93-99 & 98 Maine AvenueRumford, ME 04276




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$4,562Rare investment package offering 18 total units across two properties located directly across the street from one another in Rumford. The portfolio includes a 12-unit at 93-99 Maine Avenue and a 6-unit at 98 Maine Avenue, with a desirable mix of six one-bedrooms, six two-bedrooms, and six three-bedrooms. The 93-99 Maine Avenue property features two new boilers. With just one vacancy, the properties are currently producing a 9.3% cap rate, with projected upside exceeding 13% through rent increases and value-add improvements. A turnkey opportunity with immediate cash flow and exceptional long-term growth potential.
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Pending | |
| 3 months ago | Listing first seen on site |
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Last checked 2026-07-31 08:07 AM UTC
