419 Cumberland Street, Rumford, ME 04276
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: elevate maine realty
MLS#:1652557
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 11.3% 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 #:1652557
- Updated:March 19, 2026 at 04:01 PM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Vinyl, Wood
- Basement Description:Unfinished
- 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
- Lot Features:Level, Near Town
- Construction Materials:Vinyl Siding, Wood Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$82.76
- Tax amount:$2,087 (2025)
Parking
- Parking description:1 - 4 Spaces, Common
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