31 31A Phillips Hill Road
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$375,000

31 31A Phillips Hill Road
Coventry, RI 02816
Listed by Michael Zompa
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1880

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!!!

Highlights

Waterfront

Property details

MLS #
1420532
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
August 15, 2026
Stories
2
Garage spaces
N/A
Lot size
0.84 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Washington Oak School
2.1 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
652
Student:teacher ratio
15.9:1
District
Coventry
Middle
Alan Shawn Feinstein MS of Cov
3.87 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
981
Student:teacher ratio
11.3:1
District
Coventry
High
The Regional Career and Tech
2.55 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
District
Coventry

Mortgage calculator

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Est. monthly payment
$2,408/mo
$75,000 down
$300,000 loan
Principal & interest$1,946
Property tax (est.)$313
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 5 days ago.

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.