25 Falmouth Street, Rumford, ME 04276

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
25 Falmouth Street,Rumford, ME 04276
$360,000
  • - Beds
  • 6 Baths
  • 5,070 sq. ft.
  • Multi-family
  • Active
Listed by: tyler stewart
Office: keller williams realty
MLS#:1646834
Source:ME_MREIS

Price summary

  • Price:$360,000
  • Price per sq. ft.:$71.01

About this home

Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.

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Home facts

  • Year built:1923
  • Listing ID #:1646834
  • Updated:December 17, 2025 at 09:10 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:5,070 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water

Structure and exterior

  • Year built:1923
  • Building area:5,070 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$360,000
  • Price per sq. ft.:$71.01
  • Tax amount:$2,475 (2024)
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