Multi Family at 421 Broad Street, Cumberland
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16 photos

$599,900

421 Broad Street
Cumberland, RI 02864
Listed by Justin Freitas
Bedrooms
5
Bathrooms
3
Living area
N/A
Year built
1940

About this home

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!

Property details

MLS #
1421510
Property type
Multi Family
Subdivision
Valley Falls
Status
Active
Days on market
N/A
On market date
August 25, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
4
Lot size
0.1002 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
B.F. Norton Elementary School
0.18 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
321
Student:teacher ratio
13.4:1
District
Cumberland
Middle
Joseph L. McCourt MS
0.5 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
425
Student:teacher ratio
9.9:1
District
Cumberland
HighCharter
Blackstone Valley Prep High
0.55 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
403
Student:teacher ratio
12.6:1
District
Blackstone Valley Prep A RI Mayoral Academy

Mortgage calculator

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Est. monthly payment
$3,763/mo
$119,980 down
$479,920 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.