20 Falmouth ST Pending

Rumford,ME 04276

$ 275000

- Bed

4 Baths

2088 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 2,088 sqft

Price per Sqft $131

MLS Listing ID 1627279

Style Other

Full Baths 4

Year Built 1925

Annual Tax Amount $1,451

Tax Year 2024

Lot Size 0.270 Acres

Property Description

This fully renovated 4-unit in the heart of Rumford is a rare find—offering both charm and serious cash flow. Boasting over a 12% cap rate, this property checks all the boxes for both new and seasoned investors. Major upgrades include new siding, porches, and a newer roof/heating system, ensuring low maintenance for years to come.

Each unit is well-maintained, and the building itself is a true standout—one of the most attractive multi-families in the area. Tenants benefit from updated systems and curb appeal, while owners benefit from strong rents and minimal headaches.

Opportunities like this don't last long. Whether you're looking to expand your portfolio or step into your first multifamily with confidence, this property delivers.

Location

State ME

County Oxford

Interior

Heating Steam

Cooling Window Unit(s)

Flooring Vinyl

Exterior

Parking Features 1 - 4 Spaces,Concrete,Common,On Site

View Y/N No

Roof Type Flat

Building

Lot Description Level,Sidewalks,Intown,Near Shopping

Story 3

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

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