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419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo
419-425 Cumberland Street, Rumford, ME 04276 Photo

22 Total Photos [Click to View All]

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

  • 18
    Baths
  • 12,798
    Square Feet
  • 1652555
    MLS#
$1,080,000
Status: Under Contract
419-425 Cumberland Street Rumford, ME 04276

Property Description

Turnkey 18-unit multifamily portfolio consisting of three stabilized 6-unit buildings located at 419, 421, and 425 Cumberland Street in Rumford. The portfolio features a desirable unit mix of 15 two-bedroom and 3 three-bedroom apartments, appealing to a broad tenant base. Properties are situated within a federally designated Opportunity Zone. With only one vacancy and strong in-place income, the portfolio delivers an attractive 11% cap rate and immediate cash flow. A rare opportunity to acquire scale in a single transaction with stable operations and long-term upside potential.

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Property Features

MLS Number: 1652555
Subdivision:
County: Oxford
Bedrooms: 0
Total Square Feet: 12,798
Style: New Englander
New Constuction: No
Construction: Wood Frame,Vinyl Siding
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Unfinished
Basement: Yes
Heating: Oil, Baseboard
Lot Size: 0.36 Acres
Roof Type: Flat
Taxes: $2,617
Year Built: 1923

Feature Descriptions

Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Tile, Vinyl, Wood
Home Style: New Englander
Lot: Near Town, Level, Sidewalks
Parking: Common,1 - 4 Spaces
Sewer: Public Sewer
SQ FT Above Grade: 12798
SQ FT Below Grade: 0
Water: Public

Location

Listed By / Shown By

Listed By

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

IDX logo

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Estimated Payment

$ 5,824.82 per month $5,291.73 Principal & Interest $218.08 Property Tax $315.00 Homeowner's Insurance

Source: Delta Media Group, Inc.

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