25 Falmouth Street, Rumford, ME 04276

Rumford
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: 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:April 30, 2026 at 03:06 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Tile, Vinyl, Wood
  • Basement Description:Unfinished
  • 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
  • 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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