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195 Town Farm Road

Coventry, RI 02816
  • $695,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 1422064
New On Site 5 Days Ago
$695,000
  • 6
    BEDS
  • 2
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 3,033
    SQFT
  • $229
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1790
County:
Area:

School Ratings & Info

Description

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 6 bed ISDS). 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!

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-06T23:37:35.643.
www.onshorerealtors.com/homes/180739982
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195 Town Farm Road Coventry, RI 02816

  • Price: $695,000
  • Status: Active
  • On Site: 5 Days
  • MLS #: 1422064
6
Beds
2
Baths
1
½ Baths
2
Acres
3,033
SQFT
$229
$/SQFT
1790
Built
Neighborhood:
Western/Central
County:
Kent
Area:
Coventry
Property Description
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 6 bed ISDS). 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!
Exterior Features

Architectural Style Stacked Construction Materials Plaster Wood Siding Vinyl Siding Covered Spaces 3 Exterior Features Deck Paved Driveway Foundation Details Combination Garage YN Yes Other Structures Outbuilding Parking Features Detached Garage Garage Door Opener Parking Total 9 Patio And Porch Features Deck

Interior Features

Appliances Dishwasher Electric Water Heater Microwave Oven Range Refrigerator Basement Partial Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Hardwood Vinyl Wood Heating Baseboard Hot Water Oil Heating YN Yes Interior Features Attic Interior Steps Permanent Attic Stairs Skylights Stall Shower Window Features Skylight(s) Thermal Windows

Property Features

Attached Garage YN No Electric 100 Amp Service Circuit Breakers Separate Meters Human Modified YN Yes Inclusions Washers and dryers in first floor unit owned by the tenant. Pictures of the second floor dining room show a chandelier that was tenant owned and has been replaced. Items to remain by the sellers (see list in the supplements section)- Atlas 12000lb capacity overhead 2 post lift; Husqvarna riding lawn mower with triple bagger; Ryobi 4stroke gas powered weed whacker; gas powered leaf blower; wooden play set in the backyard; 10'x12' hard top gazebo on top of the deck. Land Lease YN No Laundry Features Common Area In Unit New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Septic Tank Tax Annual Amount 7224 Tax Assessed Value 604900 Tax Lot 36 Tax Year 2025 Water Source Well Zoning R2 A

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Doorley Real Estate Inc: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-06T23:37:35.643.
 
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57 Shore Rd, Suite B
Westerly RI, 02891