195 Town Farm Rd, Coventry, RI 02816

Description

Price adjusted! Rare investment opportunity on 2 sprawling acres! This well-maintained multi-family property features an incredible, oversized 3-car garage equipped with a professional lift perfect for a mechanic, car enthusiast, or additional rental income (garage spaces have previously been rented for $150/month). The expansive grounds offer an abundance of parking spaces, easily accommodating tenants, guests, and oversized vehicles. There is a potential for an Accessory Dwelling Unit (ADU), if the property is owner-occupied and meets the guidelines of the Town of Coventry. Ideally suited for an owner-occupant or savvy investor, this property combines spacious outdoor living with unique functional utility. Each unit has wood floors, laundry areas, separate utilities and meters with oil heat (See list for all of the improvements made in the last 10+ years; home has a 5 bed ISDS which was just inspected 10/16/26 and passed). First floor unit has 1700'+ of living with tons of storage space, 3 bedrooms, full bath and an eat-in-kitchen with a spacious living room. Second floor unit has 1300'+ of living with 3 bedrooms, full bath and half bath with laundry, kitchen and formal dining room, ample-sized living room plus attic storage space if needed. (**Pictures of 2nd floor dining room show tenant owned chandelier that is no longer there and has been replaced). Great property waiting for its new owner!