512 Kennebec Street, Rumford, ME 04276
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
512 Kennebec Street,Rumford, ME 04276
$400,000
- - Beds
- 7 Baths
- 4,368 sq. ft.
- Multi-family
- Active
Listed by:tyler stewart
Office:keller williams realty
MLS#:1638860
Source:ME_MREIS
Price summary
- Price:$400,000
- Price per sq. ft.:$91.58
About this home
Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (5) three-bedroom units and (2) two-bedroom units with a 3 year old roof. Currently operating with just one vacancy and producing a 9.2% cap rate, the property offers immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 15% cap rate potential. Recent improvements include a roof less than three years old, adding further stability for investors.
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Home facts
- Year built:1922
- Listing ID #:1638860
- Updated:September 25, 2025 at 04:45 PM
Rooms and interior
- Total bathrooms:7
- Full bathrooms:7
- Living area:4,368 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1922
- Building area:4,368 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$91.58
- Tax amount:$3,271 (2024)
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 512 Kennebec Street
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