Listing Provided by:
Elevate Maine Realty
Phone: 207-331-4565
Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements include a roof less than three years old, adding further stability for investors.
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
$ 2,383.73 per month $1,959.90 Principal & Interest $307.17 Property Tax $116.67 Homeowner's InsuranceSource: Delta Media Group, Inc.
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512 Kennebec Street, Rumford, ME 04276.
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