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154 Essex Avenue, Rumford, ME 04276 Photo
154 Essex Avenue, Rumford, ME 04276 Photo
154 Essex Avenue, Rumford, ME 04276 Photo
154 Essex Avenue, Rumford, ME 04276 Photo

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  • Listing Provided by:
    Elevate Maine Realty
    Phone: 207-331-4565 IDX logo

  • 4
    Baths
  • 3,564
    Square Feet
  • 1652668
    MLS#
$225,000
Status: Under Contract
154 Essex Avenue Rumford, ME 04276

Property Description

Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.

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Property Features

MLS Number: 1652668
Subdivision:
County: Oxford
Bedrooms: 0
Total Square Feet: 3,564
Style: Dutch Colonial
New Constuction: No
Construction: Wood Frame,Asbestos
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Walk-Out Access, Full, Sump Pump
Basement: Yes
Garage: 2
Heating: Oil, Baseboard
Lot Size: 0.12 Acres
Roof Type: Shingle
Taxes: $2,585
Year Built: 1923

Feature Descriptions

Electric: Circuit Breakers
Exterior: Wood Frame, Asbestos
Flooring: Tile, Vinyl, Wood
Home Style: Dutch Colonial
Lot: Near Town, Level, Sidewalks
Parking: Paved,5 - 10 Spaces
Sewer: Public Sewer
SQ FT Above Grade: 3564
SQ FT Below Grade: 0
Water: Public

Location

Listed By / Shown By

Listed By

Broker Name: Elevate Maine Realty
Broker Phone: 207-331-4565

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Estimated Payment

$ 1,383.49 per month $1,102.44 Principal & Interest $215.42 Property Tax $65.63 Homeowner's Insurance

Source: Delta Media Group, Inc.

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