$375,000

31 Phillips Hill Rd Coventry, RI 02816

Coventry Area

Estimated payment $2,558/month

Total Views 1,038
4 Beds
2 Baths
2,100 Sq Ft
$179 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • Forced Air Heating System
  • Waterfront
  • Bathtub with Shower
  • Wood Siding

About This Home

**Unique Waterfront Investment Opportunity!** Two waterfront homes on one lot, situated on nearly an acre along beautiful Stump Pond and directly bordering the Coventry Bike Path. Each home offers 2 bedrooms and 1 bathroom, creating a rare opportunity with multiple possibilities. Both both homes require rehab and are being sold **AS IS**, making this an ideal opportunity for investors, flippers, or a savvy owner-occupant looking to live in one home and rent the other. Due to the work needed, the ideal buyer will be CASH or Private money although some conventional financing may work. Opportunities like this are hard to find: two homes, one waterfront lot, and plenty of land with significant upside potential. Dont miss out!!!

Listing Agent

Mike Zompa

RE/MAX Preferred Brokerage Email: zompa.realtor@gmail.com License #RES.0031219 Listed on: 08/15/2026

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,969

Year Built

  • Built in 1880

Lot Details

  • 36,590 Sq Ft Lot
  • Waterfront

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number 3131APHILLIPSHILLRDCVEN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,969

Year Built

Built in 1880

Lot Details

0.84 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.84
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Side By Side
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Attribution Contact: zompa.realtor@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 2

Exterior Features

  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Wood Siding, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 36590.0
  • Parcel #: 3131APHILLIPSHILLRDCVEN

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5969.0
  • Tax Lot: 213
  • Tax Year: 2025

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,969 $371,000 $128,200 $242,800
2024 $5,877 $371,000 $128,200 $242,800
2023 $5,687 $371,000 $128,200 $242,800
2022 $5,910 $302,000 $111,100 $190,900
2021 $5,859 $302,000 $111,100 $190,900
2020 $6,716 $302,000 $111,100 $190,900
2019 $5,814 $261,400 $92,000 $169,400
2018 $5,649 $261,400 $92,000 $169,400
2017 $5,484 $261,400 $92,000 $169,400
2016 $5,061 $236,400 $87,000 $149,400
2015 $4,924 $236,400 $87,000 $149,400
2014 $4,821 $236,400 $87,000 $149,400
2013 $4,710 $252,400 $101,500 $150,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2026 08/15/26 For Sale $375,000 -- $179 / Sq Ft
Source: State-Wide MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $109,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $125,000 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1420532

State-Wide MLS

APN: COVE M:318 L:213

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