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8 Beds
5 Baths
6,029 sqft

$799,999

471 Broad Street, Cumberland RI, 02864

Price per sqft$132.69
Built in1940
Property size6,029 sqft
Property typeMulti-family

Overview

Active

Listed Oct 6, 2026

Updated 3 days ago

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.

$5,322/mo

Est. mortgage payment based on a $799,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1425268

Interior Features

Bedrooms
8
Bathrooms
5
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$7,319
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of New England Apartment Group, 508-330-0325

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 5:00 AM UTC, 10/7/2026.

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