512 Kennebec Street, Rumford, ME 04276

Rumford
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
512 Kennebec Street,Rumford, ME 04276
$400,000
  • - Beds
  • 7 Baths
  • 4,368 sq. ft.
  • Multi-family
  • Pending
Listed by: tyler stewart
Office: elevate maine realty
MLS#:1652664
Source:ME_MREIS

Price summary

  • Price:$400,000
  • Price per sq. ft.:$91.58

About this home

Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements include a roof less than three years old, adding further stability for investors.

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Home facts

  • Year built:1922
  • Listing ID #:1652664
  • Updated:April 10, 2026 at 07:30 AM

Rooms and interior

  • Total bathrooms:7
  • Full bathrooms:7
  • Flooring:Tile, Vinyl, Wood
  • Basement Description:Unfinished
  • Living area:4,368 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1922
  • Building area:4,368 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Level, Near Town
  • Architectural Style:New Englander
  • Construction Materials:Vinyl Siding, Wood Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$91.58
  • Tax amount:$3,686 (2025)

Parking

  • Parking description:1 - 4 Spaces, Common
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