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Listed price in listed location currency (USD).
$300,000

060

MLS® 1653046

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4680 sqft
Garage 
Taxes $2,611
Days Active 59
Lot Size 
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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementInterior, Full, Unfinished
Driveway1 - 4 Spaces, Concrete
Garage Spaces
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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