512 Kennebec Street | Image 1
New
512 Kennebec Street | Image 2
512 Kennebec Street | Image 3

$400,000

For Sale

2 days ago

MLS® 1652664

0 Bed

7 Bath

4368 sqft

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4368 sqft
Garage No
HOA Fees 
Taxes $3,686
Days Active 2
Approx. Age 1922
Avg. Price Per Sqft $91
MLS® Number 1652664

Property Address: 512 Kennebec Street, Rumford, ME, 04276

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

Description

Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements include a roof less than three years old, adding further stability for investors.
MLS® Number1652664
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1922
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

Feb 25, 2026List Date
$400,000List Price
  • Commute

Commute

Starting Address
Destination Address
512 Kennebec Street, Rumford, ME

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties