INNOVATE
Real Estate
No photos available for this listing

$499,000

25 27 Phillip Street
Coventry, RI 02816
Listed by Garry Morin
Bedrooms
4
Bathrooms
4
Living area
N/A
Year built
1900

About this home

Rare investment opportunity! This unique package includes two separate buildings on one property—a well-maintained 2-family and a single-family home—offering 3 total rental units with exceptional income potential. The single-family features 2 bedrooms, 2 full baths, hardwood floors, wall-to-wall carpeting, and a spacious, functional layout. The duplex offers two clean 1-bedroom, 1-bath apartments with laminate flooring, making them ideal for tenants or extended family. Outside, enjoy a huge yard, a detached 2-car garage, and ample off-street parking. Both buildings are heated by oil-fired forced hot water systems and are serviced by individual cesspools. This is an Estate Sale and is being sold AS IS, AS SEEN, with no repairs or warranties. Property must be purchased as a package with adjacent 0 Callahan Way (MLS #1416952), creating an outstanding opportunity for investors, owner-occupants, or those seeking multi-generational living. Don't miss this chance to own a versatile property with tremendous potential!

Property details

MLS #
1416951
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
2
Garage spaces
2
Lot size
0.4029 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Blackrock School
1.1 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
330
Student:teacher ratio
12.7:1
District
Coventry
Middle
John F. Deering Middle
0.94 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,087
Student:teacher ratio
12.5:1
District
West Warwick
High
West Warwick High School
0.99 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,044
Student:teacher ratio
13.4:1
District
West Warwick

Mortgage calculator

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated July 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.