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Jason Monterecy

jason.monterecy@gmail.com +1(401) 480-9926

$ 825,000

Est. payment -/mo

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251 High ST Cumberland, RI 02864

8 Beds

5 Baths

4,375 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,375 sqft

Price per Sqft $188

MLS Listing ID 1419315

Bedrooms 8

Full Baths 5

HOA Y/N No

Abv Grd Liv Area 4,375

Year Built 1900

Annual Tax Amount $5,082

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi Family

Property Description

Meticulously maintained and fully renovated 4-family, ideal for an owner-occupant or investor. Owned and extensively improved by an experienced home builder, this is as clean, turn-key and low-maintenance as multifamily gets. Each unit has been renovated from top to bottom with granite countertops, shaker cabinetry, updated bathrooms, and gleaming hardwood or modern flooring. The immaculate common areas reflect the same pride of ownership found throughout the property. Excellent unit mix includes two first-floor apartments one 1-bedroom and one 2-bedroom a second-floor 2-bedroom, and a townhouse-style 3-bedroom with two full bathrooms spanning the second and private third floors, offering the space and feel of a single-family home. Coin-operated laundry in the basement provides additional income and enhances tenant convenience. Currently generating $6,670 per month with excellent tenants in place and clear room for rent growth. Tenants pay their own utilities, helping keep owner expenses minimal. Additional features include efficient direct-vent gas heat, mini-splits, vinyl siding, striped off-street parking, outdoor space and a stone retaining wall. A rare opportunity to acquire stabilized cash flow in a strong Cumberland rental market. The property shows beautifully in photos, but the quality, cleanliness and overall feel are even more impressive in person schedule a private showing to fully appreciate it.

Location

State RI

County Providence

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Heating Ductless, Gas

Cooling Ductless, Window Unit(s)

Flooring Vinyl

Inclusions No warranty or representation, expressed or implied, is made by the Owner or Broker or any related entity as to the accuracy or completeness of the information contained herein, including but not limited to financial information or projections or any information related to the physical buildings or land. Prospective purchasers should make their own investigations, projections, and conclusions. It is expected that prospective purchasers will conduct their own independent due diligence concerning the offering.

Fireplace No

Appliance Water Heater

Laundry Common Area

Exterior

Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)

Utilities Available Sewer Connected

Total Parking Spaces 6

Garage No

Building

Lot Description Cul-De-Sac

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 251HIGHSTCUMB

Virtual Tour https://tour.RiLiving.com/251-High-Street-Cumberland-RI-02864

Listed by New England Apartment Group

Jason Monterecy

Agent

+1(401) 480-9926

Jason Monterecy

251 High ST Cumberland, RI 02864

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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251 High ST