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Listed price in listed location currency (USD).
$1,000,000

0180

MLS® 1652654

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 11448 sqft
Garage No
HOA Fees 
Taxes $6,611
Days Active 2
Approx. Age 1920
Avg. Price Per Sqft $87
MLS® Number 1652654

Property Address: 93-99 & 98 Maine Avenue, Rumford, ME, 04276

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

Description

Rare investment package offering 18 total units across two properties located directly across the street from one another in Rumford. The portfolio includes a 12-unit at 93-99 Maine Avenue and a 6-unit at 98 Maine Avenue, with a desirable mix of six one-bedrooms, six two-bedrooms, and six three-bedrooms. The 93-99 Maine Avenue property features two new boilers. With just one vacancy, the properties are currently producing a 9.3% cap rate, with projected upside exceeding 13% through rent increases and value-add improvements. A turnkey opportunity with immediate cash flow and exceptional long-term growth potential.
MLS® Number1652654
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
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
$1,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
93-99 & 98 Maine Avenue, Rumford, ME

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