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2220 Diamond Hill Rd Cumberland, RI 02864

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For Sale
$1,099,000

Six-unit mixed-use property with a vacant lot for sale.

Lot size:
1.13 Acres

Property Features for 2220 Diamond Hill Rd

General Information

Standard status
Active
Lot size
1.13 Acres

Building Details

Year built
1950

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Listing Contact
The Hometown Experts Team
Source: Corcoran

Listing Agency: RE/MAX TOWN & COUNTRY Listing Agent: The Hometown Experts Team

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Property with Vacant Lot

This is a mixed-use property featuring six units and a vacant lot exceeding one-half acre. The property is situated on Diamond Hill Road, conveniently located between Chapel Four Corners and I-295. The building includes two commercial units, one on the first level and another on the lower level, alongside four residential apartments, with two located on each of the first and second levels. A two-stall garage is attached to the building; one stall is used by the Unit 1 tenant, while the other is rented to a third party. There are separate electric meters for five units, plus a house meter. Heat is centrally provided by the owner, utilizing one gas IBC high-efficiency direct vent boiler with six zones. The owner also covers the cost of hot water, water, and sewer. A washer and dryer are available in the basement. The building is equipped with a fire alarm system. The building is currently fully occupied. Parking is available for 14 or more vehicles. This six-unit property and vacant lot are being sold together. The adjacent four-unit property on a 1/4 acre lot is also available for purchase, presenting many possibilities.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Cumberland
County
Providence
State
Rhode Island
Longitude
-71.403397
Latitude
41.9484865

FAQs

What type of property is this?
Mixed-use property - Six-unit mixed-use property with a vacant lot for sale.
Where is this mixed-use property located?
The property is located at 2220 Diamond Hill Rd Cumberland, RI.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: - Mixed-use property with 2 commercial units and 4 residential apartments, offering diverse income streams.; - Includes a large vacant lot (over 1/2 acre) in addition to the 6-unit building.; - Fully occupied, providing immediate rental income.
More about this property
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