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
- Pending
Office: elevate maine realty
MLS#:1652591
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 #:1652591
- Updated:August 03, 2026 at 08:36 AM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Tile, Vinyl, Wood
- Basement Description:Interior Entry, Unfinished
- Living area:5,070 sq. ft.
Heating and cooling
- Heating:Baseboard, Heating, Hot Water, Oil
Structure and exterior
- Roof:Flat
- Year built:1923
- Building area:5,070 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Intown, Level
- Construction Materials:Vinyl Siding, Wood Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$71.01
- Tax amount:$2,789 (2025)
Parking
- Parking description:1 - 4 Spaces, Concrete
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