About This Home
This 6-bedroom, 3-bathroom residential multi family at 195 Town Farm Road in Coventry, RI is listed for $634,900 ($209 per sqft). the home offers 3,033 sqft of living space on a 2.00 acres lot.
Key Features
- Built in 1790
- 2.00 acre lot
- 2 stories
- 9 parking spaces
Property Details
Amenities
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!
Monthly Cost Estimate
$3,396/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
195 Town Farm Road
Coventry, RI 02816
Western/Central
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Appliances
Questions & Answers
This 6-bedroom, 3-bathroom residential multi family at 195 Town Farm Road is listed at $634,900 ($209/sqft). The estimated monthly payment is $3,395 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1790, 2.00 acre lot, 2 stories, 9 parking spaces. Interior Features: Wall (Plaster), Wall (Wood), Attic. Exterior Features: Deck.
This property is listed by Elizabeth VARS and can be reached at 4015784538.


