413-425 Cumberland Street, Rumford, ME 04276
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
413-425 Cumberland Street,Rumford, ME 04276
$1,225,000
- - Beds
- 22 Baths
- 16,281 sq. ft.
- Multi-family
- Active
Listed by:tyler stewart
Office:keller williams realty
MLS#:1638845
Source:ME_MREIS
Price summary
- Price:$1,225,000
- Price per sq. ft.:$75.24
About this home
Turnkey investment portfolio offering 22 units across 4 buildings in Rumford, located at 413, 419, 421, and 425 Cumberland Street. The package consists of three 6-unit buildings and one 4-unit building, with a strong unit mix of (2) four-bedrooms, (3) three-bedrooms, (15) two-bedrooms, and (2) one-bedrooms that appeals to a wide tenant base. All properties are situated within a federally designated Opportunity Zone, providing potential tax advantages for investors. With only 1 current vacancy and an impressive 12.6% cap rate, this portfolio offers immediate turnkey cash flow with long-term upside potential.
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Home facts
- Year built:1900
- Listing ID #:1638845
- Updated:September 25, 2025 at 08:14 PM
Rooms and interior
- Total bathrooms:22
- Full bathrooms:22
- Living area:16,281 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1900
- Building area:16,281 sq. ft.
- Lot area:0.47 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,225,000
- Price per sq. ft.:$75.24
- Tax amount:$7,696 (2025)
MREIS Multiple Listing Service™ system
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights ReservedNew listings near 413-425 Cumberland Street
- New
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