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466 Washington St 6 Unit Apartment Building $900,000 ($150,000/Unit) Coventry, RI 02816
EXECUTIVE SUMMARY
Strong investment opportunity in Coventry! This mixed-use property includes six fully occupied residential units delivering steady income, plus a vacant 480 sq ft detached retail space offering immediate value-add potential. Ample parking supports both residents and future commercial use. Recent upgrades include a newer roof (3 years old), multiple new heating systems, and a recent connection to public sewers. Conveniently located near highways and everyday amenities, creating a practical and well-rounded addition to any portfolio.
PROPERTY FACTS
| Price | $900,000 | Building Class | C |
| Price Per Unit | $150,000 | Lot Size | 0.36 AC |
| Sale Type | Investment | Building Size | 4,800 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1918 |
| Property Subtype | Apartment | Parking Ratio | 3.75/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | 3000 | ||
| Price | $900,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 4,800 SF |
| No. Stories | 3 |
| Year Built | 1918 |
| Parking Ratio | 3.75/1,000 SF |
| Zoning | 3000 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | COVE-000056-000000-000122 | Improvements Assessment | $398,300 |
| Land Assessment | $194,400 | Total Assessment | $592,700 |
PROPERTY TAXES
Parcel Number
COVE-000056-000000-000122
Land Assessment
$194,400
Improvements Assessment
$398,300
Total Assessment
$592,700
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466 Washington St
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