323 Cumberland ST new Save Request In-Person Tour Request Virtual Tour
Rumford,ME 04276
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 6,300 sqft
Price per Sqft $66
MLS Listing ID 1627439
Style Other
Full Baths 8
Year Built 1920
Annual Tax Amount $2,623
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents.
The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units.
Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
Location
State ME
County Oxford
Zoning Unk
Interior
Heating Hot Water,Baseboard
Cooling Window Unit(s)
Flooring Vinyl,Tile
Exterior
Parking Features 1 - 4 Spaces,Common
Garage Spaces 1.0
View Y/N No
Roof Type Flat
Building
Lot Description Level,Sidewalks,Intown
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame