$1,225,000

Est. Mortgage $0/mo *

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413-425 Cumberland Street, Rumford, ME, 04276

413-425 Cumberland Street, Rumford, ME, 04276
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22 Full baths

1900

New Englander

16,281 sqft

Turnkey investment portfolio offering 22 units across 4 buildings in Rumford, located at 413, 419, 421, and 425 Cumberland Street. The package consists of three 6-unit buildings and one 4-unit building, with a strong unit mix of (2) four-bedrooms, (3) three-bedrooms, (15) two-bedrooms, and (2) one-bedrooms that appeals to a wide tenant base. All properties are situated within a federally designated Opportunity Zone, providing potential tax advantages for investors. With only 1 current vacancy and an impressive 12.6% cap rate, this portfolio offers immediate turnkey cash flow with long-term upside potential.

Status:

Active

Type:

Multi-family

Units:

22

Zoning:

Residential

Heating:

Baseboard

Cooling:

None

Basement:

Interior, Unfinished

Parking:

1 - 4 Spaces, Common

Acreage:

0.47

Est. Taxes:

$7,697

Construction

Vinyl Siding, Wood Frame

Lot Description:

Level, Sidewalks, Near Town

MLS #:

1638845

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Keller Williams Realty