155 Fairview Avenue, Coventry, RI 02816
MULTI_FAMILY - Coventry, RI
- Added:
- Apr 18, 2026
- Days on Market:
- 58
- Last Refresh:
- Jun 14 at 7:06 am
Property Features for 155 Fairview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bathroom 6, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 4, Basement, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 8, Bathroom 2, Bedroom 3, Bathroom 5, Bathroom 1, Bathroom 3
- Parking
- 10
- Parking features
- Garage
- Basement
- Full, Unfinished
- Appliances
- Electric Water Heater
- Standard status
- Active
- Size
- 2,680 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5141
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 1900
- Number of units
- 4
- Flooring type
- Vinyl, Tile - Ceramic
- Building materials
- Vinyl Siding
Listing agent Michelle Savastano License #REB.0016954 (401) 255-5530
Listing office Broadway Real Estate Group 335 Broadway, Providence, RI (401) 354-7969
Listing date Apr 18, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Permits and plans in place for 4‑unit construction
- Structurally sound property
- Garage parking included
- Electric heating
- Vinyl and tile flooring
- Electric water heater
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $22.20 |
| − Vacancy | −$3.9k | −$1.44 |
| EGI | $55.6k | $20.76 |
| − OpEx | −$16.7k | −$6.23 |
| NOI | $38.9k | $14.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Coventry
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.536147
- Latitude
- 41.713157
