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$300,000

For Sale

6 days ago

MLS® 1653046

0 Bed

6 Bath

4680 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4680 sqft
Garage No
HOA Fees 
Taxes $2,611
Days Active 5
Approx. Age 1925
Avg. Price Per Sqft $64
MLS® Number 1653046

Property Address: 325 Cumberland Street, Rumford, ME, 04276

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

Description

Six-unit multifamily on Cumberland Street offering significant upside through filling vacancies. While the property is currently 50% vacant, all units are rent-ready and positioned for immediate occupancy. The property features separate electric and a functional layout that supports straightforward management. Once fully leased, the projected stabilized cap rate is over 18%, presenting a strong return profile for investors focused on cash flow and value creation. With units ready to be placed and clear income upside through stabilization, this asset offers a defined path to improved performance in a proven rental market. Financials available upon request.
MLS® Number1653046
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
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

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$300,000List Price
  • Commute

Commute

Starting Address
Destination Address
325 Cumberland Street, Rumford, ME

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