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Pending
  • $825,000

    251 High St, Cumberland, RI 02864

    8beds
    3,050sqft
    : 
    $4,621/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $830,600 Zestimate®
    $270/sqft
    $-- HOA

    What's special

    Stone retaining wallStriped off-street parkingUpdated bathroomsVinyl sidingGranite countertopsEfficient direct-vent gas heatOutdoor space
    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.
    28 days
    |
    529
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John Slyman 508-330-0325,

    New England Apartment Group

    Source: StateWide MLS RI,MLS#: 1419315MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Natural Gas, Gas on Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Common Area, In Building
      Features
      • Flooring: Vinyl
      • Basement: Full,Interior Entry,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,375
      • Total interior livable area: 3,050 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: No Garage
      Features
      • Stories: 3
      Lot
      • Size: 5,662 Square Feet
      • Features: Cul-De-Sac
      Details
      • Parcel number: CUMBM004B0102L000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Electric: 60 Amps, Individual Meter
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
      HOA
      • Has HOA: No
      Location
      • Region: Cumberland

      Financial & listing details

      • Price per square foot: $270/sqft
      • Tax assessed value: $414,200
      • Annual tax amount: $5,082
      • Date on market: 7/30/2026
      • 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.
      • Total actual rent: 7020
      • Tenant pays: Hot Water, Heat

        Estimated market value

        $830,600

        $789,000 - $872,000

        $2,021/mo

        Price history

        DateEventPrice
        8/5/2026Pending sale$825,000$270/sqft
        Source: StateWide MLS RI #1419315 Report a problem
        7/30/2026Listed for sale$825,000+166.1%$270/sqft
        Source: StateWide MLS RI #1419315 Report a problem
        11/18/2020Sold$310,000-8.8%$102/sqft
        Source: StateWide MLS RI #1257440 Report a problem
        11/2/2020Listed for sale$339,900$111/sqft
        Source: Century 21 North East Group #1257440 Report a problem
        8/13/2020Listing removed$339,900$111/sqft
        Source: Century 21 North East Group #1257440 Report a problem
        6/27/2020Listed for sale$339,900$111/sqft
        Source: Century 21 North East Group #1257440 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,082 +2.7%$414,200
        2024$4,950 +2.8%$414,200
        2023$4,813 +21.6%$414,200 +56.8%
        2022$3,959 +1.7%$264,100
        2021$3,893 +2.9%$264,100
        2020$3,782 +6.3%$264,100 +17.8%
        2019$3,559 +3%$224,100
        2018$3,456 +1.4%$224,100
        2017$3,409 +7.5%$224,100 +20.7%
        2016$3,170 $185,600
        2015$3,170 $185,600
        2014$3,170 -2.4%$185,600 -9.8%
        2013$3,248 +1.1%$205,800
        2012$3,213 +1.8%$205,800
        2011$3,157 -7.6%$205,800 -20.8%
        2010$3,416 +2.6%$259,800
        2009$3,328 +3.5%$259,800
        2008$3,216 +4.3%$259,800 -2.9%
        2007$3,084 +4.2%$267,500
        2006$2,961 $267,500
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Valley Falls

        Getting around

        76 / 100
        Very Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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