CCertihomes
1035 Main, Coventry, RI 02816

$649,000

0 beds 0 baths Built 1950Active

About this home

Spectacular location with amazing visibility. Located at a high traffic intersection in the heart of Coventry, this property features its own traffic light for easy access. It includes two free-standing buildings on nearly half an acre, situated directly along the Coventry bike path. One building is 1, 344 sq ft and the other is 944 sq ft. The well-manicured oversized lot provides ample parking with room for possible expansion. Currently used as a law office and music school, this property is only 3 miles from Interstate 95 and within walking distance to restaurants, Coventry Shoppers Park, Dunkin, Dave's Market, and just half a mile from the Coventry Recreation Center, Town Hall, and Library. Maximize your investment by running your business out of one unit, and generating passive income from the second unit, ensuring financial stability and growth.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$21,483/mo

Real estate (PITI + HOA + PMI)
$8,276
Principal + interest$4,181
Property tax + insurance$3,852
PMI / 2nd mortgage$243
Utilities
$26,428
Heating + cooling$13,061
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$21,483/mo TLC
Budget$21,983/mo
Remaining after TLC$500/mo
Purchase price
$649,000
Down payment
$32,450 (5%)
Loan amount
$616,550
APR
7.19%

Quick facts

Type
Commercial Sale
Style
Year built
1950
Lot size
Stories
0
Heating
Individual Control
Cooling
Window Unit(s)
Water
Connected, Public
HOA
Annual tax
$6,989
MLS #
1359766
County
Kent

At a glance

Basement

Home features

Sewer
Assessment to Buyer

Lot features

Paved, Sidewalks, Free Standing

Neighborhood — 02816

MetricThis ZIPCountyUSA
Population33,2161,095,423299,088,112
Population Change Since199010.00%9.00%20.00%
Population Density862994
Male16,071529,266147,432,321
Female17,146566,157151,655,844
Never Married6,236266,40463,775,926
Married15,563435,678123,120,365
Separated90343,64212,639,686
Widowed1,88566,66815,467,586
Divorced2,62583,84323,075,029
Number Of House Hold11,968410,399111,826,380
Average House Hold Size2.742.562.60
Medial Age39.3937.2735.46
Median House Hold Income$53,274$47,553$48,276
Average House Hold Income$61,626$61,609$63,629
P C I$22,719$23,965$24,529
M D I$44,836$40,634$41,133
A T H E$50,305$49,940$50,898
S T R7.00%7.00%
W C J79.97%78.02%77.74%
(Zip) Code
2816

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 5/29/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.