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    417 Broad St Cumberland, RI 02864
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    Property profile & analytics

    417 Broad St Cumberland, RI 02864


    • Investment properties
    • 2,073 SF
    • 0.07 lot acres
    Cumberland Multi-Unit Commercial Property For Sale
    $599,999
    3,250 SF

    Cumberland Multi-Unit Commercial Property

    Prime Multi-Building Investment Opportunity in RI

    Valley Falls, RI 02864
    View Listing
    Property ID
    US76-0357848
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
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    • Investment properties

    Property Details for 417 Broad St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    2,073 SF
    Zone code
    C-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CUMB M:007 B:0478 L:000
    APU
    CUMBM007B0478L000

    Description

    This exceptional Cumberland, RI investment property presents a rare opportunity to acquire a meticulously maintained multi-unit complex spanning 3,250 square feet on a 0.16-acre lot. The property comprises two buildings, both recently renovated with new interiors. The front building is a three-unit structure. The ground floor offers versatile commercial space, ideal for a variety of businesses. Above, the second and third floors each feature a two-bedroom, one-bathroom apartment, each with a bonus room on the second floor. The rear building is a charming three-bedroom, one-and-a-half-bathroom single-family residence. Both buildings benefit from recently replaced roofs (less than five years old), ensuring long-term cost savings. A shared water supply services both structures. This property is being offered as a package deal, presenting a unique opportunity for investors seeking a diversified portfolio or a savvy owner-occupant seeking rental income. The asking price for this turnkey investment is $599,999. This is an exceptional opportunity to acquire a high-yield property in a desirable location. The property's recent renovations and strong rental potential make it an attractive investment for both seasoned investors and those new to the market. Don't miss this chance to secure a valuable asset in the thriving Cumberland real estate market.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3953
    Latitude
    41.9112
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,163
    $80,500
    $100,500
    $181,000
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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