Six-Unit Apartment
For Sale
$775,000
505 Washington Street, Coventry, RI 02816
Well-maintained six-unit residential property with two 1-bedroom units and four 2-bedroom units and off-street parking.
Property SizeContact for details
Days on Market213
Property Features for 505 Washington Street
General Information
Standard status
Active
Property subtype
Multi-family
Additional Details
Highway Access
Yes
Multifamily Units
6
Building Details
Year Built
1850
Tenancy
Multi
Listing Agency:
Century 21 Limitless
Listed By:
Kyle Seyboth · License #REB.0019335
(508) 726-3492
Source:
Residentialproperties
Added: Mar 19
Changed: Oct 16
Last Checked: Oct 16 at 8:58AM
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 Century 21 Limitless
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Investment Insights
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This well-maintained six-unit apartment building offers a practical unit mix of two 1-bedroom units and four 2-bedroom units. The layouts are described as functional and appealing, supporting flexible occupancy options. Off-street parking is available to add day-to-day convenience for residents.
The property is located on Washington Street in Coventry, Rhode Island, with easy access to shopping, dining, and everyday amenities along the corridor. Commuters also benefit from quick access to Route 117 and Interstate 95 for travel to Warwick, Cranston, and Providence.
The offering includes a straightforward residential income configuration with off-street parking and a balanced mix of 1- and 2-bedroom apartments.
The property is located on Washington Street in Coventry, Rhode Island, with easy access to shopping, dining, and everyday amenities along the corridor. Commuters also benefit from quick access to Route 117 and Interstate 95 for travel to Warwick, Cranston, and Providence.
The offering includes a straightforward residential income configuration with off-street parking and a balanced mix of 1- and 2-bedroom apartments.
Key Highlights
- 6‑unit residential property built in 1850
- Unit mix includes two 1‑bedroom units and four 2‑bedroom units
- Well‑maintained six‑unit with off‑street parking
Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
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Business Placement
Demographics for 02816, RI
33,206
Population
14,505
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
93%
High-School Grad
36.9 sq mi
ZIP Area
900
Density / Sq Mi
$97,941
Median Household Income
$51,773
Median Earnings
$1,168
Median Rent
$317,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained six-unit residential property with two 1-bedroom units and four 2-bedroom units and off-street parking.
Where is this apartment building located?
The property is located at 505 Washington Street Coventry, RI.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 6‑unit residential property built in 1850; Unit mix includes two 1‑bedroom units and four 2‑bedroom units; Well‑maintained six‑unit with off‑street parking
