Rumford, ME 04276,624 (622) Prospect AVE
Rumford, ME 04276,624 (622) Prospect AVE
Rumford, ME 04276,624 (622) Prospect AVE
Listed by EXP Realty
Bought with Dan Anderson Real Estate, Inc.
$110,000
$129,500
15.1%
Est.Price: ?

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2 Baths
2,660 SqFt
SOLD DATE : 04/30/2025

Key Details

Sold Price $110,000

Property Type Multi-Family

Listing Status Sold

Square Footage 2,660 sqft

MLS Listing ID 1612374

Style Other

Full Baths 2

Year Built 1900

Annual Tax Amount $2,719

Tax Year 2023

Lot Size 0.260 Acres

Property Description

-New roof 2022
-New boiler 2022
-New chimney liner 2022
-New oil tank 2022
Unlock the potential of this spacious multi-unit property located in the heart of Rumford. This 7-bedroom, 2-bathroom, 2660sq ft building is ready for the right investor to bring it back to life. Additional parking area owned off Luxton Ave.
Property Highlights:
Unit 1: Features 3 bedrooms, offering excellent rental income potential.
Unit 2: Includes 4 bedrooms, perfect for a family or roommates.
One bathroom is handicap accessible, increasing the building's appeal to a wider tenant base.
Prime opportunity for a value-add rehab project to maximize ROI.
Why Invest Here? This property is ideal for seasoned investors or those ready to jump into the lucrative world of real estate. With some TLC and updates, this building can become a high-yield rental property in a growing rental market. Rumford offers a blend of charm, community, and outdoor recreation, attracting tenants and buyers alike.
💰 Don't miss out! Contact us today for more details or to schedule a showing. Let's turn this diamond in the rough into a gem that generates lasting returns!

Location

State ME

County Oxford

Zoning Res

Interior

Heating Baseboard

Cooling None

Flooring Wood, Carpet

Exterior

Parking Features 5 - 10 Spaces, Paved, Off Site, On Site

Utilities Available 1

View Y/N Yes

View Mountain(s)

Roof Type Shingle

Building

Lot Description Rolling/Sloping, Neighborhood

Story 2

Foundation Block, Stone

Sewer Public Sewer

Water Public

Structure Type Clapboard,Asbestos,Other

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Maine MLS (MREIS) IDX
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