Coventry Multifamily Investment
For Sale
Contact for pricing
505 Washington Street, Coventry, RI 02816
Well-maintained 6-unit residential property in a convenient location.
Property SizeContact for details
Days on Market141
Property Features for 505 Washington Street
General Information
Standard status
Active
Total Parking Spaces
10
Property subtype
Special Purpose
Building Details
Year Built
1850
Buildings
1
Listing Agency:
Century 21 The Seyboth Team
(508) 726-3492
Listed By:
Kyle Seyboth · License #RI, MA
Source:
Crexi
Added: Mar 21
Changed: Aug 8
Last Checked: Aug 8 at 6:31AM
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 The Seyboth Team
Investment Insights
Based on property information with market context.
This is a 6-unit residential property located in Coventry, Rhode Island. The property features a unit mix of two 1-bedroom units and four 2-bedroom units. The layouts are functional and appealing. Off-street parking is available for residents. The property is situated with access to shopping, dining, and everyday amenities along the Washington Street corridor. Route 117 and Interstate 95 are easily accessible, allowing for commutes to Warwick, Cranston, and Providence. The property is located close to 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: two 1‑bedroom and four 2‑bedroom units.
- Convenient location with easy access to shopping, dining, and amenities along Washington Street.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
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, 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: two 1‑bedroom and four 2‑bedroom units.; Convenient location with easy access to shopping, dining, and amenities along Washington Street.
