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    Cumberland Multifamily Property For Sale Title is generated by Realmo AI

    25 Pine Swamp Road, Cumberland, RI 02864

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    Claim this Listing
    Pending
    $470,000

    MULTI_FAMILY - Cumberland, RI

    Type:Apartment
    Property size:
    1,552 SF
    Lot size:
    0.34 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 15 at 11:06 am

    Property Features for 25 Pine Swamp Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Basement, Bathroom 2
    Parking
    4
    Parking features
    Garage
    Interior features
    Wall (Paneled), Wall (Plaster), Wall (Wood), Plumbing (Mixed), Insulation (Unknown)
    Basement
    Unfinished, Partial
    Appliances
    Electric Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    Standard status
    Pending
    Size
    1,552 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5556

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard, Oil, Electric (Heating)

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Vinyl
    Building materials
    Paneled, Plaster, Wood Wall(s), Other Siding

    We can help!

    Listing Contact
    Michele Stevenin

    Listing agent Michele Stevenin

    Listing office Family First Realty Ri, Llc 160 Burnside Street, Cranston, RI

    Listing date Apr 30, 2026

    MLS# 1410932 Listing URL

    Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Desirable Cumberland location with limited multifamily inventory.
    • Two units: a 2‑bedroom, 1‑bath and a 1‑bedroom, 1‑bath.
    • Income potential from currently rented second‑floor unit.
    • Flexible occupancy: ideal for owner‑occupants or investors.
    • Large lot size: just under 15,000 sq ft.
    • Includes essential appliances: Refrigerator, Oven/Range, Microwave, Dishwasher, Washer, Dryer, Electric Water Heater.

    Overview

    This two-family property is located in Cumberland, Rhode Island, situated on a lot just under 15,000 square feet. The property features two units: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. The second-floor unit is currently rented, providing immediate income. The first-floor unit is ready for an owner-occupant or a new tenant. This multifamily property offers rental potential and flexible occupancy options in a sought-after location. It is suitable for both investors and owner-occupants looking to offset their mortgage.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $39.5k $25.44
    − Vacancy −$2.6k −$1.65
    EGI $36.9k $23.79
    − OpEx −$11.1k −$7.14
    NOI $25.8k $16.65
    1,552 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $369.2K
    $323.0K – $430.7K (±1% cap)
    NOI $25,842 @ 7.0% cap · market cap 5.50%
    Second Best
    Apartment 5plus
    $293.0K
    $256.4K – $341.8K (±1% cap)
    NOI $20,509 @ 7.0% cap · market cap 4.36%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.457041
    Latitude
    42.012966

    FAQs

    What type of property is this?
    Duplex - Two-unit property in Cumberland, RI with rental income potential.
    Where is this duplex located?
    The property is located at 25 Pine Swamp Road Cumberland, RI.
    What is the asking price?
    The asking price for this property is $470,000.
    What are key features of this property?
    This property features: Desirable Cumberland location with limited multifamily inventory.; Two units: a 2‑bedroom, 1‑bath and a 1‑bedroom, 1‑bath.; Income potential from currently rented second‑floor unit.
    More about this property
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