46 Ames Street, Coventry, RI 02816

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List Price
$645,000
Status
COMING SOON
MLS#
1426263
Year Built
1880
Bedrooms
4
Bathrooms
4
Acres
0.34
Subdivision
Phenix

Property Description

WELCOME TO 46 AMES ST... Well-maintained 1880s building offering four residential units, with third floor expansion potential and full basement with 2nd means of egress through basement bulkhead walkout, in the desirable Phenix section of Coventry. This established income-producing property features four long-term, well-paying tenants who take pride in the property and demonstrate respect for their homes. The building is serviced by city water and a newer septic system, with four separate gas baseboard heating systems, four gas hot water tanks, and five circuit-breaker electrical services. Adding to the property's appeal is an approximately 40' x 32' walk-up third-floor space, currently offering five rooms and presenting exciting potential for future expansion, subject to applicable approvals and zoning requirements. Possible future uses may include an accessory dwelling unit (ADU) or a potential fifth residential unit. A compelling opportunity for investors seeking a well-cared-for, established multifamily property with reliable rental income and additional upside potential. The interior photos have been virtually staged. SEE VIRTUAL TOUR ON ANY PUBLIC WEBSITE FOR 55 PHOTOS INCLUDING WALK THROUGH VIDEO, THIRD FLOOR INTERACTIVE FLOOR PLAN SHOWING LAYOUT AND ROOM DIMENSIONS ALONG WITH PHOTO GALLERY

Additional Information

Taxes
$6,143
Lot Size
14,776
Interior Features
Attic, Internal Expansion, Permanent Attic Stairs, Tub Shower
Flooring
Carpet
Heating
Baseboard, Gas
Cooling System Type
None
Sewer
Septic Tank
Water Source
Connected
Appliances
Gas Water Heater, Water Heater
Basement
Exterior Entry, Full, Interior Entry, Unfinished
Parking Spaces
8

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