Discover an exceptional investment opportunity in Cumberland—a rare gem boasting a renovated 3-family residence, 50 yr warranty roof, New skylights, vinyl windows, on demand separate heating systems, beautiful updates in all 3 units in Kitchen and baths. Perfectly poised for diverse utilization, whether as an owner-occupied haven to alleviate mortgage burdens or as a lucrative investment property. Each of the three units has undergone meticulous renovation, featuring modern kitchens equipped with stainless steel appliances and brand-new baths, ensuring contemporary comfort and style. Updated electrical systems and three efficient gas units ensure hassle-free living. Ample parking facilities and convenient highway access add to the property's allure, promising both convenience and accessibility. Additionally, a new 50 yr roof, skylights, and gutters ensures long-term durability and peace of mind for discerning investors. Seize the chance to own this remarkable property, where modern living meets investment potential in the heart of Cumberland.
Sold for $625,000 on 06/03/24
$625,000
1531 Mendon Rd, Cumberland, RI 02864
6beds
2,700sqft
Multi Family
Built in 1890
-- sqft lot
$672,300 Zestimate®
$231/sqft
$2,484 Estimated rent
Home value
$672,300
$605,000 - $746,000
$2,484/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2024 at 09:24am
Listed by:
Anastasia Kaufman 401-921-5011,
HomeSmart Professionals
Bought with:
Herson Martinez, RES.0045513
RISE REC
Source: StateWide MLS RI,MLS#: 1355117
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Forced Water
Cooling
- None
Appliances
- Included: Oven/Range, Refrigerator
- Laundry: In Building
Features
- Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Hardwood, Vinyl
- Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Total spaces: 5
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 7,479 sqft
- Features: Corner Lot, Paved
Details
- Parcel number: CUMBM039B0100L000
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Aluminum Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Cumberland
- Subdivision: Ashton
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2024 | Sold | $625,000+4.2%$231/sqft |
Source:  StateWide MLS RI #1355117 | ||
| 4/16/2024 | Pending sale | $599,900$222/sqft |
Source:  HomeSmart #73216705 | ||
| 4/2/2024 | Contingent | $599,900$222/sqft |
Source: StateWide MLS RI #1355117 | ||
| 3/27/2024 | Listed for sale | $599,900+12.1%$222/sqft |
Source: StateWide MLS RI #1355117 | ||
| 5/26/2022 | Sold | $535,000-2.7%$198/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,164 +2.7% | $420,900 |
| 2024 | $5,030 +2.8% | $420,900 |
| 2023 | $4,891 +25.1% | $420,900 +61.4% |
Find assessor info on the county website
Neighborhood: Ashton
Nearby schools
GreatSchools rating
- 7/10Ashton SchoolGrades: K-5Distance: 0.6 mi
- 5/10Joseph L. McCourt Middle SchoolGrades: 6-8Distance: 2.5 mi
- 9/10Cumberland High SchoolGrades: 9-12Distance: 1.9 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$672,300
2% more+ $13,446
With Zillow Showcase(estimated)
$685,746