251 High St Cumberland, RI 02864
Valley Falls NeighborhoodEstimated payment $4,919/month
Highlights
- Marina
- Community Pool
- Cul-De-Sac
- Golf Course Community
- Tennis Courts
- Ductless Heating Or Cooling System
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,082
Year Built
- Built in 1900
Lot Details
- 5,663 Sq Ft Lot
- Cul-De-Sac
Home Design
- Vinyl Siding
Interior Spaces
- 4,375 Sq Ft Home
- 3-Story Property
- Vinyl Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Location
- Property near a hospital
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Separate Meters
- Water Heater
Listing and Financial Details
- Tax Lot 102
- Assessor Parcel Number 251HIGHSTCUMB
Community Details
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Community Pool
Additional Features
- 4 Units
- Operating Expense $9,083
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,082 | $414,200 | $89,500 | $324,700 |
| 2024 | $4,950 | $414,200 | $89,500 | $324,700 |
| 2023 | $4,813 | $414,200 | $89,500 | $324,700 |
| 2022 | $3,959 | $264,100 | $65,700 | $198,400 |
| 2021 | $3,893 | $264,100 | $65,700 | $198,400 |
| 2020 | $3,782 | $264,100 | $65,700 | $198,400 |
| 2019 | $3,559 | $224,100 | $56,700 | $167,400 |
| 2018 | $890 | $224,100 | $56,700 | $167,400 |
| 2017 | $3,409 | $224,100 | $56,700 | $167,400 |
| 2016 | $3,170 | $185,600 | $58,700 | $126,900 |
| 2015 | $3,170 | $185,600 | $58,700 | $126,900 |
| 2014 | $3,170 | $185,600 | $58,700 | $126,900 |
| 2013 | $3,248 | $205,800 | $61,100 | $144,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2026 07/30/26 | For Sale | $825,000 | +166.1% | $189 / Sq Ft | |
| 11/18/2020 11/18/20 | Sold | $310,000 | -8.8% | $71 / Sq Ft | View Prior Sale |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- | |
| 06/27/2020 06/27/20 | For Sale | $339,900 | -- | $78 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $310,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $425,000 | New Conventional |
Source: State-Wide MLS
MLS Number: 1419315
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Ask me questions while you tour the home.