About This Home

This 5-bedroom, 3-bathroom residential multi family at 421 Broad Street in Cumberland, RI is listed for $599,900 ($204 per sqft). Built in 1940, the home offers 2,936 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1940
  • 0.10 acre lot
  • 3 stories
  • 4 parking spaces

Property Details

3 stories
3 full
4 spaces
1940

Amenities

A/C
Listing Description

Tremendous investment opportunity in Valley Falls! This rare 3-family multi-family property offers an exceptional future cash flow situation with the right vision. An excellent multi-unit layout featuring separate utilities, gas heat, and dedicated off-street parking.

Tenants enjoy immediate access to local shopping, dining, public transit, and top-rated Cumberland schools. Whether you are looking to expand your portfolio or house-hack while letting tenants pay your mortgage, this turn-key multi-family delivers location and proven long-term appreciation. Seller to replace hot water tank prior to closing. Don't miss out on adding a cornerstone asset to your portfolio!

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

421 Broad Street

Cumberland, RI 02864

Valley Falls

Features & Amenities

Interior Features

Wall (Plaster)StairsPlumbing (Mixed)Insulation (Walls)

Property Details

Flooring

CarpetTile - Ceramic

Construction

Plaster Vinyl Siding

Parking

None

Heating

BaseboardNatural Gas

Cooling

Window Unit(s)

Appliances

DishwasherOvenRangeRefrigerator

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 421 Broad Street is listed at $599,900 ($204/sqft). The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.10 acre lot, 3 stories, 4 parking spaces. Interior Features: Wall (Plaster), Stairs, Plumbing (Mixed).

This property is listed by Justin Freitas and can be reached at 4012887659.

JF

Justin Freitas

Agent at Century 21 Gonsalves-Pastore Realty

(401) 288-7659
Agent website

Listed by Century 21 Gonsalves-Pastore Realty · Broker phone: (401) 728-2770 · View on Broker Site · Broker website

MLS# 1421510· Source: State Wide MLS of Rhode Island, Inc.· 35 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

421 Broad Street, Cumberland, RI 02864

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