Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
419 Cumberland Street,Rumford, ME 04276
$360,000
- - Beds
- 6 Baths
- 4,350 sq. ft.
- Multi-family
- Active
Listed by: tyler stewart
Office: keller williams realty
MLS#:1646819
Source:ME_MREIS
Price summary
- Price:$360,000
- Price per sq. ft.:$82.76
About this home
Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency.
The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations.
Offered at a 12.5% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.
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Home facts
- Year built:1925
- Listing ID #:1646819
- Updated:January 31, 2026 at 05:16 PM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Living area:4,350 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:1925
- Building area:4,350 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$82.76
- Tax amount:$1,851 (2024)
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