ME > Rumford
Rumford, ME 04276,22 Prospect Ave and Spruce St
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Rumford, ME 04276,22 Prospect Ave and Spruce St
Rumford, ME 04276,22 Prospect Ave and Spruce St
Rumford, ME 04276,22 Prospect Ave and Spruce St
Rumford, ME 04276,22 Prospect Ave and Spruce St
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Cassie Mason

Cassie Mason

+1(207) 418-1560
Listed by Pouliot Real Estate • 207-248-6044
$ 439,900
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Active

22 Prospect Ave and Spruce St Rumford, ME 04276

6 Baths

4,812 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 4,812 sqft

MLS Listing ID 1634004

Style Other

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 4,812

Year Built 1910

Annual Tax Amount $2,298

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Source Maine Listings

Land Area 4812

Property Description

Strong-performing 6-unit in the heart of Rumford with rare tenant-paid heat. An excellent value-add opportunity in a steady Oxford County rental market, this well-positioned 6-unit includes three spacious 2-bedroom apartments and three 1-bedroom units. Several units have been refreshed with new flooring and fresh paint, while the building's most notable upgrade replaced the former oil-fired heating system with individual propane monitor heaters—a rare and highly desirable setup in Maine that allows tenants to pay for their own heat. Additional income potential comes from the coin-operated laundry in the basement and a separately deeded adjacent lot currently used for off-street parking. With town water and sewer available, the lot may also offer future development opportunities (buyer to confirm). Situated just minutes from downtown Rumford's shops, restaurants, and community amenities, the property is within reach of outdoor recreation at Black Mountain Ski Resort, the Androscoggin River, and nearby hiking trails—appealing to year-round tenants. With its strong rental history, energy-efficient heating setup, and location in a in-demand area, this property is an ideal choice for investors looking to expand their portfolio without the costs of a full renovation.

Location

State ME

County Oxford

Zoning Residential

Rooms

Basement Interior, Full, Doghouse, Unfinished

Interior

Heating Other Heat System

Cooling None

Flooring Carpet

Exterior

Parking Features 5 - 10 Spaces, Paved, On Site

View Y/N No

Roof Type Flat,Rolled/Hot Mop

Street Surface Paved

Garage No

Garage No

Building

Lot Description Open, Level, Interior Lot, Intown

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Propane

Maine MLS (MREIS) IDX
agent

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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22 Prospect Ave and Spruce St

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