveway

Parking Features Detached

Garage Spaces 3.0

Porch Deck

Total Parking Spaces 9

Garage Yes

Building

Foundation Combination

Sewer Septic Tank

Water Well

Architectural Style Stacked

Additional Building Outbuilding

Structure Type Plaster,Wood Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 195TOWNFARMRDCVEN

Virtual Tour https://tour.RiLiving.com/195-Town-Farm-Road-Coventry-RI-02816


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Listed by Doorley Real Estate Inc

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LeeAnn Cerretani

LeeAnn Cerretani

+1(508) 954-2621

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