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Listed price in listed location currency (USD).
$360,000

060

MLS® 1646834

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 5070 sqft
Garage No
HOA Fees 
Taxes $2,475
Days Active 3
Approx. Age 1923
Avg. Price Per Sqft $71
MLS® Number 1646834

Property Address: 25 Falmouth Street, Rumford, ME, 04276

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.
MLS® Number1646834
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1923
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 17, 2025List Date
$360,000List Price
  • Commute

Commute

Starting Address
Destination Address
25 Falmouth Street, Rumford, ME

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