417 Broad St Cumberland, RI 02864

This exceptional mixed-use investment property in Cumberland, Rhode Island, presents a rare opportunity. Located at 417 Broad Street, this 6,792 square foot lot encompasses two buildings, both recently renovated. The property boasts a total of four units, offering immediate income potential. The front building features three units: a studio apartment on the first floor, and two two-bedroom, one-bathroom units on the second and third floors, respectively. One of the upper units includes a bonus room. The rear building is a single-family residence with three bedrooms and one and a half bathrooms. Both buildings share a common water supply and are being sold as a package. Built in 1940, both buildings feature roofs that are only five years old, minimizing future maintenance concerns. The asking price for this turnkey investment is $649,900. This property is ideally suited for an investor seeking a strong return on investment in a desirable Rhode Island location. The combination of renovated units and the multi-family nature of the property ensures a stable and potentially growing income stream. Don't miss this chance to acquire a well-maintained, income-producing asset in a thriving community.