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Coventry Multifamily Investment Opportunity

505 Washington Street Coventry Coventry, RI 02816

Claim this Listing
For Sale
$900,000

Well-maintained 6-unit residential property in a convenient location.

Added:
May 15, 2026
Days on Market:
61
Last Refresh:
Jun 29 at 1:29 am

Property Features for 505 Washington Street Coventry

General Information

Standard status
Active

Building Details

Year Built
1850

Listing office

Listing date May 15, 2026

Source Milestonerealtyinc

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Leanne McCormick


Investment Insights

Based on property information with market context.

Located in Coventry, Rhode Island, this property features a well-maintained 6-unit residential building. The unit mix includes two 1-bedroom units and four 2-bedroom units. The layouts are functional and appealing, offering flexibility to accommodate a variety of tenants. Off-street parking is available for residents. The property is 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. The location is close to the Centre of New England, Tiogue Lake, and the Washington Secondary Bike Path.

Key Highlights

  • Strong income potential from a well‑maintained 6‑unit residential property.
  • Desirable unit mix of two 1‑bedroom and four 2‑bedroom units.
  • Convenient location with easy access to shopping, dining, and everyday amenities along Washington Street.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon Pharmacy Nail Salon Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained 6-unit residential property in a convenient location.
Where is this apartment building located?
The property is located at 505 Washington Street Coventry Coventry, RI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Strong income potential from a well‑maintained 6‑unit residential property.; Desirable unit mix of two 1‑bedroom and four 2‑bedroom units.; Convenient location with easy access to shopping, dining, and everyday amenities along Washington Street.
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