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$569,900

17 Victory Street
Cumberland, RI 02864
Listed by Phillip Gendreau
Bedrooms
5
Bathrooms
3
Living area
N/A
Year built
1850

About this home

Rare investment opportunity in highly desirable Cumberland! This versatile multi-family property is currently configured as a spacious two-family home but holds the rare advantage of being a legal three-family, offering incredible potential for added income with an easy conversion back to its original layout. Featuring 5 generously sized bedrooms, 3 full bathrooms, granite countertops, beautiful hardwood floors, expansive basement storage, and a stunning three-season room, this property blends charm, functionality, and opportunity. Multiple driveways provide ample parking, while the large room sizes create comfortable living spaces for both owners and tenants. Active Lead Certs in hand! Nestled on a peaceful dead-end street, this home offers the perfect balance of quiet residential living with unbeatable convenience—just a short walk to local restaurants, breweries, and scenic bike paths. Located in one of the nation’s most sought-after communities, Cumberland was recognized as one of the best places to live in 2025, making this property an even smarter investment. With only minor cosmetic updates needed to unlock its full potential, this property is competitively priced and presents an exceptional opportunity for investors or owner-occupants looking to maximize value. Whether you're seeking strong rental income, multi-generational living, or a smart long-term investment, this is the kind of property that rarely hits the market. MTM Tenants to remain after closing.

Property details

MLS #
1415753
Property type
Apartment,Multi Family
Subdivision
N/A
Status
Active
Days on market
10
On market date
N/A
Stories
2
Garage spaces
N/A
Lot size
0.1589 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Garvin Memorial
1.07 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
387
Student:teacher ratio
13.8:1
District
Cumberland
Middle
Joseph L. McCourt MS
1.61 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
High
Lincoln Senior High School
1.62 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
953
Student:teacher ratio
13.6:1
District
Lincoln

Mortgage calculator

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Est. monthly payment
$3,582/mo
$113,980 down
$455,920 loan
Principal & interest$2,957
Property tax (est.)$475
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 29, 2026.

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.