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

050

MLS® 1647514

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 3348 sqft
Garage No
HOA Fees 
Taxes $1,891
Days Active 6
Approx. Age 1923
Avg. Price Per Sqft $89
MLS® Number 1647514

Property Address: 48 Essex Avenue, Rumford, ME, 04276

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

Description

Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 11.6% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.
MLS® Number1647514
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

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

Commute

Starting Address
Destination Address
48 Essex Avenue, Rumford, ME

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