Renovated Quadplex with Townhouse
For Sale
$825,000
251 High Street, Cumberland, RI 02864
Updated interiors, off-street parking, outdoor space, and tenant-paid utilities support a practical rental configuration.
Property SizeContact for details
Days on Market12
Property Features for 251 High Street
General Information
Standard status
Active
Property subtype
Multi-family
Lease Term
[]
Additional Details
Gross Income
$80,040
Building Details
Year Built
1900
Buildings
1
Tenancy
Multi
Listing Agency:
New England Apartment Group
Listed By:
John Slyman
(401) 619-8222
Source:
Teridegnan
Added: Jul 27
Changed: Aug 3
Last Checked: Aug 6 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New England Apartment Group
Investment Insights
Based on property information with market context.
Located at 251 High Street in Cumberland, RI, this four-unit residential income property was built in 1900 and has undergone extensive renovation. The unit mix includes two first-floor apartments, comprising one 1-bedroom and one 2-bedroom, a second-floor 2-bedroom apartment, and a townhouse-style 3-bedroom residence with two full bathrooms across the second and private third floors. Interior improvements include granite countertops, shaker cabinetry, updated bathrooms, and hardwood or modern flooring.
The basement contains coin-operated laundry, while additional property features include direct-vent gas heat, mini-split systems, vinyl siding, striped off-street parking, outdoor space, and a stone retaining wall. Tenants pay their own utilities. Common areas have also been maintained and improved, complementing the renovated apartments and townhouse-style unit.
The basement contains coin-operated laundry, while additional property features include direct-vent gas heat, mini-split systems, vinyl siding, striped off-street parking, outdoor space, and a stone retaining wall. Tenants pay their own utilities. Common areas have also been maintained and improved, complementing the renovated apartments and townhouse-style unit.
Key Highlights
- Four‑unit property with one 1‑bedroom, two 2‑bedroom, and one 3‑bedroom unit
- Townhouse‑style 3‑bedroom unit spans the second and private third floors and includes two full bathrooms
- Renovated interiors feature granite countertops, shaker cabinetry, updated bathrooms, and hardwood or modern flooring
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Explore this area
Business Placement
Demographics for 02864, RI
36,376
Population
14,735
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
92%
High-School Grad
26.5 sq mi
ZIP Area
1,373
Density / Sq Mi
$118,737
Median Household Income
$62,041
Median Earnings
$1,251
Median Rent
$394,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated interiors, off-street parking, outdoor space, and tenant-paid utilities support a practical rental configuration.
Where is this quadplex located?
The property is located at 251 High Street Cumberland, RI.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four‑unit property with one 1‑bedroom, two 2‑bedroom, and one 3‑bedroom unit; Townhouse‑style 3‑bedroom unit spans the second and private third floors and includes two full bathrooms; Renovated interiors feature granite countertops, shaker cabinetry, updated bathrooms, and hardwood or modern flooring
