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Listed by Tyler Stewart Elevate Maine Realty
$ 360,000
Est. payment /mo
Pending
421 Cumberland ST Rumford, ME 04276
6 Baths
3,948 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,948 sqft
Price per Sqft $91
MLS Listing ID 1652559
Full Baths 6
HOA Y/N No
Year Built 1925
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Source Maine Listings
Land Area 3948
Property Description
Income-producing 6-unit multifamily featuring six (6) 2-bedroom apartments with no vacancies. The consistent unit layout supports strong tenant demand and reliable rent performance. This property is currently operating at an 11.3% cap rate, offering solid cash flow and a stabilized income stream from day one. With all units occupied, this asset is well positioned for investors seeking immediate returns without lease-up risk. A strong fit for buyers looking to add a proven, cash-flowing property to their portfolio or expand existing holdings with a low-friction multifamily investment.
Location
State ME
County Oxford
Zoning Res
Rooms
Basement Interior Entry, Walk-Out Access, Full, Unfinished
Interior
Heating Oil, Baseboard
Cooling None
Flooring Laminate, Other, Vinyl, Wood
Exterior
Parking Features Common, Paved, 1 - 4 Spaces
Utilities Available Utilities On
Roof Type Flat
Garage No
Building
Lot Description Intown, Level, Sidewalks
Story 3
Entry Level Multi-Level
Water Public
Architectural Style Other
Others
Tax ID RUMF-000113-000000-000263
