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429 Penobscot Street

Rumford, ME 04276
Baths
2
Square Ft.
2,012
Active
Multifamily
Property Photo
Property Photo
Property Photo
Property Photo
$125,000
Fully occupied duplex in Rumford offering two 2-bedroom units with strong rental income. Currently producing a 10.5% cap rate, this turnkey property with a new roof in 2025 provides consistent cash flow and is an excellent addition to any investment portfolio.
Market LogoCourtesy of Elevate Maine Realty 207-879-9800
Listing Snapshot
Days Online
5
Last Updated
Full Baths
2
Square Ft.
2,012
Lot Size
0.14 Acres
Year Built
1910
MLS Number
1652672
Additional Details
Lot
Area: 0.14, 6,098 square feet, Features: "Rolling/Sloping", "Near Town", 0.14 acres
Basement
Basement: "Interior", "Unfinished"
Building
Architectural Style: "New Englander", Building Area Total: 2,012, Construction Materials: "Asbestos", "Wood Frame", Number Of Units Total: 2, Year Built: 1910
Cooling
Cooling: "None"
Expenses
Operating Expense: $13,797
Floors
Flooring: "Wood", "Vinyl", "Tile"
Heating
Heating: "Baseboard", Heating Included
Income
Gross Income: $26,988
Parking
Features: "1 - 4 Spaces", "Common"
Property
Parcel Number: RUMF-000112-000000-000211, Zoning: Residential
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $1,526, Tax Lot: 211
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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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
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Fred Andrews
Designated Broker | CEO
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Schools In The Area

Source: Home Junction
Check out nearby schools with ratings and contact info.
Rumford Elementary School 207-364-8155 Public PK-5
Mountain Valley Middle School 207-364-7926 Public 5-8
Mountain Valley High School 207-364-4547 Public 9-12
Rumford Elementary School 207-364-8155 Public PK-5
Rumford Elementary School 207-364-8155 Public PK-5
Mountain Valley Middle School 207-364-7926 Public 5-8
Mountain Valley Middle School 207-364-7926 Public 5-8
Mountain Valley High School 207-364-4547 Public 9-12

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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.