154 Essex Avenue, Rumford, ME 04276

Rumford
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
154 Essex Avenue,Rumford, ME 04276
$225,000
  • - Beds
  • 4 Baths
  • 3,564 sq. ft.
  • Multi-family
  • Pending
Listed by: tyler stewart
Office: elevate maine realty
MLS#:1652668
Source:ME_MREIS

Price summary

  • Price:$225,000
  • Price per sq. ft.:$63.13

About this home

Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.

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Home facts

  • Year built:1923
  • Listing ID #:1652668
  • Updated:March 19, 2026 at 07:37 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile, Vinyl, Wood
  • Basement Description:Full, Sump Pump, Walk-Out Access
  • Living area:3,564 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1923
  • Building area:3,564 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Level, Near Town, Sidewalks
  • Construction Materials:Asbestos, Wood Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$63.13
  • Tax amount:$2,585 (2025)

Parking

  • Parking description:5 - 10 Spaces, Paved
  • Garage:Yes
  • Garage spaces:2
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