$440,000
SOLD MAY 29, 2025

1060 Main St Coventry, RI 02816

5 Beds
4 Baths
2,932 Sq Ft
21,780 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

6% Below List Price

21 Days on Market

Highlights

  • Golf Course Community
  • Attic
  • 2 Car Detached Garage
  • Wood Flooring
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of May 2025

Very large and unique two family home.There is nothing else like it on the market.Excellent opportunity for a multi-generation family,owner occupier or investors looking for cash flow.This is a great location with easy highway access and in todays high demand rental market the numbers work,allowing you to leverage sustainable profit.Almost all of the windows have been replaced as has some of the siding.Separate entrances and utilities for each unit.Tenant pays heat and electric.The owners unit has a kitchen,half bath,and open space living room/dining room on the first floor.Second floor has 3 bedrooms,one is a large master bedroom with a half bath and walk-in closet.Full bath is on the second floor with built in storage closet.The owners unit does need some cosmetic updating.The rental unit is one level and was recently painted.It has 2 bedrooms,kitchen, a dining room/living room,full bath and a sunroom at the front entrance.A 5 bedroom ISDS was installed in 2000,sewer is available and the assessment is paid in full.Offstreet parking for 4 cars and there is a 2 car two story garage and a shed on a concrete pad both need significant renovation.If you are looking for a property with the potential to generate income or a homebuyer looking for rental income come and take a look.Home will convey vacant.Please DO NOT go on the property without listing agent present.Estate sale being sold as is as seen.NO FHA/VA loans.Conventional loan or cash.BUYERS TO DO DUE DILIGENCE.

Last Agent to Sell the Property

Thomas Hobson

Baker Realty Group License #RES.0045991 Listed on: 04/10/2025

Last Buyer's Agent

Sara Chaffee

Mott & Chace Sotheby's Intl. License #RES.0040579

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1900

Lot Details

  • 21,780 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,932 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 1060MAINSTCVEN

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Washington Subdivision

Amenities

  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,712

Year Built

Built in 1900

Lot Details

0.5 Acres

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Inclusions: Selling agent has an ownership interest.Estate sale no sales disclosure.NO FHA OR VA loans(Exterior needs some work)Sellers will not be making any repairs,THIS IS AN AS IS SALE.Sellers have not occupied the home.
  • Subdivision Name: Washington
  • Above Grade Finished Sq Ft: 2932.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Gas Water Heater, Oven, Range
  • Has Basement: Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2

Exterior Features

  • Construction Type: Plaster, Clapboard, Wood Siding
  • Foundation Details: Brick/Mortar, Stone
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1060MAINSTCVEN
  • Zoning: R 20

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5712.0
  • Tax Lot: 48
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
May 29, 2025
Sold by
Hobson Andrew R
Bought by
Murphy Molly H and Murphy Timothy H
Seller's Agent
Thomas Hobson
Baker Realty Group
Buyer's Agent
Sara Chaffee
Mott & Chace Sotheby's Intl.
List Price
$469,900
Sold Price
$440,000
Premium/Discount to List
-$29,900
-6.36%
Views
80
Current Estimated Value
$488,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,754
Avg. Annual Appreciation
13.50%
Original Mortgage
$418,000
Outstanding Balance
$415,109
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,645
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 None Available
Warranty Deed $440,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $418,000 Purchase Money Mortgage
Closed $418,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $440,000 -1.1% $150 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $445,000 -5.3% $152 / Sq Ft
04/10/2025 04/10/25 For Sale $469,900 -- $160 / Sq Ft
Source: State-Wide MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,804 $360,700 $103,600 $257,100
2024 $5,713 $360,700 $103,600 $257,100
2023 $5,530 $360,700 $103,600 $257,100
2022 $5,319 $271,800 $99,000 $172,800
2021 $5,273 $271,800 $99,000 $172,800
2020 $6,045 $271,800 $99,000 $172,800
2019 $4,733 $212,800 $80,400 $132,400
2018 $4,599 $212,800 $80,400 $132,400
2017 $4,465 $212,800 $80,400 $132,400
2016 $4,297 $200,700 $76,000 $124,700
2015 $4,181 $200,700 $76,000 $124,700
2014 $2,018 $200,700 $76,000 $124,700
2013 $4,189 $224,500 $90,500 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1377822

State-Wide MLS

APN: COVE-000046-000000-000048

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