471 Broad ST, Cumberland, RI 02864
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471 Broad ST, Cumberland, RI 02864
471 Broad ST, Cumberland, RI 02864
471 Broad ST, Cumberland, RI 02864
471 Broad ST, Cumberland, RI 02864
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Thomas Goss

Thomas Goss

+1(401) 640-6894
$ 799,999
Est. payment /mo
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471 Broad ST Cumberland, RI 02864

8 Beds

5 Baths

6,029 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,029 sqft

Price per Sqft $132

MLS Listing ID 1425268

Bedrooms 8

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 6,029

Year Built 1940

Annual Tax Amount $7,319

Tax Year 2026

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Multi Family

Property Description

Exceptional 4-family opportunity in Cumberland with a rare combination of owner-occupant appeal and strong investment upside. The centerpiece is a massive vacant first-floor owner's unit offering 3 bedrooms, 2 full baths, an updated kitchen with stainless steel appliances, expansive living space and an additional bonus room with its own separate entrance ideal for an office, storage or potential future rental use. The remaining units include a 2-bed/1-bath and 1-bed/1-bath on the second floor, plus another 2-bed/1-bath on the third floor. At projected market rents, the property has the potential to generate approximately $7,500-$8,000 per month in gross rental income. All utilities are separately metered, helping keep owner expenses low. Major improvements include siding approximately 2 years old, roof and windows approximately 13 years old and 3 brand-new hot water tanks. Additional features include hardwood floors, spacious rooms, abundant natural light, a large basement and oversized off-street parking. The size and versatility of this property are difficult to capture in photos this one truly needs to be seen in person.

Location

State RI

County Providence

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Tub Shower

Heating Baseboard, Forced Air, Gas

Cooling None

Flooring Hardwood

Fireplace No

Appliance Gas Water Heater, Water Heater

Exterior

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks

Utilities Available Sewer Connected

Total Parking Spaces 10

Garage No

Building

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 471BROADSTCUMB

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Listed by New England Apartment Group

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