245 Pine Street, Rumford, ME 04276

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
245 Pine Street,Rumford, ME 04276
$235,000
  • - Beds
  • 4 Baths
  • 3,350 sq. ft.
  • Multi-family
  • Active
Office: coldwell banker sandy river realty
MLS#:1670829
Source:ME_MREIS

Price summary

  • Price:$235,000
  • Price per sq. ft.:$70.15

About this home

Investment opportunity with this 4-unit apartment building featuring three currently leased units and one vacant unit, providing immediate income potential with room to increase cash flow. A new propane boiler was installed in 2024. The property is in need of some updates and improvements and is being sold as is. Also available is an adjacent 0.11-acre buildable lot with access to public water, public sewer, and utilities, offering potential for additional development or parking. The seller also has four additional rental properties available and would be willing to package them together for an expanded investment opportunity.

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Home facts

  • Year built:1905
  • Listing ID #:1670829
  • Updated:July 12, 2026 at 11:05 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Laminate, Tile, Vinyl, Wood
  • Basement Description:Exterior Entry, Finished, Walk-Out Access
  • Living area:3,350 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas Bottled, Heating, Hot Water, Propane

Structure and exterior

  • Roof:Metal
  • Year built:1905
  • Building area:3,350 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Intown, Landscaped, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Open Lot, Rolling Slope, Sidewalks
  • Construction Materials:Aluminum Siding, Wood Frame
  • Foundation Description:Stone
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$235,000
  • Price per sq. ft.:$70.15
  • Tax amount:$2,034 (2025)

Features and amenities

  • Laundry features:Main Level, Upper Level

Parking

  • Parking description:5 - 10 Spaces, Common, Off Site, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello