Rumford, ME 04276,419 Cumberland ST
Rumford, ME 04276,419 Cumberland ST
Rumford, ME 04276,419 Cumberland ST
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Listed by Keller Williams Realty
$360,000
6 Baths
4,350 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 4,350 sqft

MLS Listing ID 1646819

Style Other

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 4,350

Year Built 1925

Annual Tax Amount $1,851

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Source Maine Listings

Land Area 4350

Property Description

Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency.

The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations.

Offered at a 12.5% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.

Location

State ME

County Oxford

Zoning Res

Rooms

Basement Interior, Unfinished

Interior

Heating Hot Water, Baseboard

Cooling None

Flooring Wood, Vinyl

Exterior

Parking Features 1 - 4 Spaces, Common

View Y/N No

Roof Type Flat

Garage No

Building

Lot Description Level, Near Town

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Oil


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Maine MLS (MREIS) IDX
Monet Yarnell

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