4-Unit Multifamily Property with Bonus
For Sale
$799,999
471 Broad Street, Cumberland, RI 02864
Separate utility meters serve the units, and the vacant first-floor residence includes an additional room with its own entrance.
Property Size6,029 SF
Price / SF$132.69
Days on Market8
Property Features for 471 Broad Street
General Information
Standard status
Active
Size
6,029 SF
Property subtype
MultiFamily
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1940
Buildings
1
Stories
3
Listing Agency:
New England Apartment Group
Listed By:
John Slyman · License #REB.0018441
(508) 330-0325
Source:
Lockandkeyre
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 12 at 7:02PM
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.
Built in 1940, this four-unit property has a vacant first-floor residence with 3 bedrooms, 2 full baths, an updated kitchen with stainless steel appliances, and a separate-entry bonus room. The upper floors contain three more apartments: a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit on the second floor, plus a 2-bedroom, 1-bathroom unit on the third. Hardwood floors, spacious rooms, a large basement, and oversized off-street parking are also part of the property.
Utilities are separately metered. Siding was installed approximately 2 years ago, the roof and windows are approximately 13 years old, and the property has 3 new hot water tanks. The address is 471 Broad Street in Cumberland, Rhode Island.
Utilities are separately metered. Siding was installed approximately 2 years ago, the roof and windows are approximately 13 years old, and the property has 3 new hot water tanks. The address is 471 Broad Street in Cumberland, Rhode Island.
Key Highlights
- Four residential units with a 3‑bedroom, 2‑bathroom vacant residence on the first floor
- Upper‑floor mix includes two 2‑bedroom, 1‑bathroom apartments and one 1‑bedroom, 1‑bathroom apartment
- First‑floor bonus room has its own separate entrance
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
414
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Separate utility meters serve the units, and the vacant first-floor residence includes an additional room with its own entrance.
Where is this quadplex located?
The property is located at 471 Broad Street Cumberland, RI.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Four residential units with a 3‑bedroom, 2‑bathroom vacant residence on the first floor; Upper‑floor mix includes two 2‑bedroom, 1‑bathroom apartments and one 1‑bedroom, 1‑bathroom apartment; First‑floor bonus room has its own separate entrance
