419 Cumberland Street

Rumford, ME 04276
Baths
6
Square Ft.
4,350
$360,000
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 11.3% 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.
Market LogoCourtesy of Elevate Maine Realty 207-879-9800
Listing Snapshot
Days Online
6
Last Updated
Full Baths
6
Square Ft.
4,350
Lot Size
0.09 Acres
Year Built
1925
MLS Number
1652557
Additional Details
Basement
Basement: "Interior", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 4,350, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 6, Year Built: 1925
Cooling
Cooling: "None"
Expenses
Operating Expense: $33,195
Floors
Flooring: "Wood", "Vinyl"
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $74,100
Lot
Features: "Level", "Near Town", 0.09 acres, Area: 0.09, 3,920 square feet
Parking
Features: "1 - 4 Spaces", "Common"
Property
Parcel Number: RUMF-000113-000000-000262, Zoning: Res
Roof
Roof: "Flat"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $2,087, Tax Lot: 261
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04276
$161k
+44%
(avg) sold price
5
+150%
homes sold
106
+60%
(avg) days on market
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Fred Andrews
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.