325 Cumberland Street, Rumford, ME 04276

Rumford
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
325 Cumberland Street,Rumford, ME 04276
$300,000
  • - Beds
  • 6 Baths
  • 4,680 sq. ft.
  • Multi-family
  • Active
Listed by: tyler stewart
Office: elevate maine realty
MLS#:1653046
Source:ME_MREIS

Price summary

  • Price:$300,000
  • Price per sq. ft.:$64.1

About this home

Six-unit multifamily on Cumberland Street offering significant upside through filling vacancies. While the property is currently 50% vacant, all units are rent-ready and positioned for immediate occupancy. The property features separate electric and a functional layout that supports straightforward management. Once fully leased, the projected stabilized cap rate is over 18%, presenting a strong return profile for investors focused on cash flow and value creation. With units ready to be placed and clear income upside through stabilization, this asset offers a defined path to improved performance in a proven rental market. Financials available upon request.

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Home facts

  • Year built:1925
  • Listing ID #:1653046
  • Updated:April 30, 2026 at 03:06 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Tile, Vinyl
  • Basement Description:Full, Unfinished
  • Living area:4,680 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1925
  • Building area:4,680 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Intown, Level, Sidewalks
  • Construction Materials:Vinyl Siding, Wood Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$64.1
  • Tax amount:$2,611 (2025)

Parking

  • Parking description:1 - 4 Spaces, Concrete
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