Listing Provided by:
Elevate Maine Realty
Phone: 207-331-4565
Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 10.5% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.
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
$ 1,735.01 per month $1,469.93 Principal & Interest $177.58 Property Tax $87.50 Homeowner's InsuranceSource: Delta Media Group, Inc.
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48 Essex Avenue, Rumford, ME 04276.
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