323 Cumberland Street, Rumford, ME 04276
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
323 Cumberland Street,Rumford, ME 04276
$420,000
- - Beds
- 8 Baths
- 6,300 sq. ft.
- Multi-family
- Active
Listed by:tyler stewart
Office:keller williams realty
MLS#:1627439
Source:ME_MREIS
Price summary
- Price:$420,000
- Price per sq. ft.:$66.67
About this home
This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents.
The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units.
Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:1627439
- Updated:June 27, 2025 at 04:08 PM
Rooms and interior
- Total bathrooms:8
- Full bathrooms:8
- Living area:6,300 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:1920
- Building area:6,300 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$420,000
- Price per sq. ft.:$66.67
- Tax amount:$2,623 (2024)
MREIS Multiple Listing Service™ system
Listing 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. © 2023 Maine Real Estate Information System, Inc. All Rights ReservedNew listings near 323 Cumberland Street
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