421 Broad Street
Cumberland, RI 02864
$599,900
Tremendous investment opportunity in Valley Falls! This rare 3-family multi-family property offers an exceptional future cash flow situation with the right vision. An excellent multi-unit layout featuring separate utilities, gas heat, and dedicated off-street parking. Tenants enjoy immediate access to local shopping, dining, public transit, and top-rated Cumberland schools. Whether you are looking to expand your portfolio or house-hack while letting tenants pay your mortgage, this turn-key multi-family delivers location and proven long-term appreciation. Seller to replace hot water tank prior to closing. Don't miss out on adding a cornerstone asset to your portfolio!
| Listing Id: | 1421510 |
|---|---|
| List Price: | $599,900 |
| Property Type: | Residential Income |
| Property Sub Type: | MultiFamily |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 3 |
| Living Area: | 2,936 |
| Tax Annual Amount: | $4,649 |
| Lot Size Square Feet: | 4,365.0 |
| City: | Cumberland |
| County Or Parish: | Providence |
| Postal Code: | 02864 |
| Year Built: | 1940 |
| Number Of Units Total: | 3 |
| Above Grade Finished Area: | 2,936.0 |
| Appliances: | Dishwasher, Oven, Range, Refrigerator, and Water Heater |
| Basement: | Yes |
| Bathrooms Total Integer: | 3 |
| Building Area Total: | 2,936.0 |
| Community Features: | HighwayAccess, NearSchools, PublicTransportation, RecreationArea, Shopping |
| Construction Materials: | Plaster, VinylSiding |
| Cooling: | Window Units |
| Cooling?: | Yes |
| Covered Spaces: | 0.0 |
| Electric: | Amps100 |
| Fireplace Features: | None |
| Fireplaces Total: | 0 |
| Flooring: | CeramicTile, Carpet |
| Foundation Details: | BrickMortar, ConcretePerimeter |
| Heating: | Baseboard, Gas, HotWater |
| Heating?: | Yes |
| Inclusions: | Working with 2nd floor tenant to secure rent relief. |
| Interior Features: | InteriorSteps, TubShower |
| Laundry Features: | CommonArea |
| Listing Agreement: | ExclusiveRightToSell |
| Living Area Source: | PublicRecords |
| Lot Size Area: | 4365.0 |
| Lot Size Units: | SquareFeet |
| Number Of Buildings: | 1 |
| Operating Expense: | $7,500 |
| Original List Price: | $599,900 |
| Parcel Number: | 421BROADSTCUMB |
| Parking Features: | NoGarage |
| Parking Total: | 4 |
| Possession: | Negotiable, RentalAgreement |
| Postal City: | Cumberland |
| Rooms Total: | 13 |
| Sewer: | Connected |
| Sign On Property?: | Yes |
| State Or Province: | RI |
| Subdivision Name: | Valley Falls |
| Tax Assessed Value: | $464,500 |
| Tax Year: | 2025 |
| Utilities: | Sewer Connected |
| Water Source: | Connected |
| Basement: | Full,PartiallyFinished,WalkOutAccess |
| Lot Size Acres: | 0.1002 |
| Architectural Style: | Stacked |
| Internet Automated Valuation Display?: | Yes |
| Internet Consumer Comment?: | Yes |
| Status: | Active |
| Stories Total: | 3 |
| Street Number Numeric: | 421 |
| Universal Property: | US-44007-N-421BROADSTCUMB-R-N |
| Listing Key: | 1184947063 |
| Originating System Sub Name: | RIS_RIS |
| Current Price: | $599,900.00 |
| Country Subdivision: | 44007 |
| Record Signature: | -1,252,801,649 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:44007:421BROADSTCUMB |
Listing Courtesy of: CENTURY 21 Gonsalves - Pastore
401-288-7659
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Property Last Updated: October 08, 2026 05:25 PM - ET
