Listing Provided by:
Elevate Maine Realty
Phone: 207-331-4565
Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.
Listed By
Broker Name: Elevate Maine Realty
Broker Phone: 207-331-4565
Shown By
Broker Title: Badger Peabody & Smith Realty
Broker Phone: (603) 823-5700 (Corporate Office)
Estimated Payment
$ 2,101.33 per month $1,763.91 Principal & Interest $232.42 Property Tax $105.00 Homeowner's InsuranceSource: Delta Media Group, Inc.
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25 Falmouth Street, Rumford, ME 04276.
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