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226 Marshall Ave, Cumberland, RI, 02864

$465,000

Home List Price

$5,522*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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226 Marshall Ave, Cumberland$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1930
HeatingNatural Gas, Other
CoolingNone
BasementYes
MLS #1374702
StatusActive

About 226 Marshall Ave

Attention Investors! Unique opportunity for multi-family unit in desirable Cumberland. Connected to town water and sewer. Both units are occupied with long term tenants. Current rents are severely undervalued and cannot be used for potential income amount. Being sold AS-IS. Buyer to do own due diligence. No property disclosures are available.

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: RI Real Estate Services
  • Office Phone: (401) 885-5400

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: Yes
  • Flooring Type: Other
  • Interior: Stall Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Parking: No Garage

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000

Tax Information:

  • Annual Amount: $3,081
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cumberland, RI.

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Cumberland, RI

City

Med. Sold Price

$500K

Med. Price/SqFt

$265

Avg. Days On Market

36

# of Sold Homes

29

226 Marshall Ave vs Cumberland

1 DAY ON ROCKET

-35 Days

$465,000

-$35K Less

KEY TAKEAWAY

This property is $35K less than the Median Sold Price in Cumberland, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1374702

Listing Office:

  • Office Name: RI Real Estate Services
  • Office Phone: (401) 885-5400

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,081$209,000
2020$2,993$209,000
2018$2,455$159,200
2017$2,421$159,200

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4304786
7
/10

  • Garvin Memorial

  • 1364 Diamond Hill Rd

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-4304787
6
/10

  • B.F. Norton Elementary School

  • 364 Broad St

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-4304788
4
/10

  • Blackstone Valley Preparatory

  • 291 Broad St

  • 1.35 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,689. The most common annual income of people living in Cumberland, RI is between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Cumberland, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cumberland, RI?

Cumberland's housing market showcases a blend of residential options, with single-family homes being a significant component. The architectural styles in the area range from classic colonial to more contemporary designs, reflecting the town's historical roots and modern growth. While the majority of homes are owner-occupied, there is also a selection of rental properties available for those looking to reside in this serene community.

Is Cumberland, RI a good place to live?

Cumberland is celebrated for its small-town charm and community-oriented atmosphere. The town prides itself on its scenic beauty, with ample green spaces and a tranquil environment that appeals to families and individuals seeking a peaceful lifestyle. Local events and festivals throughout the year foster a strong sense of community and provide residents with opportunities to connect and celebrate their town's heritage.

Are things conveniently located in Cumberland, RI?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare needs are met by nearby facilities that offer a range of services from primary care to specialized treatments. Cumberland also features a public library system that supports lifelong learning and community engagement. Retail and dining options in the area reflect the local culture, with a mix of independent shops and eateries that cater to a variety of tastes.

What does the transportation in Cumberland, RI look like?

Transportation in Cumberland includes a network of roads and highways that connect residents to neighboring towns and cities, facilitating easy commutes. Public transit options are available, providing residents with alternatives to private vehicle travel. The town also places an emphasis on walkability in certain areas, making it convenient for residents to access local amenities on foot. Ride-sharing services are operational in the area, offering additional transportation choices for the community.

Rocket Homes›Rhode Island›Providence County›Cumberland›02864›226 Marshall Ave

This home is located at 226 Marshall Ave in Cumberland, RI and zip code 02864. This home was built in 1930. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $465,000.

In November 2024, from all listings sold in Cumberland, RI there were more than 17 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. In November 2024 in Cumberland, RI there were 14.4% less homes for sale than in October 2024. Listings spent 36 days on the market in November 2024, and had a median list price of $500,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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