417 Washington StCoventry, RI 02816

This exceptional 6.58-acre property presents a unique investment opportunity in Coventry, Rhode Island, situated conveniently on the Coventry/West Warwick town line at 417 Washington Street, zip code 02816. The land is zoned GB, offering significant development potential. Water and sewer connections are readily available, running directly from Washington Street into the property. Adding to the investment appeal, this offering includes an adjacent 0.49-acre parcel featuring a collection of income-producing assets. These assets comprise five one-bedroom apartments, several garage rentals, and an established business, providing a current revenue stream. This presents a flexible investment scenario; the entire 6.58-acre parcel, including the existing rental properties and business, can be purchased as a single package, or the land and income-producing components can be acquired separately. The property's prime location and diverse income streams make it an attractive proposition for developers and investors seeking a multifaceted investment opportunity in a thriving Rhode Island community. The latitude and longitude coordinates are 41.6957662, -71.5345795 respectively. The asking price for the entire property is $2,600,000.