$569,900
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
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 387
- Student:teacher ratio
- 13.8:1
- District
- Cumberland
- Enrollment
- 425
- Student:teacher ratio
- 9.9:1
- District
- Cumberland
- Enrollment
- 953
- Student:teacher ratio
- 13.6:1
- District
- Lincoln
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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.