425 Cumberland Street, Rumford, ME 04276

Rumford
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
425 Cumberland Street,Rumford, ME 04276
$360,000
  • - Beds
  • 6 Baths
  • 4,500 sq. ft.
  • Multi-family
  • Pending
Office: elevate maine realty
MLS#:1652561
Source:ME_MREIS

Price summary

  • Price:$360,000
  • Price per sq. ft.:$80

About this home

Well-located 6-unit multifamily comprised of a desirable unit mix of three (3) 2-bedroom apartments and three (3) 3-bedroom apartments. The property currently has one rent ready vacancy, providing immediate upside through lease-up and income stabilization. The building is operating at a 10.3% cap rate, with a clear path to increased performance. Through rent optimization and full occupancy, the property shows potential to achieve a 14%+ cap rate, making this an attractive opportunity for investors seeking both cash flow and value appreciation. Additional upside is supported by a newer furnace, helping reduce near-term capital expenditure concerns while improving operational efficiency. An ideal acquisition for investors looking to step into a light value-add opportunity with meaningful income growth potential.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1923
  • Listing ID #:1652561
  • Updated:August 03, 2026 at 08:36 AM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Vinyl, Wood
  • Basement Description:Full, Interior Entry, Unfinished
  • Living area:4,500 sq. ft.

Heating and cooling

  • Heating:Baseboard, Heating, Hot Water, Oil

Structure and exterior

  • Roof:Flat
  • Year built:1923
  • Building area:4,500 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Intown, Level
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Poured Concrete, Stone
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$360,000
  • Price per sq. ft.:$80
  • Tax amount:$2,617 (2025)

Parking

  • Parking description:1 - 4 Spaces, Off street, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

New listings near 425 Cumberland Street