27 Pilgrim Drive Coventry, RI 02816

INVESTORS TAKE NOTICE: 2 buildings on one lot. The building on left is a 5 unit, consisting of 4, 1 bedroom units and a 2 bedroom unit, with a full basement. The building to the right is a 1-2 bedroom home with an attached 1 car garage, storage room and a full basement. Owner pays heat and hot wate...r in all of the 5 units. tenants pay their own electric. The detached single family is currently NOT RENTED. Could rent for $2500+ with no utilities. All of the one bedroom units are rented for $1300 with heat and hot water, except for 1 elderly tenant who has been there for years. The 5th unit is rented for $1800 with heat and hot water. All new windows in all units except for the older tenants front window. Updated roof, The detached single family has just been completely remodeled and will remain vacant . All units has gas heat, city water and 3 septic tanks, 2-1000 gal tanks and 1-1500 tank. There is a central fire system in place and inspected annually. Newly paved driveway. Lots of parking for tenants. Rents can be higher. Continue reading