48 Essex Avenue, Rumford, ME 04276
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
48 Essex Avenue,Rumford, ME 04276
$300,000
- - Beds
- 5 Baths
- 3,348 sq. ft.
- Multi-family
- Active
Listed by: tyler stewart
Office: keller williams realty
MLS#:1647514
Source:ME_MREIS
Price summary
- Price:$300,000
- Price per sq. ft.:$89.61
About this home
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 11.6% 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.
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Home facts
- Year built:1923
- Listing ID #:1647514
- Updated:January 02, 2026 at 06:47 PM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,348 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Year built:1923
- Building area:3,348 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$300,000
- Price per sq. ft.:$89.61
- Tax amount:$1,891 (2024)
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