419-425 Cumberland Street, Rumford, ME 04276

Rumford
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
419-425 Cumberland Street,Rumford, ME 04276
$1,080,000
  • - Beds
  • 18 Baths
  • 12,798 sq. ft.
  • Multi-family
  • Pending
Listed by: tyler stewart
Office: elevate maine realty
MLS#:1652555
Source:ME_MREIS

Price summary

  • Price:$1,080,000
  • Price per sq. ft.:$84.39

About this home

Turnkey 18-unit multifamily portfolio consisting of three stabilized 6-unit buildings located at 419, 421, and 425 Cumberland Street in Rumford. The portfolio features a desirable unit mix of 15 two-bedroom and 3 three-bedroom apartments, appealing to a broad tenant base. Properties are situated within a federally designated Opportunity Zone. With only one vacancy and strong in-place income, the portfolio delivers an attractive 11% cap rate and immediate cash flow. A rare opportunity to acquire scale in a single transaction with stable operations and long-term upside potential.

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Home facts

  • Year built:1923
  • Listing ID #:1652555
  • Updated:April 10, 2026 at 07:30 AM

Rooms and interior

  • Total bathrooms:18
  • Full bathrooms:18
  • Flooring:Tile, Vinyl, Wood
  • Basement Description:Unfinished
  • Living area:12,798 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1923
  • Building area:12,798 sq. ft.
  • Lot area:0.36 Acres
  • Lot Features:Level, Near Town, Sidewalks
  • Architectural Style:New Englander
  • Construction Materials:Vinyl Siding, Wood Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,080,000
  • Price per sq. ft.:$84.39
  • Tax amount:$2,617 (2025)

Parking

  • Parking description:1 - 4 Spaces, Common
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