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