421 Cumberland Street, Rumford, ME 04276
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
421 Cumberland Street,Rumford, ME 04276
$360,000
- - Beds
- 6 Baths
- 3,948 sq. ft.
- Multi-family
- Active
Listed by: tyler stewart
Office: elevate maine realty
MLS#:1652559
Source:ME_MREIS
Price summary
- Price:$360,000
- Price per sq. ft.:$91.19
About this home
Income-producing 6-unit multifamily featuring six (6) 2-bedroom apartments with no vacancies. The consistent unit layout supports strong tenant demand and reliable rent performance. This property is currently operating at an 11.3% cap rate, offering solid cash flow and a stabilized income stream from day one. With all units occupied, this asset is well positioned for investors seeking immediate returns without lease-up risk. A strong fit for buyers looking to add a proven, cash-flowing property to their portfolio or expand existing holdings with a low-friction multifamily investment.
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Home facts
- Year built:1925
- Listing ID #:1652559
- Updated:April 30, 2026 at 03:06 PM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Laminate, Vinyl, Wood
- Basement Description:Full, Unfinished, Walk-Out Access
- Living area:3,948 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1925
- Building area:3,948 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Intown, Level, Sidewalks
- Construction Materials:Asbestos, Wood Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$91.19
- Tax amount:$1,916 (2025)
Parking
- Parking description:1 - 4 Spaces, Common, Paved
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