Sold
Last Sold Price
5 beds2,625 sqft
56 S Main St, Coventry, RI 02816
Multi FamilyProperty Type
0.27 acresLot Size
1776Year Built
$124/sq ftPrice per sq ft
6 carsParking Spaces

Description

Attention investors! Three units that are all fully occupied in this unique property with two houses on one lot. A two-family home consisting of a first-floor unit with two beds, one bath, and long-term tenants, as well as a second-floor apartment that was completely renovated in the last five years. That home also has a 10-year-old roof and two separate heating systems that are also about 10 years old. This property also contains a single-family home with a newer roof, renovated kitchen, and bathroom,...Attention investors! Three units that are all fully occupied in this unique property with two houses on one lot. A two-family home consisting of a first-floor unit with two beds, one bath, and long-term tenants, as well as a second-floor apartment that was completely renovated in the last five years. That home also has a 10-year-old roof and two separate heating systems that are also about 10 years old. This property also contains a single-family home with a newer roof, renovated kitchen, and bathroom, as well as a heating system within the last 10 years. With plenty of off-street parking, two detached garages, and convenience to shopping, dining, and highway access, this property has so much to offer. Call today for your private showing!
  • Listed by: The Nick Slocum Team 401.862.7012 nick@nickslocumteam.com Brokerage DRE #REC.0005281 • SLOCUM REALTY
Listing closed: 09/30/2021 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1291558

Recent comparable sales

Median sold price

$438,000

Avg days on market

25

Sale-to-list ratio

99.5%

Coventry, RI

9 comparable properties found

$440,000 | 1060 Main Street, Coventry, RI 02816
1/50
1

$440,000

Sold 05/29/25

5
Bedrooms
2,932
Square Feet
0.5
Acres
$400,000 | 661 Washington Street, Coventry, RI 02816
1/42
2

$400,000

Sold 07/15/26

5
Bedrooms
1,730
Square Feet
0.83
Acres
$560,000 | 192 Tiogue Avenue, Coventry, RI 02816
1/2
3

$560,000

Sold 10/28/24

5
Bedrooms
2,200
Square Feet
0.64
Acres
$438,000 | 11 Dell Street, Coventry, RI 02816
1/38
4

$438,000

Sold 04/25/25

5
Bedrooms
2,244
Square Feet
0.15
Acres
$354,000 | 211 Tiogue Avenue, Coventry, RI 02816
1/21
5

$354,000

Sold 11/14/25

5
Bedrooms
2,002
Square Feet
0.21
Acres
$550,000 | 231 Shady Valley Road, Coventry, RI 02816
1/47
6

$550,000

Sold 12/08/25

5
Bedrooms
2,580
Square Feet
2.1
Acres
$650,000 | 432 Fairview Avenue, Coventry, RI 02816
1/37
7

$650,000

Sold 07/16/26

5
Bedrooms
6,193
Square Feet
0.58
Acres
$415,000 | 556 Washington Street, Coventry, RI 02816
1/35
8

$415,000

Sold 04/30/25

5
Bedrooms
1,428
Square Feet
0.07
Acres
9

$325,000

Sold 10/21/24

4
Bedrooms
3.5
Bathrooms
1,555
Square Feet
0.23
Acres

Amenities

  • Attic
  • Baseboard Heating
  • Basement
  • Carpet Floors
  • Carport Parking
  • Ceramic Floors
  • Common Laundry
  • Detached Garage

Location

Listing Courtesy of SLOCUM REALTY

Sold By Keller Williams Realty

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Payment Calculator

$2,083 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,679

Property Taxes

$404

HOA Dues

$0

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Property Information for 56 South Main Street

Property Details
  • Taxes: $4,846 / year
  • MLS Type: Residential Income / Multi Family
  • County: Kent County
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 1776
  • Lot Size: 0.27 AC / 11,761 SF
Summary
Location and General Information
  • City: Coventry
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Coventry
  • Postal Code: 02816
  • State Or Province: RI
  • Zoning: R20
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Carport Y N: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Carport, Detached, Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $4,846.00
  • Tax Assessed Value: 255500
  • Tax Lot: 91.002
  • Tax Year: 2020
Property
Lot Information
  • Above Grade Fin SQFT: 2625.0
  • Building Area Total: 2625.0
  • Living Area Source: Public Records
  • Lot Features: Paved
  • Lot Size Acres: 0.27
  • Lot Size Area: 11761.0
  • Lot Size Square Feet: 11761.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 56SOUTHMAINSTCVEN
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1776
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Patio
  • Foundation Details: Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Full, Interior Entry, Partially Finished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Heating: Baseboard, Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Permanent Attic Stairs, Tub Shower
  • Laundry Features: Common Area
  • Patio And Porch Features: Patio, Porch
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $6,880.00
Unit 1 Information
  • Actual Rent: $1,400.00
  • Description: Single Family Hous
  • Unit Type Area: 1200.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Unit 2 Information
  • Actual Rent: $850.00
  • Unit Type Area: 390.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $850.00
  • Unit Type Area: 1035.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 56 South Main Street

DateEvent & SourcePriceAppreciation
Sep 30, 2021

Sold

Rhode Island Association of REALTORS® #1291558

$325,000
Aug 27, 2021

Contract Signed

Rhode Island Association of REALTORS® #1291558

Aug 23, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1291558

$325,000
DateEvent & SourcePrice
09/30/2021

Sold

Rhode Island Association of REALTORS® #1291558

$325,000
08/27/2021

Contract Signed

Rhode Island Association of REALTORS® #1291558

08/23/2021

Listed (Active)

Rhode Island Association of REALTORS® #1291558

$325,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 56 South Main Street

Taxable ValueLand$83,300Additions$267,900Total$351,200
Tax Record2025$5,651 ($471 / month)
Home Facts
Baths2Total Finished SqFt1,425 SqFtAbove Grade Finished SqFt1,425 SqFtStories4Lot Size11,761 SqFtStyleMulti-Family Dwelling (2-4)ZoningR-20CountyKENTAPNCOVE M:45 L:91-002

Schools near 56 South Main Street

This home is within Coventry School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hopkins Hill School
PublicK to 5

Coventry High School
Public9 to 12

The Regional Career And Tech
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 56 South Main Street, Coventry, RI 02816
$325,000
5
2,625
11,761
$226,000
4
2,625
11,761
$105,000
3.5
1,995
7,405
$141,200
3
2,309
10,000
$72,500
3
1.5
683
4,792
$69,000
3
2.5
1,383
3,920

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SLOCUM REALTY

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.