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Listed by Keller Williams Realty
$ 240,000
Active
413 Cumberland ST Rumford, ME 04276
4 Baths
3,483 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 3,483 sqft
MLS Listing ID 1646818
Style Other
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,483
Year Built 1920
Annual Tax Amount $1,823
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Source Maine Listings
Land Area 3483
Property Description
Fully occupied four-unit multifamily property with a diverse unit layout consisting of two four-bedroom units and two one-bedroom units. The property is currently operating at an approximate 14.6% cap rate, offering strong in-place performance.
All units are rented, providing immediate income from day one. The mix of larger and smaller apartments supports broad rental demand and operational flexibility. This asset is well suited for an investor seeking a high-yield multifamily property with established cash flow.
A strong income-producing opportunity with stabilized occupancy and compelling returns.
All units are rented, providing immediate income from day one. The mix of larger and smaller apartments supports broad rental demand and operational flexibility. This asset is well suited for an investor seeking a high-yield multifamily property with established cash flow.
A strong income-producing opportunity with stabilized occupancy and compelling returns.
Location
State ME
County Oxford
Zoning Res
Rooms
Basement Interior, Full, Unfinished
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Vinyl, Tile
Exterior
Parking Features 1 - 4 Spaces, Common
View Y/N No
Roof Type Flat
Garage No
Garage No
Building
Lot Description Level, Near Town
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Oil
