25 Falmouth Street

Rumford, ME 04276
Baths
6
Square Ft.
5,070
$360,000
Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.
Market LogoCourtesy of Elevate Maine Realty 207-879-9800
Listing Snapshot
Days Online
5
Last Updated
Full Baths
6
Square Ft.
5,070
Lot Size
0.16 Acres
Year Built
1923
MLS Number
1652591
Additional Details
Basement
Basement: "Interior", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 5,070, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 6, Year Built: 1923
Cooling
Cooling: "None"
Expenses
Operating Expense: $36,143
Floors
Flooring: "Wood", "Vinyl", "Tile"
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $60,300
Lot
Features: "Level", "Intown", 0.16 acres, Area: 0.16, 6,970 square feet
Parking
Features: "1 - 4 Spaces", "Concrete"
Property
Parcel Number: RUMF-000113-000000-000312, Zoning: Res
Roof
Roof: "Flat"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $2,789, Tax Lot: 312
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04276
$161k
+44%
(avg) sold price
5
+150%
homes sold
106
+60%
(avg) days on market
Snapshot
Area Map
Fred Andrews
Designated Broker | CEO
Agent profile image

Schools In The Area

Source: Home Junction
Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

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.