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Listed by Keller Williams Realty
$ 360,000
Active
419 Cumberland ST Rumford, ME 04276
6 Baths
4,350 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 4,350 sqft
MLS Listing ID 1646819
Style Other
Full Baths 6
HOA Y/N No
Abv Grd Liv Area 4,350
Year Built 1925
Annual Tax Amount $1,851
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Source Maine Listings
Land Area 4350
Property Description
Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency.
The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations.
Offered at a 12.5% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.
The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations.
Offered at a 12.5% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.
Location
State ME
County Oxford
Zoning Res
Rooms
Basement Interior, Unfinished
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl
Exterior
Parking Features 1 - 4 Spaces, Common
View Y/N No
Roof Type Flat
Garage No
Building
Lot Description Level, Near Town
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Oil
