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

2 stories
2 full, 1 half
3-car garage

Amenities

Hardwood
Listing 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!

Monthly Cost Estimate

$3,396/mo

20% down · 6.5% · 30 years

Principal$459
Interest$2,751
Insurance$185

Estimates only. Actual payments may vary.

Location

195 Town Farm Road

Coventry, RI 02816

Western/Central

Features & Amenities

Interior Features

Wall (Plaster)Wall (Wood)AtticAttic StairsStairsPlumbing (Mixed)Insulation (Unknown)

Exterior Features

Deck

Property Details

Flooring

PineHardwoodVinyl

Construction

Plaster Wood Wall(s) Vinyl Siding

Outdoor Features

Deck

Parking

Open

Heating

OilBaseboard

Appliances

DishwasherMicrowaveOvenRangeRefrigeratorElectric Water Heater

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.

EV

Elizabeth VARS

Agent at Doorley Real Estate Inc.

(401) 578-4538
Agent website

Listed by Doorley Real Estate Inc. · Broker phone: 401 398-7070 · View on Broker Site · Broker website

MLS# 1422064· Source: State Wide MLS of Rhode Island, Inc.· 44 days on PropertySimple

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.

195 Town Farm Road, Coventry, RI 02816

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