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Listed by Tyler Stewart Elevate Maine Realty
$ 360,000
Est. payment /mo
Pending
419 Cumberland ST Rumford, ME 04276
6 Baths
4,350 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,350 sqft
Price per Sqft $82
MLS Listing ID 1652557
Full Baths 6
HOA Y/N No
Year Built 1925
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Source Maine Listings
Land Area 4350
Property Description
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.
Location
State ME
County Oxford
Zoning Res
Rooms
Basement Interior Entry, Unfinished
Interior
Heating Oil, Baseboard, Hot Water
Cooling None
Flooring Vinyl, Wood
Exterior
Parking Features Common, 1 - 4 Spaces
Roof Type Flat
Garage No
Building
Lot Description Near Town, Level
Entry Level Multi-Level
Water Public
Architectural Style Other
Others
Tax ID RUMF-000113-000000-000262
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